Morningstar® Fund Report™
Pictet HK – Pictet Strategic Income Fund - HM RMB Class
Performance History 30/09/2026
Growth of 1,000(CNY) Advanced Graph
• Fund -21.72 13.54 10.70 15.64 14.56
• +/-Cat -16.25 0.75 -0.02 7.09 13.72
• +/-Idx -16.12 -2.57 -1.57 6.41 13.13
Category: USD Flexible Allocation
Index: Morningstar EAA USD Mod Target Allocation NR USD
Trailing Returns 02/10/2026
Fund +/-Idx
YTD 15.70 14.07
3 Years 57.47 25.92
5 Years 38.29 0.06
10 Years - -
12 Month Yield 0.00
Dividend Paying Frequency -
Key Stats
Morningstar Category
USD Flexible Allocation
Morningstar Rating™
Not Rated
Symbol
968075
NAV 02/10/2026
CNH 16.9665
Day Change
0.91%
Total Net Assets (100mil)
30/09/2026
USD 52.35
Actual Front Load Fee
3.00%
Deferred Load Fee
-
Manager Name
Tang  Benson
Kuo  Lorraine
Wong  Andy
Inception Date
28/07/2020
Benchmark
Fund Benchmark
N/A
Morningstar® Benchmark
Morningstar EAA USD Mod Target Allocation NR USD
Investment strategy
The Sub-Fund seeks to provide income and achieve long-term capital growth over the medium to longer term while also managing downside risk by investing primarily in a global diversified portfolio of equities and fixed income securities.
Portfolio Profile 31/08/2026
Morningstar Style Box®_Morningstar:
Equity Style
Asset Allocation %
% Long % Short % Net Assets
Stocks 63.75 1.90 61.86
Bonds 24.03 0.29 23.74
Cash 13.42 6.43 6.99
Other 7.41 0.00 7.41
Top 5 Regions %
United States 67.52
Asia - Developed 10.84
Japan 9.73
Asia - Emerging 4.68
Eurozone 2.60
Top 5 Sectors %
 Technology 31.82
 Communication Services 7.80
 Consumer Cyclical 7.00
 Industrials 4.16
 Utilities 3.60
Top 5 Holdings Sector %
United States Treasury Notes 4% 7.87
United States Treasury Notes 4.5% 5.44
Amazon.com Inc Consumer Cyclical Consumer Cyclical 4.25
United States Treasury Notes 4.25% 3.94
Alphabet Inc Class A Communication Services Communication Services 3.77

