Morningstar Fund Report  | 02/04/2025Print

Pictet - Nutrition P EUR

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Pictet - Nutrition P EUR
Fund8.8-13.9-5.10.8-3.1
+/-Cat-5.9-10.01.30.7-1.2
+/-B’mrk-31.8-29.316.93.7-5.5
 
Category: Sector Equity Agriculture
Category Benchmark: Morningstar Gbl Agricul Inp...
Key Stats
NAV
01/04/2025		 EUR 237.33
Day Change 0.70%
Morningstar Category™ Sector Equity Agriculture
ISIN LU0366534344
Fund Size (Mil)
01/04/2025		 EUR 666.96
Share Class Size (Mil)
01/04/2025		 EUR 85.41
Max Initial Charge 5.00%
Ongoing Charge
07/02/2025		  2.01%
Investment Objective: Pictet - Nutrition P EUR
To increase the value of your investment while seeking to achieve a positive environmental and / or social impact. The Fund invests mainly in: • Companies contributing to and/or benefiting from the nutrition value chain, in particular the quality of nutrition, access to nutrition, and sustainability of food production. These companies help to secure food supplies and improve human and planetary health by contributing to positive dietary shifts and global food security. They also help reducing negative environmental impacts compared to traditional agriculture as well as reducing food waste. • Companies whose significant proportion of their activities (as measured by turnover, enterprise value, earning before interests and taxes, or similar metrics) are related to, but not limited to agricultural technology, sustainable agriculture or aquaculture, food products, ingredients and supplements, food logistics such as distribution, food waste solutions, food safety.
Returns
Trailing Returns (GBP)01/04/2025
YTD-2.43
3 Years Annualised-5.10
5 Years Annualised3.81
10 Years Annualised3.39
12 Month Yield 0.00
Management
Manager Name
Start Date
Mayssa Al Midani
01/09/2018
Alex Howson
01/04/2020
Click here to see others
Inception Date
28/05/2009

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI NR EURMorningstar Gbl Agricul Inputs NR USD
Portfolio Profile for  Pictet - Nutrition P EUR28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.680.0099.68
Bond0.020.000.02
Property0.000.000.00
Cash0.660.360.30
Other0.000.000.00
Top 5 Regions%
United States52.50
Europe - ex Euro23.30
Eurozone15.67
Canada3.72
United Kingdom3.24
Top 5 Sectors%
Consumer Defensive35.85
Basic Materials21.52
Industrials17.35
Healthcare16.32
Consumer Cyclical5.51
Top 5 HoldingsSector%
DSM Firmenich AGBasic MaterialsBasic Materials6.36
Novonesis (Novozymes) B Class BBasic MaterialsBasic Materials5.44
International Flavors & Fragranc... Basic MaterialsBasic Materials4.77
Danone SAConsumer DefensiveConsumer Defensive4.74
Zoetis Inc Class AHealthcareHealthcare4.34
Increase Decrease New since last portfolio
Pictet - Nutrition P EUR
Growth Of 1000 (GBP) 31/03/2025
Fund:  Pictet - Nutrition P EUR
Category:  Sector Equity Agriculture
Category Index:  Morningstar Gbl Agricul Inputs NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-5.9514.6716.358.83-13.91-5.100.75-3.11
+/- Category3.821.657.85-5.91-9.971.280.74-1.17
+/- Category Index-5.7211.937.33-31.83-29.2916.883.72-5.51
% Rank in Category24321568883434-
Trailing Returns (GBP)01/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.70   1.430.24
1 Week-0.17   0.59-1.88
1 Month-5.16   -1.18-4.14
3 Months-2.43   -0.67-5.17
6 Months-7.33   -2.89-8.44
YTD-2.43   -0.67-5.30
1 Year-6.10   -0.06-2.68
3 Years Annualised-5.10   3.516.18
5 Years Annualised3.81   -2.05-9.33
10 Years Annualised3.39   -0.51-2.36
 
Category: Sector Equity Agriculture
Category Index: Morningstar Gbl Agricul Inputs NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-3.11---
20244.65-3.084.49-4.93
20231.29-3.17-4.911.75
2022-5.79-8.46-1.391.23
20212.225.790.410.24
2020-13.5817.999.254.45
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageBelow Average3 star
5-YearBelow AverageBelow Average3 star
10-YearAverageLow3 star
OverallAverageBelow Average3 star
 
Category :  Sector Equity AgricultureClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev11.21 %
3-Yr Mean Return-4.81 %
 
3-Yr Sharpe Ratio-0.80
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Agricul Inputs NR USD  MSCI Switzerland Small Cap NR CHF
3-Yr Beta0.480.71
3-Yr Alpha-2.43-6.20
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 22003-
Market Capitalisation% of Equity
Giant4.49
Large44.13
Medium37.70
Small7.82
Micro5.87
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings22.331.28
Price/Book2.741.32
Price/Sales1.781.69
Price/Cash Flow15.661.46
Dividend-Yield Factor1.850.77
 
Long-Term Projected Earnings Growth9.471.05
Historical Earnings Growth3.11-0.67
Sales Growth3.831.16
Cash-Flow Growth20.972.22
Book-Value Growth7.401.14
 
Category: Sector Equity Agriculture
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.680.0099.68
Bond0.020.000.02
Property0.000.000.00
Cash0.660.360.30
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States52.501.18
Canada3.720.62
Latin America0.000.00
United Kingdom3.240.48
Eurozone15.670.88
Europe - ex Euro23.301.56
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed1.581.05
Asia - Emerging0.000.00
 
Category: Sector Equity Agriculture
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials21.521.07
Consumer CyclicalConsumer Cyclical5.510.56
Financial ServicesFinancial Services1.571.42
Real EstateReal Estate0.911.06
Consumer DefensiveConsumer Defensive35.850.96
HealthcareHealthcare16.322.06
IndustrialsIndustrials17.350.84
TechnologyTechnology0.961.02
 
Category: Sector Equity Agriculture
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings46
Total Number of Bond Holdings0
Assets in Top 10 Holdings41.85
NameSectorCountry% of Assets
DSM Firmenich AG101Switzerland6.36
Novonesis (Novozymes) B Class B101Denmark5.44
International Flavors & Fragrances Inc101United States4.77
Danone SA205France4.74
Zoetis Inc Class A206United States4.34
Mowi ASA205Norway3.48
CNH Industrial NV310United States3.37
Ecolab Inc101United States3.21
Kerry Group PLC Class A205Ireland3.10
IDEXX Laboratories Inc206United States3.04
 
Increase Decrease New since last portfolio
Category: Sector Equity Agriculture
 
Management
Name of CompanyPictet Asset Management (Europe) SA
Phone+352 467 171-1
Websitewww.am.pictet
Address15, avenue J.F. Kennedy
 Luxembourg   L-1855
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date28/05/2009
Fund Advisor(s)
Pictet Asset Management SA
Fund ManagerMayssa Al Midani
Manager Start Date01/09/2018
Fund ManagerAlex Howson
Manager Start Date01/04/2020
Fund ManagerMay Hammoud
Manager Start Date01/02/2023
Fund ManagerMarine Jacquemoud
Manager Start Date01/04/2024
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*1.00%
Annual Charges
Max Annual Management Charge2.40%
Ongoing Charge2.01%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes