Prospectus - April 2013 - Pictet Funds Hong Kong

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The Fund will also comply with such conditions or requirements as may be imposed by the SFC from time totime. Prior approval will be sought from the SFC and the Fund will provide prior notification of one month (orsuch other notice period required by the SFC) to affected investors if the Fund intends to change theinvestment objectives, policies and/or restrictions applicable to the Fund in future. The Fund’s Hong Kongoffering documents will be updated as appropriate if there are any such changes.Key Investor Information DocumentInvestors should note that in accordance with the requirements under UCITS IV, a Key Investor InformationDocument (“KIID”) is available for each of the share classes of the Fund. The KIIDs are available on requestfrom the registered office of the Fund. The KIIDs must be read together with this Information for Hong KongInvestors.The KIIDs contain key information about the compartments of the Fund. Investors are reminded thatinvestment involves risks. The KIIDs are not intended to be, and shall not in any event be interpreted as, anoffering document of the Fund. Investors should read the latest Prospectus and this document before makingany investment decision.Legal AdvisorsThe legal advisor to the Fund in Hong Kong is Deacons of 5th Floor, Alexandra House, 18 Chater Road,Central, Hong Kong.Documents available for inspectionFor as long as the Fund maintains its authorisation with the SFC under Section 104 of the Securities andFutures Ordinance, copies of the following documents in relation to the Fund may be inspected free of chargeat the offices of the Hong Kong Representative at the address given above, during normal business hours onany Hong Kong banking day:-1. The Articles of Association of the Fund;2. The latest annual report and the latest semi-annual report if more recent than the former;3. The Management Company agreement between the Fund and the Management Company;4. The Custodian agreement concluded between Pictet & Cie (Europe) S.A. and the Fund;5. The risk management policies package; and6. The Hong Kong Representative Agreement.This document is dated 19 April 201320
APPENDIX AFees Payable by shareholdersName ofcompartments andtype of shareClass ofsharesSubscription Redemption ConversionFees payable tofinancialintermediaries and/ordistributorsDilution Levy 1Commission payable tofinancial intermediariesand/or distributorsDilution Levy 1Administrative chargesand commissions tointermediariesDilution Levy 1Global EmergingDebtP USDFront-end load in favourof intermediaries of nomore than 5% of NAVper shareMaximum of 2% ofthe value of the NAVon the issue priceBack-end load in favour ofintermediaries of no morethan 1% of NAV per shareMaximum of 2% ofthe value of the NAVon the redemptionpriceMaximum of 2% of NAVper shareMaximum of 2% ofthe value of the NAVon the conversionpriceHP EURFront-end load in favourof intermediaries of nomore than 5% of NAVper shareMaximum of 2% ofthe value of the NAVon the issue priceBack-end load in favour ofintermediaries of no morethan 1% of NAV per shareMaximum of 2% ofthe value of the NAVon the redemptionpriceMaximum of 2% of NAVper shareMaximum of 2% ofthe value of the NAVon the conversionpriceP dmUSDFront-end load in favourof intermediaries of nomore than 5% of NAVper shareMaximum of 2% ofthe value of the NAVon the issue priceBack-end load in favour ofintermediaries of no morethan 1% of NAV per shareMaximum of 2% ofthe value of the NAVon the redemptionpriceMaximum of 2% of NAVper shareMaximum of 2% ofthe value of the NAVon the conversionpriceP dmHKDFront-end load in favourof intermediaries of nomore