Pictet-USA Index P EUR LU0474966164

Pictet-USA Index P EUR is an index fund managed by Pictet-USA, classified by Morningstar as US Large-Cap Blend Equity and domiciled in Luxembourg. It was launched on 7 June 2011 and manages 2.20bn GBP. Its ongoing charge is 0.44% a year. It accumulates its income (no dividends paid out).

It belongs to the US family. Beyond the S&P 500, the US market has indices with very different profiles: the Nasdaq-100 concentrates large technology companies, and the Russell indices cover everything from the total market down to small caps.

Stated objective, as published by Financial Times:

The fund seeks to achieve a performance comparable to the reference index.

Financial Times

These indices overlap heavily with each other and with the S&P 500. If you hold several products from this family, it's easy to end up with far more concentration in the same companies than you think. Seeing it all together in one app is exactly what surfaces that overlap.

Comparing only the index funds in this family that publish their ongoing charge (5), the cheapest charges 0.06% and the most expensive 0.45%. Pictet-USA Index P EUR sits at 0.44%.

These are the other products of the same family in the catalogue. Not all of them track exactly the same index: compare the full name, the TER, the currency, whether they accumulate or distribute and where they are listed.

Product	ISIN / Ticker	Type	Market	Currency	Dividends	Ongoing charge (TER)
Invesco EQQQ Nasdaq-100 UCITS ETF (Dist)	EQQQ.PA	ETF	Euronext Paris	EUR	Distributing	0.30%
iShares Nasdaq 100 UCITS ETF USD (Acc)	CNDX.L	ETF	London SE	USD	Accumulating	0.30%
SPDR MSCI USA Small Cap Value Weighted UCITS ETF (Acc)	ZPRV.DE	ETF	Xetra	EUR	Accumulating	n/a
Schwab U.S. Dividend Equity ETF	SCHD	ETF	NYSE Arca	USD	n/a	n/a
iShares Russell 2000 ETF	IWM	ETF	NYSE Arca	USD	n/a	n/a
Invesco EQQQ Nasdaq-100 UCITS ETF (Dist)	EQQQ.L	ETF	London SE	GBP	Distributing	0.30%
Invesco EQQQ Nasdaq-100 UCITS ETF (Acc)	EQAC.DE	ETF	Borsa Italiana	EUR	Accumulating	n/a
Amundi MSCI North America ESG Broad Transition AE-C (formerly Index MSCI North America)	LU0389812347	Index fund	Fund (not listed)	EUR	Accumulating	0.30%
iShares US Index Fund (IE) D Acc EUR	IE00BDZS0987	Index fund	Fund (not listed)	EUR	Accumulating	0.08%
MyInvestor Nasdaq 100 FI	ES0165265002	Index fund	Fund (not listed)	EUR	Accumulating	0.45%
Bindex USA Índice FI	ES0114565007	Index fund	Fund (not listed)	EUR	Accumulating	0.06%

US funds and ETFs

• Open Neto and go to Investments (a Neto PRO feature).
• Search for the product by ISIN (funds) or by ticker (ETFs).
• Enter your units and your average purchase price.
• The app updates the price and recalculates your net worth on its own.

Everything you add feeds the same number you see on the main screen, so you don't keep one app for spending and another for investments: it's the same picture.

What ongoing charge (TER) does Pictet-USA Index P EUR have?

According to the Financial Times, 0.44% a year. It is what the product deducts from its own value for running it; you don't pay it separately and it is already reflected in the price you see in Neto.

Does Pictet-USA Index P EUR accumulate or distribute dividends?

It accumulates: dividends received are reinvested inside the product instead of being paid out. In Neto you see that as a price increase, not as income.

How is Pictet-USA Index P EUR identified?

By its ISIN, LU0474966164. Funds are not exchange-listed: they have a daily net asset value published by the manager. In Neto you add it by that ISIN and the price updates on its own.

Can I track Pictet-USA Index P EUR in Neto?

Yes. Add it by its ISIN, enter your units and average price, and the app keeps the value up to date and adds it to your net worth, next to your accounts, savings and debts. No broker connection.