Posted inHead To Head

HEAD-TO-HEAD: Ninety One versus Pictet

FSA compares two environmental funds: the Ninety One Global Environment fund and the Pictet Global Environmental Opportunities fund.
by Thomas Blott

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Performance

Both funds have performed well in the last few years with the Ninety One fund even recording a mammoth 52.76% return in 2020, although unsurprisingly this year has been more of a struggle with the Ninety One and Pictet funds delivering returns of -23.71% and -16.51% respectively.

“A constant theme is the active approach of both portfolios, tapping into areas with exceptionally strong tailwinds. Both really are stock specific – it is all about the underlying companies in which they invest,” said McDermott.

Given the fact that both funds are high conviction in nature, they tend to be more volatile than their peers, McDermott noted. He also said that the fact that the Ninety One fund is invested in fewer stocks and has greater exposure to emerging markets was an important factor when it comes to assessing volatility.

Discrete calendar year performance

Fund/Sector

YTD*

2021

2020

2019
Ninety One

-23.71%

10.8%

52.76%

n/a
Pictet

-16.51%

26.74%

23.63%

43.95%
Equity – International

-23.4%

14.25%

17.17%

24.01%
Source: FE Fundinfo. Annual returns in US dollars. *1 January 2022 – 10 November 2022

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