than 5% of NAVper shareMaximum of 2% ofthe value of the NAVon the issue priceBack-end load in favour ofintermediaries of no morethan 1% of NAV per shareMaximum of 2% ofthe value of the NAVon the redemptionpriceMaximum of 2% of NAVper shareMaximum of 2% ofthe value of the NAVon the conversionpriceHP dmAUDFront-end load in favourof intermediaries of nomore than 5% of NAVper shareMaximum of 2% ofthe value of the NAVon the issue priceBack-end load in favour ofintermediaries of no morethan 1% of NAV per shareMaximum of 2% ofthe value of the NAVon the redemptionpriceMaximum of 2% of NAVper shareMaximum of 2% ofthe value of the NAVon the conversionprice1 Dilution levy will only be charged in certain exceptional circumstances which are set out under the section entitled “Dilution Levy” in the Prospectus.21
Page 1: www.pictetfunds.hkPictetHong Kong P
Page 4 and 5: The following paragraphs shall be i
Page 6 and 7: PFML was initially incorporated on
Page 8 and 9: “PICTET- HIGH DIVIDEND SELECTIONT
Page 10 and 11: 6. Additional disclosures regarding
Page 12 and 13: Pictet Asset Management Holding S.A
Page 14 and 15: With effect from the 1st of July, 2
Page 16 and 17: 19. PICTET - Sovereign Short-Term M
Page 18 and 19: Use of Financial Derivative Instrum
Page 20 and 21: The Fund is entitled under certain
Page 22 and 23: The compartment’s investments are
Page 24 and 25: Issue of sharesOnly the following c
Page 26 and 27: If payment in full has not been rec
Page 28 and 29: • Quality of the counterparty’s
Page 30 and 31: ManagerPictet Asset Management LtdP
Page 34 and 35: Name ofcompartments andtype of shar
Page 44 and 45: Name of compartments Type of shares
Page 46 and 47: APPENDIX C - RISK FACTORS APPLICABL
Page 49: PICTETSociété d'investissement à
Page 53 and 54: Table of ContentsProspectus 47MANAG
Page 55 and 56: 17. PICTET - GLOBAL EMERGING CURREN
Page 57: 61. PICTET - INDIA INDEX 20662. PIC
Page 60 and 61: The distribution of this document i
Page 62 and 63: minimum subscription amount. The Bo
Page 64 and 65: Metropolitan West Asset Management
Page 66 and 67: Information for shareholdersThe Fun
Page 68 and 69: The Dilution Levy thus applied will
Page 70 and 71: compartment(s) or (iv) of a notice
Page 72 and 73: investors and for the compartments
Page 74 and 75: and/or other Undertakings for Colle
Page 76 and 77: 8) The Fund may not invest more tha
Page 78 and 79: c) any other very liquid asset, con
Page 80 and 81: Annex 1: Fixed-income compartmentsT
Page 82 and 83:
2. PICTET - USD GOVERNMENT BONDSInv
Page 84 and 85:
3. PICTET - SHORT-TERM MONEY MARKET
Page 86 and 87:
Page 88 and 89:
Page 90 and 91:
6. PICTET - EUR CORPORATE BONDSInve
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Manager: PAM LtdConsolidation curre
Page 95 and 96:
8. PICTET - WORLD GOVERNMENT BONDSI
Page 97 and 98:
9. PICTET - EUR HIGH YIELDInvestor
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PICTET - EUR HIGH YIELDType of shar
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Shares not yet issued that may be a
Page 103 and 104:
Shares not yet issued that may be a
Page 105 and 106:
PICTET - CHF BONDSType of share Act
Page 107 and 108:
Initial subscription price: The net
Page 109 and 110:
Frequency of NAV calculationEach Ba
Page 111 and 112:
Investments in unlisted securities
Page 113 and 114:
PICTET - EMERGING LOCAL CURRENCY DE
Page 115 and 116:
Investors should be aware that the
Page 117 and 118:
17. PICTET - GLOBAL EMERGING CURREN
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and falsified securities. There is
Page 121 and 122:
PICTET - SHORT-TERM MONEY MARKET JP
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Swaps and Derivatives Association (
Page 125 and 126:
