Pictet Clean Energy

Worldwise summary

A global Clean Energy fund
Invests in Carbon Free Energy such as wind, Low Carbon energy such as natural gas, and Energy Efficiency such as efficienct lighting
Invests in 60 to 80 stocks out of 680 in its investment universe
Pictet use a Swiss company, Ethos, for their engagement policies with companies they invest in

Fund summary

The fund's aim is to be invested in the winners of the energy transition. The fund is focused on investing in companies that have a strong market position in their respective industries, to be able to yield pricing power and to deliver profitable growth. We continue to focus on companies that have favourable cash flows relative to their market-implied valuations. The fund’s investment universe spans the globe with approximately 80% in North America and Europe, and 20% in the rest of the world. These are energy-related companies that contribute to/benefit from the world’s transition to less carbon-intensive energy and are active in the fields of: resources, technology & equipment, infrastructure and energy efficiency. The fund is not restricted to new energies.

Fund objectives

The sub-fund seeks capital growth by investing at least two-thirds of its total assets in the shares of companies worldwide that contribute to and benefit from the switch to lower-carbon energy sources. The sub-fund favours companies operating in the field of cleaner infrastructures and resources, carbon-reducing technologies and equipment, the generation, transmission and distribution of cleaner energy and energy efficiency.

Management

Luciano Diana - Fund Manager

Luciano joined Pictet Asset Management in 2009. He is a Senior Investment Manager in the Sector & Theme funds team. Before joining Pictet, Luciano spent 4 years at Morgan Stanley, where he headed the London based clean energy sell-side research team. Luciano holds a Laurea in Engineering from the University of Padua, Italy, and an MBA from INSEAD

Xavier Chollet - Fund Manager

Xavier joined Pictet Asset Management in 2011 as a Senior Investment Manager in the Sector & Theme Funds team. Previously, he was with Pictet’s Wealth Management division since 1998 as an analyst covering technology as well as clean energy starting in 2007. He also managed two internal portfolios on solar energy and energy efficiency. Xavier holds a Master’s degree in Finance from HEC Lausanne.

Ethical screens

This funds excludes companies on the Government Pension Fund of Norway's blacklist.

Top Ten holdings

Schneider electric
3.90%
Itc hldgs corp
3.90%
Bg group
3.90%
Emerson electric co
3.50%
Johnson controls inc
3.50%
Infineon technologies ag
3.40%
Spectra energy corp
3.20%
Sempra energy corp
3.20%
Rockwell automation inc
2.80%
Novatek microelectronics corp,
2.70%

What are the risks?

Some of the information on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Worldwise Investor accepts no liability for the reliability or accuracy of the data provided by third parties. Read more about our data sources in our Terms & Conditions. Some performance differences between the fund and the benchmark may arise because the fund performance is calculated at a different valuation point from the benchmark.

Fund Performance

Further information

Website: www.pictetfunds.com

Contact number:

Factsheet: click here (PDF)

Latest fund news

news Pictet Global Megatrend Selection - one for the future?

By Mark Hoskin on 17 February 2012 Fund News

news Citywire make Pictet Clean Energy 'Fund of the Week'

By Mark Hoskin on 28 November 2011 Market News | Fund News

news Cameron fails to convince business and environmental groups with green energy speech

By Carol Wong on 29 April 2012 Thematic News

news Interview with Philippe Rohner (Senior Investment Manager at Pictet)

By Arabella Murphy on 24 April 2012

news Obama announces $1bn plan for supporting green cars

By Louise Fallon on 12 March 2012 Thematic News

news New UK Energy and Climate Change Secretary, but what will change for Clean Energy Investment?

By Louise Fallon on 6 February 2012

news Obama promotes Clean Energy, but also Oil and Shale Gas

By Louise Fallon on 30 January 2012 Thematic News

In the Press

Pictet win SRI/ESG Manager of the Year 2012 at the UK Pensions Awards
on 14 May 2012

Key facts

Theme: Clean Energy

Asset class: Equity

Launch date: 14 November 2007

		Type		Yield		1yr TRR	TER	Theme					Facts	Mgr	Fav

Sector breakdown

Regional breakdown

The value of ethical and green investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks of investing. Our aim is to provide you with the best information we can to help you make decisions about ethical and green investments. It is not to advise you on the suitability of an investment to your personal circumstances. Nothing written on the site should be considered personal advice, nor do Holden & Partners accept liability for any inaccurate information on the site. If you are unsure about the suitability of an ethical and green investment please contact Holden & Partners or your financial adviser.