Fact sheet: Pioneer Fd Eur Hi Yd

Fund information
Fund name
Pioneer Funds - Euro High Yield N Distributing Annually EUR
Fund manager company
Pioneer Investments
Fund type
No data available.
Fund managers
  • Colm D'Rosariosince 01/08/2013
Fund objective
This Sub-Fund seeks to increase the value of your investment and to provide income over the medium to long term. The Sub-Fund invests mainly in below-investment grade bonds from anywhere in the world, including emerging markets. The Sub-Fund may also invest in money market securities, and may invest up to 20% of its assets in convertible securities and, on an ancillary basis, equities. The Sub-Fund’s investments will mainly be denominated in euro. For temporary defensive purposes, the Sub-Fund may invest up to 49% of its assets in cash or in bonds from EU states whose national currency is the euro. The Sub-Fund may use derivatives to reduce various risks, for efficient portfolio management and as a way to gain exposure to various assets, markets or income streams.
Benchmark
  • BofA ML European High Yield Constrained
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
7.3%
1 Year rank in sector
9/27
Sector
FO Fixed Int - EUR High Yield
Yield
-
Fund size
£1,617m (£1,249m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
60
Top in this sector
Fund name1 Year
Aberdeen Gbl SelEurHiYdBd26.7%
Pioneer SICV-Eur Hi Yd25.9%
Nordea 1 Europ HgYdBd II9.5%
Schroder ISF EURO Hi Yd9.4%
Oddo CmpsEuHiYdBd8.4%
...more in FO Fixed Int - EUR High Yield

