Pictet - Water - P EUR
LU0104884860UCITS FundEURAccumulatingFigures as of 2026-08-31 · update requestedPictet - Water - P EUR is a global water technology equity ucits fund from Pictet Asset Management with a total expense ratio of 1.99% and a risk indicator of 4 on the 1–7 scale. Its ten largest positions weigh 33.2% of the portfolio, which FundFacts classifies as balanced. Regional focus: Global with a United States tilt. Sector tilt: Water Technology.
Key facts
Risk indicator (SRRI)
Investment objective
Objective To increase the value of your investment while seeking to achieve a positive environmental and/or social impact. Reference Index MSCI AC World (EUR), an index that does not take into account environmental, social and governance (ESG) factors. Used for risk monitoring, performance objective and performance measurement. Portfolio Assets The Fund invests at least two-thirds of its net assets in equities of companies providing water supply or processing services, water technology or environmental services. The Fund may invest worldwide, including in emerging markets and Mainland China. Derivatives and Structured Products The Fund may use derivatives to reduce various risks (hedging) and for efficient portfolio management, and may use structured products to gain exposure to portfolio assets. Compartment Currency EUR Investment Process In actively managing the Fund, the Investment Manager uses a combination of market and fundamental company analysis to select securities that it believes offer favourable growth prospects at a reasonable price. The Investment Manager considers ESG factors a core element of its strategy by seeking to invest mainly in economic activities that contribute to an environmental and social objective whilst avoiding activities that adversely affect society or the environment. Voting rights are methodically exercised and there may be engagement with companies to positively influence ESG practices. For further information, please refer to our exclusion framework in the Responsible Investment policy*, SFDR product category Article 9. The portfolio composition is not constrained relative to the benchmark, so the similarity of the Fund's performance to that of the benchmark may vary.
Fund details
| ISIN | LU0104884860 |
| Fund house | Pictet Asset Management |
| Structure | UCITS Fund |
| Share class | P EUR |
| Share class currency | EUR |
| Distribution policy | Accumulating |
| Domicile | Luxembourg |
| Launch date | 2006-11-15 |
| Benchmark | MSCI AC World (EUR) |
| SFDR classification | Article 9 |
| Asset class | Equities |
| Fund size | EUR 5.6bn |
| Number of holdings | 49 |
Fees and costs
| Total expense ratio (TER) | 1.99% |
| Ongoing charges | 1.99% |
| Transaction costs | 0.04% |
| Entry charge | 5% |
| Exit charge | 1% |
| Performance fee | None |
| Reduction in yield, 1 year | 8.00% |
| Reduction in yield, holding period | 3.40% |
| Recommended holding period | 5 years |
Growth of 100 since inception
Calendar-year returns
Annualised returns
| Period | Fund | Index | Diff |
|---|---|---|---|
| 1 Year | −6.98% | +23.29% | −30.27% |
| 3 Years p.a. | +2.19% | +17.78% | −15.59% |
| 5 Years p.a. | +0.04% | +11.24% | −11.20% |
| 10 Years p.a. | +6.35% | +12.10% | −5.75% |
| Since Inception | +6.33% | +8.83% | −2.50% |
Largest sectors
- 65.0%
- 17.1%
- 16.0%
- 1.9%
Largest countries
- 64.2%
- 8.3%
- 6.2%
- 5.7%
- 4.4%
- 2.5%
- 2.5%
- 1.9%
- 1.8%
- 1.5%
Concentration
Top 10 weight 33.2% — balanced- 014.39%
- 024.19%
- 033.53%
- 043.51%
- 053.29%
- 063.17%
- 073.06%
- 082.92%
- 092.58%
- 102.58%
Frequently asked questions
What is the TER of Pictet - Water - P EUR?
The total expense ratio (TER) of Pictet - Water - P EUR (LU0104884860) is 1.99% per year.How risky is Pictet - Water - P EUR?
Pictet - Water - P EUR has a risk indicator (SRRI) of 4 on a scale from 1 (lower risk) to 7 (higher risk), which FundFacts places in the medium risk band. Its 3-year volatility is 14.4%. Its maximum drawdown is -14.8%.What are the top holdings of Pictet - Water - P EUR?
The largest positions of Pictet - Water - P EUR as of 2026-08-31 are Cia De Saneamento Basico Do Estado De Sao Paulo Sabesp (4.39%), Parker-Hannifin Corp (4.19%), Ecolab Inc (3.53%), Agilent Technologies Inc (3.51%) and Api Group Corp (3.29%). Its ten largest holdings make up 33.2% of the portfolio, out of 49 holdings in total.What does Pictet - Water - P EUR invest in?
Pictet - Water - P EUR is a global water technology equity ucits fund. Its largest exposures as of 2026-08-31 are by country, United States 64.2%, United Kingdom 8.3% and Brazil 6.2%; by sector, Water Technology 65.0%, Water Supply 17.1% and Environmental Services 16.0%.How has Pictet - Water - P EUR performed?
Pictet - Water - P EUR returned -6.98% over one year, +0.04% a year over five years and -4.1% in calendar year 2025 as of 2026-08-31, according to the NAV history Pictet Asset Management publishes. Past performance does not predict future returns.Is Pictet - Water - P EUR accumulating or distributing?
Pictet - Water - P EUR is an accumulating share class: income from its holdings is reinvested in the fund rather than paid out.Which index does Pictet - Water - P EUR track?
Pictet - Water - P EUR's benchmark is the MSCI AC World (EUR).Where is Pictet - Water - P EUR domiciled and what is its SFDR classification?
Pictet - Water - P EUR is domiciled in Luxembourg (ISIN LU0104884860). It is classified under Article 9 of the EU Sustainable Finance Disclosure Regulation (SFDR).Where does this data about Pictet - Water - P EUR come from?
FundFacts reads it from the documents Pictet Asset Management publishes for this share class — product page, factsheet, key information document and, where available, holdings and NAV files — and refreshes it every 24 hours. The same factsheet is available as JSON from the FundFacts API.Get this factsheet as JSON
Everything on this page, plus the full holdings, every breakdown, the monthly series and the risk statistics, is one REST call. Any fund or ETF by ISIN, refreshed every 24 hours from the issuer's own documents.