Price Chart

  • Pictet HK – Pictet Strategic Income Fund - HM RMB Class
Return Charts
3 Months 6 Months 1 Year 3 Years 5 Years 10 Years
Index Currency
UPDATE
• Fund: Pictet HK – Pictet Strategic Income Fund - HM RMB Class
• Index: Please select ...
Annual Returns 30/09/2026
2019 2020 2021 2022 2023 2024 2025 2026
Total Return - - 12.40 -21.72 13.54 10.70 15.64 14.56
+/- Category - - 7.28 -16.25 0.75 -0.02 7.09 13.72
+/- Index - - 7.61 -16.12 -2.57 -1.57 6.41 13.13
% Rank (Rel to Cat) - - - - - - - -
Trailing Returns 02/10/2026
Total Return +/- Category +/- Index
1 Day 1.14 0.78 0.83
1 Week 0.06 0.69 0.63
1 Month 1.94 3.22 3.10
3 Months -1.61 -0.28 -0.22
6 Months 15.28 11.95 11.95
YTD 15.70 13.73 14.07
1 Year 16.71 14.04 15.13
3 Years 57.47 32.78 25.92
5 Years 38.29 8.49 0.06
10 Years - - -
Quarterly Returns 30/09/2026
Quarter 1 Quarter 2 Quarter 3 Quarter 4
2026 -1.13 20.50 -3.84 -
2025 -2.86 7.97 8.18 1.91
2024 6.92 4.98 2.30 -3.60
2023 9.11 2.27 -3.90 5.88
Dividend 02/10/2026
12 Month Yield 0.00
Morningstar Rating™                 Relative to Category -
3-Year Not Rated
5-Year Not Rated
10-Year Not Rated
Volatility Measurements 30/09/2026
1-Yr Volatility 22.19%   3-Yr Volatility 14.54%
1-Yr MaximumDrawdown -9.62% 3-Yr MaximumDrawdown -10.19%
1 Yr Sharpe Ratio 0.75 3-Yr Sharpe Ratio 1.01
3-Yr Mean Return 1.31%
Investment Style Details 31/08/2026
Morningstar Style Box®_Morningstar:
Equity Style
Size Relative to Category
Average Mkt Cap (Mil) USD 423664.20 0.00
Market Capitalisation % Of Equity
Giant 34.41
Large 21.65
Medium 4.23
Small 1.58
Micro 0.00
Valuations and Growth Rates Equity Portfolio Relative to Category
Price/Prospective Earnings 18.54 0.00
Price/Book 4.38 0.00
Price/Sales 0.19 0.00
Price/Cash Flow 11.35 0.00
Dividend-Yield Factor 0.64 0.00
Long-Term Projected Earnings Growth 19.30 0.00
Historical Earnings Growth 18.96 0.00
Sales Growth 2.38 0.00
Cash-Flow Growth 17.22 0.00
Book-Value Growth 9.80 0.00
AssetAllocation 31/08/2026
Asset Allocation
% Long % Short % Net Assets
•Stocks 63.75 1.90 61.86
•Bonds 24.03 0.29 23.74
•Cash 13.42 6.43 6.99
•Other 7.41 0.00 7.41
World Regions 31/08/2026
% Of Equity Relative to Category
United States 67.52 0.00
Canada 0.03 0.00
Latin America 0.00 0.00
United Kingdom 0.90 0.00
Eurozone 2.60 0.00
Europe - ex Euro 0.61 0.00
Europe - Emerging 0.00 0.00
Africa 0.00 0.00
Middle East 1.53 0.00
Japan 9.73 0.00
Australasia 1.56 0.00
Asia - Developed 10.84 0.00
Asia - Emerging 4.68 0.00
Emerging Market 4.67 0.00
Developed Country 95.33 0.00
Not Classified 0.00 0.00
Stock Sector Weightings 31/08/2026
% Of Equity Relative to Category
CyclicalCyclical 13.42 -
Basic MaterialsBasic Materials 2.89 -
Consumer CyclicalConsumer Cyclical 7.21 -
Financial ServicesFinancial Services 3.22 -
Real EstateReal Estate 0.10 -
Sensitive 45.26 -
Communication ServicesCommunication Services 8.04 -
EnergyEnergy 0.04 -
IndustrialsIndustrials 4.24 -
TechnologyTechnology 32.94 -
DefensiveDefensive 4.86 -
Consumer DefensiveConsumer Defensive -0.12 -
HealthcareHealthcare 1.38 -
UtilitiesUtilities 3.60 -
Top 10 Holdings 31/08/2026
Portfolio
Total Number of Equity Holdings 80
Total Number of Bond Holdings 6
Assets in Top 10 Holdings % 43.64
Product Name Sector Country/Region % of Assets
United States Treasury Notes 4% United States 7.87
United States Treasury Notes 4.5% United States 5.44
Amazon.com Inc Consumer Cyclical Consumer Cyclical United States 4.25
United States Treasury Notes 4.25% United States 3.94
Alphabet Inc Class A Communication Services Communication Services United States 3.77
NVIDIA Corp Technology Technology United States 2.95
Microsoft Corp Technology Technology United States 2.79
United States Treasury Notes 4.125% United States 2.70
Apple Inc Technology Technology United States 2.54
Management Team
CompanyName Pictet Asset Management (Hong Kong) Ltd.
Phone 852 31911880
Website http://www.assetmanagement.pictet
Address 39/F Edinburgh Tower The Landmark, 15 Queen's Road Central



