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PJAM

188.66000 EUR
2.61
1.40%
Last update Jun 25, 8:17 AM CEST
Main market
Day range
188.66000
188.66000
Previous close
186.050003
Open
188.66000
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Pictet Timber Fund
188.66
2.61
1.40%

Overview

Description

Pictet Timber Fund is a mutual fund designed to provide investors with exposure to the timber and forestry sector. Its primary function is to invest in a diversified portfolio of companies that are involved in the management of timberland, sustainable forestry, and the production of related wood products. By targeting businesses across the entire timber value chain, the fund aims to capitalize on long-term growth prospects driven by increasing global demand for timber and wood-based products, coupled with sustainable forestry practices. The fund's notable features include investments in companies focusing on timberland ownership, processing facilities, and distribution networks, as well as firms specializing in innovative material technologies derived from wood. Pictet Timber Fund serves as a unique asset class due to its emphasis on sustainability and renewable resources, offering potential inflation protection with historically low correlation to mainstream asset classes like stocks and bonds. In the financial market, Pictet Timber Fund holds significance as a thematic investment vehicle that aligns with the rising interest in environmental and social governance (ESG) investing. Its focus on responsible management of natural resources makes it particularly attractive to investors seeking to balance economic returns with ecological stewardship.

About

Address
Phone
Website
Instrument type
ETF
Country
Germany
MIC code
XBER
Main market

Exchange is currently active.
Closing in 9 hours 37 minutes

10:22
00:00
08:00
20:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).