20. PICTET - SOVEREIGN SHORT-TERM M
Page 127 and 128:
21. PICTET - SOVEREIGN SHORT-TERM M
Page 129 and 130:
22. PICTET - US HIGH YIELDInvestor
Page 131 and 132:
PICTET - US HIGH YIELDType of share
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tion, conversion and/or redemption
Page 135 and 136:
Expected leverage: 50%. Depending o
Page 137 and 138:
25. PICTET - GLOBAL BONDS FUNDAMENT
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those applied in Western European c
Page 141 and 142:
26. PICTET - EMERGING CORPORATE BON
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Payment value date for subscription
Page 145 and 146:
Risk management method: Relative va
Page 147 and 148:
PICTET - EMERGING LOCAL CURRENCY DE
Page 149 and 150:
NAV are listed on markets that are
Page 151 and 152:
PICTET - SMALL CAP EUROPEType of sh
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The exclusive purpose of PFML is to
Page 155 and 156:
31. PICTET - EASTERN EUROPEInvestor
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32. PICTET - EUROPE INDEXInvestor t
Page 159 and 160:
33. PICTET - USA INDEXInvestor type
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34. PICTET - EUROPEAN SUSTAINABLE E
Page 163 and 164:
35. PICTET - JAPAN INDEXInvestor ty
Page 165 and 166:
36. PICTET - PACIFIC EX JAPAN INDEX
Page 167 and 168:
37. PICTET - DIGITAL COMMUNICATIONI
Page 169 and 170:
38. PICTET - BIOTECHInvestor type p
Page 171 and 172:
39. PICTET - PREMIUM BRANDSInvestor
Page 173 and 174:
40. PICTET - WATERInvestor type pro
Page 175 and 176:
41. PICTET - INDIAN EQUITIESInvesto
Page 177 and 178:
j) Pictet Asset Management Ltd has
Page 179 and 180:
PICTET - JAPANESE EQUITY OPPORTUNIT
Page 181 and 182:
PAEML’s advisory activities for t
Page 183 and 184:
44. PICTET - GREATER CHINAInvestor
Page 185 and 186:
45. PICTET - JAPANESE EQUITY SELECT
Page 187 and 188:
46. PICTET - GENERICSInvestor type
Page 189 and 190:
47. PICTET - EMERGING MARKETS INDEX
Page 191 and 192:
48. PICTET - EUROLAND INDEXInvestor
Page 193 and 194:
49. PICTET - US EQUITY GROWTH SELEC
Page 195 and 196:
50. PICTET - SECURITYInvestor type
Page 197 and 198:
51. PICTET - CLEAN ENERGYInvestor t
Page 199 and 200:
52. PICTET - RUSSIAN EQUITIESInvest
Page 201 and 202:
PICTET - RUSSIAN EQUITIESType of sh
Page 203 and 204:
Payment value date for subscription
Page 205 and 206:
RedemptionBy 3:00 pm on the Banking
Page 207 and 208:
Frequency of NAV calculationsEach b
Page 209 and 210:
PICTET - US EQUITY VALUE SELECTIONT
Page 211 and 212:
Frequency of NAV calculationEach ba
Page 213 and 214:
ied forward to the next Banking Day
Page 215 and 216:
ConversionThe most restrictive time
Page 217 and 218:
Page 219 and 220:
Page 221 and 222:
RedemptionBy 12:00 noon one Banking
Page 223 and 224:
Page 225 and 226:
Managers: PAM LtdConsolidation curr
Page 227 and 228:
PICTET - EMERGING MARKETS HIGH DIVI
Page 229 and 230:
Currency exchange risksThe compartm
Page 231 and 232:
66. PICTET - QUALITY GLOBAL EQUITIE
Page 233 and 234:
67. PICTET - QUALITY EUROPEAN EQUIT
Page 235 and 236:
68. PICTET - GLOBAL MAJOR PLAYERSIn
Page 237 and 238:
Annex 3: Balanced Compartments and
Page 239 and 240:
70. PICTET - ABSOLUTE RETURN GLOBAL
Page 241 and 242:
Type of shareIndexShare classes den
Page 243 and 244:
SubscriptionBy 12:00 noon on the Ba
Page 245 and 246:
PICTET - CONVERTIBLE BONDSType of s
Page 247 and 248:
73. PICTET - GLOBAL FLEXIBLE ALLOCA
Page 249 and 250:
Performance fee:The manager will re
Page 251 and 252:
Risks linked to investments in othe
Page 254:
For further information, please con
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Prospectus - April 2013 - Pictet Funds Hong Kong

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