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
8.4%
1 Year rank in sector
10/27
Sector
FO Fixed Int - EUR High Yield
Yield
-
Fund size
£1,566m (£1,855m 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.
70
Top in this sector
Fund name1 Year
Pioneer SICV-Eur Hi Yd22.7%
Aberdeen Gbl SelEurHiYdBd21.9%
Nordea 1 Europ HgYdBd II13.1%
Deutsche Inv I EurHiYdCorp10.6%
JI High Yield Corporate Bonds CL10.5%
...more in FO Fixed Int - EUR High Yield

Performance snapshot

Holdings snapshot

  • Italy14.2%
    Money Market13.5%
    UK13.1%
    France12.3%
    Germany8.2%
  • Fixed Interest83.2%
    Money Market13.5%
    Others3.3%
    Equities0%
  • Italian Fixed Interest14.2%
    UK Fixed Interest14%
    Money Market13.5%
    French Fixed Interest12.3%
    German Fixed Interest8.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%1.3%4.4%8.4%12.6%42.4%
Sector1.1%1.9%5.1%8.6%11.6%42.5%
Rank within sector22 / 2724 / 2722 / 2710 / 27--
Quartile4th4th4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.5%8.6%2.7%--
Sector3.1%8%0.8%3.2%8.3%
Rank within sector23 / 277 / 275 / 27--
Quartile4th2nd1st
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.
-0.01
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.
1.12
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.
0.11
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%.
5.01
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.
1.59
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.
0.26
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 high52.48
52 week low48.81
Current bid price-
Current offer price-
Current mid price51.37
Region
1Italy14.16%
2Money Market13.51%
3UK13.13%
4France12.27%
5Germany8.15%
6USA6.55%
7Netherlands4.82%
8Luxembourg4.17%
9Spain3.63%
Industry sector
1Fixed Interest83.2%
2Money Market13.51%
3Others3.28%
4Equities0.01%
Asset type
1Italian Fixed Interest14.16%
2UK Fixed Interest13.98%
3Money Market13.51%
4French Fixed Interest12.27%
5German Fixed Interest8.15%
6US Fixed Interest6.55%
7Dutch Fixed Interest4.82%
8Luxembourg Fixed Interest4.17%
9Spanish Fixed Interest3.63%
Individual holdings
1FIAT CHRYSLER FINANCE EUROPE 6.75% BDS 14/10/19 EUR10001.74%
2INTESA SANPAOLO SPA 6.625% NTS 13/09/23 EUR10001.04%
3UNICREDIT SPA 6.950 OCT 31 22 REG0.94%
4FAURECIA 3.625% BDS 15/06/23 EUR100000.9%
5WIND ACQUISITION FINANCE SA 7% NTS 23/04/21 EUR10000.87%
6ENEL SPA 8.75% BDS 24/09/73 USD10000.83%
7ALTICE SA 7.25% BDS 15/05/22 EUR100000REG S0.79%
8CASINO GUICHARD-PERRACHON 3.248% MTN 07/03/24 EUR1000000.75%
9UNICREDIT SPA 5.75 NTS 28/10/25 EUR10000.71%
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, Chile, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Hungary, Ireland, Italy, Republic Of Korea, Luxembourg, Netherlands, Norway, Offshore, Peru, 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 price67.12
CurrencyEUR
Price updated24/05/2017
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 price72.48
CurrencyUSD
Price updated24/05/2017
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 price54.28
CurrencyCHF
Price updated24/05/2017
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 price1111.95
Offer price1111.95
Mid price-
CurrencySEK
Price updated24/05/2017
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 price83.83
CurrencyUSD
Price updated24/05/2017
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 price101.82
CurrencyEUR
Price updated24/05/2017
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 price71.45
CurrencyEUR
Price updated24/05/2017
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 price6.277
CurrencyEUR
Price updated24/05/2017
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 price10.988
CurrencyEUR
Price updated24/05/2017
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 price5.686
CurrencyEUR
Price updated24/05/2017
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 price9.773
CurrencyEUR
Price updated24/05/2017
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 price1003.79
CurrencyEUR
Price updated24/05/2017
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 price2115.36
CurrencyEUR
Price updated24/05/2017
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 price1052.31
Offer price1052.31
Mid price-
CurrencyEUR
Price updated24/05/2017
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 price1141.82
Offer price1141.82
Mid price-
CurrencyCHF
Price updated24/05/2017
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 price1101.49
CurrencyUSD
Price updated24/05/2017
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 price1971.34
CurrencyEUR
Price updated24/05/2017
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£30,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price51.37
CurrencyEUR
Price updated24/05/2017
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£30,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price57.45
CurrencyUSD
Price updated24/05/2017
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 price50.13
CurrencyUSD
Price updated12/12/2016
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£30,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price56.99
CurrencyEUR
Price updated24/05/2017
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 price76.62
CurrencyGBP
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF1XI
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