Fact sheet: Pioneer FlxOpprt

Fund information
Fund name
Pioneer Flexible Opportunities N Non Distributing GBP
Fund manager company
Pioneer Investments
Fund type
No data available.
Fund manager
  • Michele Garausince 16/11/2011
Fund objective
This Sub-Fund seeks to increase the value of your investment and to provide income more than the rate of U.S. inflation over the medium to long term. The Sub-Fund mainly invests in a broad range of securities from around the world, including emerging markets. The mix of securities can include equities, government and corporate bonds, money market securities and investments whose values are linked to commodity prices. The Sub-Fund flexibly manages its exposure to different currencies. The Sub-Fund may use derivatives to reduce various risks, for efficient portfolio management or as a way to gain exposure to various assets, markets or income streams. In particular, the Sub-Fund will hold positions in any currency and will use derivatives to manage that exposure
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
Mixed
Quick stats
1 Year return
24.5%
1 Year rank in sector
6/75
Sector
FO Mixed Asset - Aggressive
Yield
-
Fund size
£59m (£77m 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.
90
Top in this sector
Fund name1 Year
AIM MA30.8%
CMI Global Mixed30.3%
Capital Group GAlcL30%
Capital Group GAIGrL29.3%
HSBC Pfl Wld Seltn 527.6%
...more in FO Mixed Asset - Aggressive

Performance snapshot

Holdings snapshot

  • USA49.8%
    China11.2%
    Russia6.8%
    Japan5.4%
    Indonesia5.1%
  • Others26.9%
    Financial Services19.8%
    Health Care13.9%
    Industrials13.4%
    Consumer Goods11.5%
  • International Equities62.5%
    Global Fixed Interest29.6%
    Property Shares3.6%
    Cash & Cash Equivalents3.2%
    Others0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%16.3%14.4%24.5%38.4%-
Sector-0.1%5.4%6.4%7.2%12.5%38.7%
Rank within sector5 / 824 / 826 / 806 / 75--
Quartile1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund19.9%4.2%8.5%5.9%10.7%
Sector5.2%0%4.6%11.4%9.7%
Rank within sector5 / 7812 / 73---
Quartile1st1st
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.
8.32
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.
0.67
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.
0.9
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%.
9.23
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.
8.06
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.
0.77
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.
0.32
Price movement
52 week high52.95
52 week low40.84
Current bid price-
Current offer price-
Current mid price52.79
Region
1USA49.79%
2China11.19%
3Russia6.84%
4Japan5.36%
5Indonesia5.07%
6France4.25%
7Hong Kong3.85%
8Singapore3.23%
9Money Market3.12%
Industry sector
1Others26.88%
2Financial Services19.84%
3Health Care13.89%
4Industrials13.45%
5Consumer Goods11.49%
6Information Technology7.28%
7Energy3.4%
8Basic Industries1.49%
9Utilities1.27%
Asset type
1International Equities62.5%
2Global Fixed Interest29.6%
3Property Shares3.6%
4Cash & Cash Equivalents3.2%
5Others0.7%
6Exchange Traded Funds (ETF)0.2%
7Money Market0.2%
Individual holdings
1UNITED STATES OF AMER TREAS BILLS 0% BDS 22/09/16 USD10004.69%
2UNITED STATES OF AMER TREAS BILLS 0% TB 01/09/16 USD10004.24%
3SSGA SPDR S&P US DIVIDEND ARISTOCRATS UCITS ETF GBP3.34%
4RUSSIAN FEDERATION MINISTRY FINANCE 3.5% BDS 16/01/19 USD200000 144 A3.12%
5UNITED STATES OF AMER TREAS BILLS 0% BDS 15/09/16 USD10003.03%
6INDONESIA(REPUBLIC OF) 5.875% BDS 15/01/24 USD2000002.67%
7UNITED STATES OF AMER TREAS BILLS 0% BDS 08/09/16 USD1001.69%
8SSGA SPDR ETFS EUROPE I PLC1.29%
9EDWARDS LIFESCIENCES CORP1.19%
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 more than the rate of U.S. inflation over the medium to long term. The Sub-Fund mainly invests in a broad range of securities from around the world, including emerging markets. The mix of securities can include equities, government and corporate bonds, money market securities and investments whose values are linked to commodity prices. The Sub-Fund flexibly manages its exposure to different currencies. The Sub-Fund may use derivatives to reduce various risks, for efficient portfolio management or as a way to gain exposure to various assets, markets or income streams. In particular, the Sub-Fund will hold positions in any currency and will use derivatives to manage that exposure
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
Mixed
Fund manager
NameSinceBiography
Michele Garau16/11/2011Prior to this role, Michele managed global flexible portfolios for European investors, and was Head of the Balanced Portfolios team at Pioneer Investment Management Limited. He has actively managed a range of multi-sector investment portfolios since 1987. Michele joined the firm from Antonveneta ABN AMRO Bank where his most recent position was Chief Investment Officer. He began his career as a Financial Analyst with Barclays in 1982 and has a degree in Economics from Cagliari University, Sardinia.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Czech Republic, Germany, Spain, France, United Kingdom, Hungary, Italy, Luxembourg, Netherlands, Offshore, Portugal, Romania, Slovakia, Sweden
Pioneer Flexible Opportunities A Hedged Non Distributing CZK
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1382.12
CurrencyCZK
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF9KB
Pioneer Flexible Opportunities A Hedged Non Distributing EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price62.23
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0M74
Pioneer Flexible Opportunities A Non Distributing EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price75.55
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0MKA
Pioneer Flexible Opportunities A Non Distributing USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price84.92
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0LFK
Pioneer Flexible Opportunities C Hedged Non Distributing EUR
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price59.48
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0M75
Pioneer Flexible Opportunities C Non Distributing USD
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price80.15
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0N09
Pioneer Flexible Opportunities D Distributing USD
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price71.94
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFBCZ
Pioneer Flexible Opportunities E Non Distributing EUR
Initial charge4%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price5.159
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9MH
Pioneer Flexible Opportunities F Non Distributing EUR
Initial charge-
Annual charge2.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price5.143
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9MI
Pioneer Flexible Opportunities H Non Distributing EUR
Initial charge2%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1596.31
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0LFO
Pioneer Flexible Opportunities I Non Distributing EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1578.43
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0LFM
Pioneer Flexible Opportunities I Non Distributing USD
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1774.31
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0LFN
Pioneer Flexible Opportunities N Non Distributing EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price61.51
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOBC
Pioneer Flexible Opportunities N Non Distributing GBP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price52.79
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOBD
Pioneer Flexible Opportunities N Non Distributing USD
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price69.14
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOBE
Data provided by

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