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Pictet SmartCity Class I - Income (GBP)

Sell:15,006.00p Buy:15,006.00p Change: 90.00p (0.60%)
Prices as at 23 December 2024
Sell:15,006.00p
Buy:15,006.00p
Change: 90.00p (0.60%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 23 December 2024
Sell:15,006.00p
Buy:15,006.00p
Change: 90.00p (0.60%)
Prices as at 23 December 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Our view on the sector

Equity income funds are popular with investors. Most try to generate a rising income, and increase the value of your original investment, over the long term. The income can be paid out, or reinvested to boost long-term growth. Equity income funds have traditionally focused on the UK, and there's still a strong case for UK equity income. But there's a growing case for investing globally for income too. The number of companies outside the UK offering high and rising dividends has increased rapidly. And exposure to foreign currencies will boost returns if sterling weakens, like it did after the UK voted to leave the European Union in 2016, but the reverse is true if sterling strengthens.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

24/12/19 to 24/12/20 24/12/20 to 24/12/21 24/12/21 to 24/12/22 24/12/22 to 24/12/23 24/12/23 to 24/12/24
Annual return 10.84% 8.82% -21.27% 12.84% 8.80%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

Manager Name: Benjamin Lerner
Manager start date: 31 March 2021
Manager located in: Zurich

Benjamin Lerner joined Pictet Asset Management in 2019 and is an Investment Manager on the Thematic Equities Team. Before joining Pictet Benjamin completed internships in asset management and investment banking. He joined the firm within the Graduate Programme, during which he worked for several Thematic Equities teams, as well as the Total Return Equities - Mandarin team in both Geneva and Zurich. Benjamin holds a Master of Science in Finance from the London School of Economics and Political Science as well as a Bachelor of Science from Bocconi University in Milan.

Manager Name: Andreas Kringlen
Manager start date: 31 March 2021
Manager located in: London

Andreas Kringlen joined Pictet Asset Management in 2014 and is an Investment Manager on the Thematic Equities Team. Andreas started his investment career with the Graduate Programme in Pictet Asset Management, working with Thematic Equities, Developed and Emerging Market Equities Research and Total Return Strategies, both in Geneva and London. At the end of the program, he joined the Global Emerging Market Strategy as an Investment Manager. Andreas holds a Bachelor in Law and Economics and Master Degree in Banking and Finance from the University of St. Gallen and is a CFA charterholder.

Manager Name: Ivo Weinöhrl
Manager start date: 24 August 2018
Manager located in:

Ivo Weinöhrl joined Pictet Asset Management in 2016 and is a Senior Investment Manager in the Thematic Equities team. Before joining Pictet Ivo worked at Deutsche Asset Management where he held joint responsibility for the DWS Top Dividende fund. Ivo's investment management career at Deutsche also included being the lead manager for a global value fund and managing US equity funds - including a high dividend strategy. Ivo holds a Diplom-Kaufmann in Business Administration & Electrical Engineering from the Technical University of Munich and is a CFA charterholder.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account