 
Domicile HKG
Legal Structure Unit Trust
UCITS No
Inception Date 28/07/2020
Fund Advisor(s)
Pictet Asset Management (Hong Kong) Ltd.
Fund Manager   Tang Benson
Manager Start Date   31/03/2026
Education  
Biography  
Fund Manager   Kuo Lorraine
Manager Start Date   30/05/2024
Education  
Biography  
Lorraine was Head of Private Equity at Cypress Capital Hong Kong, and Associate Director at Invesco Hong Kong. Lorraine Kuo joined Pictet Group in 2024. Lorraine Kuo is currently Senior Investment Manager, Multi-Asset Hong Kong at Pictet Asset Management.
Fund Manager   Wong Andy
Manager Start Date   27/04/2017
Education  
Biography  
Fees and Expenses
Subscription Fee
Front Load Fee(Max) 3.00%
Actual Front Load Fee 3.00%
Deferred Load Fee Fee
Redemption Fee
Floor Unit Fee
Above 0 Year(s) 0%
Annual Charge
Management (Max) 1.50%
Actual Management Fee 1.40%
Custodian Fee 0.06%
Distribution Fee -
Minimum Investment
MinInvestment 10.00Yuan
Additional Purchase 10.00Yuan

Disclaimer and Important Notes:

  • Wealth Management Products are not deposits and have investment risks, and customers should be cautious in making any investment.
  • The past performance of wealth management products does not represent their future performance, nor does it equate to the actual returns of wealth management products. Investment requires caution.
  • Structured Deposit is different from ordinary deposits and has investment risks, and customers should be aware of the investment risk and cautious in making any investment.
  • The relevant information and data displayed in the pages are for reference only and are those of the offshore funds, under Participation Non-Principal Protected Structured Investment Product, invested by QDII product-overseas fund series issued by DBS China, as well as of the onshore funds distributed by DBS China (as the case may be). The NAV of the underlying fund does not represent the actual performance of Structured Investment Product issued by DBS China. Unless otherwise specified, all content in the webpages is provided by Morningstar Shenzhen Ltd (“Morningstar”), and it is possible to be modified without any notice. Some information provided by Morningstar to the pages may differ from the original data due to technical or operational reasons. DBS Bank (China) Limited (“DBS China”) has not verified, monitored or endorsed any content on any page and will not give any guarantee or warranty of whatsoever nature in respect of the correctness, completeness, or timeliness of any content on any page.
  • Nothing on this page shall constitute an offer or invitation or solicitation to subscribe any product or fund or to enter into any transaction. The content on this page does not have regard to the specific investment objectives, customer risk profile, asset estimates or income levels, investment experience and financial situation or particular needs of any specific person and is not intended to provide, and should not be relied upon for accounting, legal or tax advice, or investment recommendations and is not to be taken in substitution for the exercise of judgment by the reader, who should obtain separate legal or financial advice. Some products displayed on this website are only open to qualified investors. You are obliged to provide materials proving that you are a qualified investor in accordance with relevant requirements before formally purchasing relevant products. DBS China does not act as an adviser or assume any fiduciary responsibility or liability for any consequences financial or otherwise.
  • Investment involves risks and the risk of loss from investment can be substantial. Opinions and estimates are subject to change without notice. Any past performance, projection, forecast or simulation of results is not necessarily indicative of the future or likely performance of any investment. Before entering into any transaction or making a commitment to purchase any product mentioned on this page, the reader should take steps to ensure that the reader understands the transaction and has made an independent assessment of the appropriateness of the transaction in the light of the reader’s own objectives and circumstances. In particular, the reader should read all relevant documentation pertaining to the product (including but not limited to product offering documents, term sheets, prospectuses or other similar or equivalent offer or issue documents, as the case may be) and may wish to seek advice from a financial or other professional adviser or make such independent investigations as the reader considers necessary or appropriate for such purposes. If the reader chooses not to do so, the reader should consider carefully whether any product mentioned in the webpages is suitable for him. DBS China shall not assume any liability for any loss or damage (whether direct or indirect) of any person arising out of or in connection with any error, omission, delay and/or reliance on any content of any page.