Feeder Fund
| Fund type | Open-end Equity Fund, Feeder Fund |
| Risk Level | 6 |
| Investment Policy | The fund’s policy is to invest solely in the USD-denominated share class “I” units of the Pictet – Premium Brands Fund (master fund), averaging at least 80% of NAV during the financial year. |
| Master Fund | PICTET – PREMIUM BRANDS |
| ISIN Code | LU0280433417 |
| Management Company (Master Fund) | Pictet Asset Management (Europe) S.A. |
| Investment Policies (Master Fund) | This Compartment will apply a capital growth strategy by investing at least two-thirds of its total assets/total wealth in equities issued by companies operating in the premium brands sector, which offer high quality services and products. These companies enjoy strong market recognition because they have the ability to create or channel consumer trends. They may also have a certain ability to set prices. These companies are particularly specialized in high-end products and services or in financing this type of activity. The investment process integrates ESG factors based on proprietary and third-party research to evaluate investment risks and opportunities. The proportion of the Compartment’s portfolio subject to ESG analysis is at least 90% of the net assets or number of issuers. When selecting investments, the Compartment adopts a tilted approach which seeks to increase the weight of securities with low sustainability risks and/or to decrease the weight of securities with high sustainability risks. This strategy applies an additional exclusion policy relating to direct investment in companies and countries and that are deemed incompatible with Pictet Asset Management’s approach to responsible investment. Please refer to our responsible investment policy on https://www.am.pictet/en/globalwebsite/global-articles/ company/responsible-investment for further information. The Compartment’s investment universe will not be limited to any particular region (including emerging countries). This Compartment will hold a diversified portfolio composed, within the limits of the investment restrictions, of securities in listed companies. These securities may be ordinary or preference shares, and to a lesser extent warrants on transferable securities and options. In addition, the Compartment may also invest up to 10% of its net assets in UCITS and other UCIs, including other Compartments of the Fund pursuant to Article 181 of the 2010 Act. The Compartment may also invest in China A Shares not more than 30%, fixed income not more than 10% and securities lending not more than 25% The Compartment may also invest in depositary receipts (such as ADR, GDR, EDR). |
| Class & currency | Class I (USD) |
| Dividend Policy | No dividend |
| Minimum Subscription | 1.00 Baht |
| Minimum Redemption | 1.00 Baht |
| Trading Hours | Every business day of the fund from 8.30 – 15.30 hrs |
| Settlement Period | T+3 |
| Management Fee | Not exceeding 2.14% p.a.1 |
| Trustee Fee | Not exceeding 0.214% p.a.1 |
| Registrar Fee | Not exceeding 0.535% p.a.1 |
| Front-end Fee | Not exceeding 3.21%1 |
| Back-end Fee | Not exceeding 3.21%1 |
| Brokerage Fee | Not exceeding 0.535%1 |
| Bloomberg Ticker Ticker | Ticker of fund : KTLUXRY TB Ticker of master fund: PFPREMI LX |