Performance snapshot

Holdings snapshot

  • Money Market17.8%
    Italy14%
    UK13.5%
    France10.5%
    Germany6.4%
  • Fixed Interest80.3%
    Money Market17.8%
    Others1.8%
    Equities0.1%
  • Money Market17.8%
    Italian Fixed Interest14%
    UK Fixed Interest13.5%
    French Fixed Interest10.5%
    German Fixed Interest6.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%2.9%5.6%7.3%15.7%52.5%
Sector-0%2.9%5.1%6.7%14.6%51.6%
Rank within sector3 / 275 / 276 / 279 / 27--
Quartile1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.9%2.7%2%7%23.5%
Sector6.4%0.8%3.2%8.3%22.4%
Rank within sector8 / 274 / 27---
Quartile2nd1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-0.59
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.14
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.36
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
5.02
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.58
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.05
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.91
Price movement
52 week high51.46
52 week low45.99
Current bid price-
Current offer price-
Current mid price51.18
Region
1Money Market17.83%
2Italy14.01%
3UK13.46%
4France10.48%
5Germany6.43%
6USA4.45%
7Ireland4.12%
8Brazil3.94%
9Netherlands3.7%
Industry sector
1Fixed Interest80.27%
2Money Market17.83%
3Others1.84%
4Equities0.06%
Asset type
1Money Market17.83%
2Italian Fixed Interest14.01%
3UK Fixed Interest13.46%
4French Fixed Interest10.48%
5German Fixed Interest6.43%
6US Fixed Interest4.45%
7Irish Fixed Interest4.12%
8Brazilian Fixed Interest3.94%
9Dutch Fixed Interest3.7%
Individual holdings
1FIAT CHRYSLER FINANCE EUROPE 6.75% BDS 14/10/19 EUR10002.04%
2UNICREDIT SPA 5.75 NTS 28/10/25 EUR10001.02%
3EDF 5.625% UNDATED NTS USD100000 REG S0.88%
4WIND ACQUISITION FINANCE SA 7% NTS 23/04/21 EUR10000.86%
5TELENET FINANCE LUXEMBOURG 4.875% BDS 15/07/27 EUR2000 REG S0.83%
6ENEL SPA 8.75% BDS 24/09/73 USD10000.8%
7INTESA SANPAOLO SPA 6.625% NTS 13/09/23 EUR10000.79%
8PETROBRAS GLOBAL FINANCE BV 3.75% BDS 14/01/21 EUR10000.78%
9UNICREDIT SPA 6.950 OCT 31 22 REG0.74%
Management
Fund manager group
Pioneer Asset Management
Fund manager company
Pioneer Investments
Fund type
No data available.
Fund objective
This Sub-Fund seeks to increase the value of your investment and to provide income over the medium to long term. The Sub-Fund invests mainly in below-investment grade bonds from anywhere in the world, including emerging markets. The Sub-Fund may also invest in money market securities, and may invest up to 20% of its assets in convertible securities and, on an ancillary basis, equities. The Sub-Fund’s investments will mainly be denominated in euro. For temporary defensive purposes, the Sub-Fund may invest up to 49% of its assets in cash or in bonds from EU states whose national currency is the euro. The Sub-Fund may use derivatives to reduce various risks, for efficient portfolio management and as a way to gain exposure to various assets, markets or income streams.
Benchmark
  • BofA ML European High Yield Constrained
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Colm D'Rosario01/08/2013Colm D'Rosario is a Senior Portfolio Manager in the Emerging Market & High Yield Debt team at Pioneer Investments. Colm was recently appointed Lead Portfolio Manager for our Emerging Market High Yield and Euro High Yield investment strategies. Colm has been a member of the team since 2007 and was previously a Co-Portfolio Manager on our High Yield investment strategies. He has over 9 years of investment experience. Before joining Pioneer Investments, Colm worked as a Credit Analyst with WGZ Bank (2004-2007), where he was primarily responsible for the research and analysis of Asset-Backed Securities and Banks. Colm has an MA in Economics and Finance, an MSc in Mathematics and a BA in Double Mathematics/Economics. He was awarded the Financial Risk Manager (FRM®) designation by the Global Association of Risk Professionals (GARP) in April 2007.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Bulgaria, Switzerland, Czech Republic, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Hungary, Ireland, Italy, Republic Of Korea, Luxembourg, Netherlands, Offshore, Portugal, Romania, Singapore, Slovakia, Sweden
Pioneer Funds - Euro High Yield A Distributing Annually EUR
Initial charge4%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.57%
Bid price-
Offer price-
Mid price66.72
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCHV6
Pioneer Funds - Euro High Yield A Hedged Distributing USD
Initial charge4%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price70.32
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF5LW
Pioneer Funds - Euro High Yield A Hedged Non Distributing CHF
Initial charge4%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price52.5
CurrencyCHF
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFX0F
Pioneer Funds - Euro High Yield A Hedged Non Distributing SEK
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1072.73
Offer price1072.73
Mid price-
CurrencySEK
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE0GB
Pioneer Funds - Euro High Yield A Hedged Non Distributing USD
Initial charge4%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price79.96
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3XK
Pioneer Funds - Euro High Yield A KRW hedged Non Distributing EUR
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price55.28
CurrencyEUR
Price updated07/12/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNAO
Pioneer Funds - Euro High Yield A Non Distributing EUR
Initial charge4%
Annual charge1.2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price98.15
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE882
Pioneer Funds - Euro High Yield C Non Distributing EUR
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price69.26
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLUD4
Pioneer Funds - Euro High Yield E Distributing Quarterly EUR
Initial charge2.5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price6.184
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0N03
Pioneer Funds - Euro High Yield E Non Distributing EUR
Initial charge2.5%
Annual charge1.2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.583
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE881
Pioneer Funds - Euro High Yield F Distributing Quarterly EUR
Initial charge-
Annual charge1.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price5.599
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0YZZ
Pioneer Funds - Euro High Yield F Non Distributing EUR
Initial charge-
Annual charge1.8%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.45
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE880
Pioneer Funds - Euro High Yield H Distributing Quarterly EUR
Initial charge2%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price990.16
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFMYZ
Pioneer Funds - Euro High Yield H Non Distributing EUR
Initial charge2%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2029.67
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCHV7
Pioneer Funds - Euro High Yield I Distributing Quarterly Target EUR
Initial charge-
Annual charge0.5%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1038.59
Offer price1038.59
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE7SK
Pioneer Funds - Euro High Yield I Hedged Non Distributing CHF
Initial charge-
Annual charge0.5%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1098.62
Offer price1098.62
Mid price-
CurrencyCHF
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEADU
Pioneer Funds - Euro High Yield I Hedged Non Distributing USD
Initial charge-
Annual charge0.5%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1044.92
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8TA
Pioneer Funds - Euro High Yield I Non Distributing EUR
Initial charge-
Annual charge0.5%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1888.34
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHZB2
Pioneer Funds - Euro High Yield N Distributing Annually EUR
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price51.18
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFO1U
Pioneer Funds - Euro High Yield N Distributing Annually USD
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price57.42
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFO1V
Pioneer Funds - Euro High Yield N Hedged Distributing USD
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price49.94
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFUYD
Pioneer Funds - Euro High Yield N Non Distributing EUR
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price54.66
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJFJ
Pioneer Funds - Euro High Yield N Non Distributing GBP
Initial charge-
Annual charge0.6%
Min single investment£30,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price73.67
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF1XI
Data provided by

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