Fact sheet: Pioneer MStr Gth

Fund information
Fund name
Pioneer Multi-Strategy Growth A Non Distributing EUR
Fund manager company
Pioneer Investments
Fund type
No data available.
Fund manager
  • Davide Cataldosince 07/07/2008
Fund objective
This Sub-Fund Seeks to achieve a positive return in all types of market conditions. The Sub-Fund invests, directly or indirectly, in a broad range of securities from around the world, including emerging markets. These investments may include government and corporate bonds of any maturity, equities, convertible bonds and money market securities. The Sub-Fund may invest up to 100% of its assets in equities and up to 25% in convertible bonds. The Sub-Fund’s investments will mainly be denominated in euro, other European currencies, U.S. dollars or Japanese yen. The Sub- Fund may use derivatives to reduce various risks, for efficient portfolio management and as a way to gain exposure (either long or short) to various assets, markets or income streams. This may generate a high level of leverage. In particular, the Sub-Fund will invest in short and medium-term interest rate swaps
Benchmark
  • EONIA
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
5.8%
1 Year rank in sector
21/135
Sector
FO Hedge/Stru Prod - Mixed
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.73%
Fund size
£429m (£220m 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.
74
Top in this sector
Fund name1 Year
H2O MultiStrategies26.9%
Castellain Value24.1%
GLG Mkt Neutral23.2%
Garraway Fn Trds21.9%
LFIS VisionPremiaOpps16.5%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

  • USA28.8%
    Others18.8%
    Japan12.3%
    Italy7.2%
    Money Market5.9%
  • Financial Services12.8%
    Industrials6.9%
    Basic Industries5.4%
    Energy4.7%
    Information Technology4.3%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%0%1.8%5.8%11.5%28.4%
Sector0.1%0.8%0.7%1%3.8%6.7%
Rank within sector68 / 15090 / 15453 / 14421 / 13525 / 8914 / 71
Quartile2nd3rd2nd1st2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund0.7%4%4.3%7.6%5.2%
Sector0.8%-0.5%-0.6%5.1%1.4%
Rank within sector82 / 15327 / 12620 / 10326 / 8534 / 74
Quartile3rd1st1st2nd2nd
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.
2.44
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.
1.16
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.
0.08
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%.
4.2
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.
3.42
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.
0.75
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.
0.34
Price movement
52 week high67.14
52 week low62.37
Current bid price-
Current offer price-
Current mid price66.05
Region
1USA28.82%
2Others18.81%
3Japan12.34%
4Italy7.16%
5Money Market5.93%
6Netherlands4.44%
7Argentina3.77%
8China3.27%
9Eurozone2.76%
Industry sector
1Financial Services12.77%
2Industrials6.9%
3Basic Industries5.42%
4Energy4.67%
5Information Technology4.32%
6Consumer Durables3.52%
7Real Estate2.29%
8Health Care0.6%
9Telecommunications Utilities-0.56%
Asset type
No data available.
Individual holdings
1ETFS METAL SECURITIES LTD ETFS PHYSICAL GOLD1.47%
2ITALY(REPUBLIC OF) VAR MTG BDS 20/04/23 EUR10001.23%
3ETFS WTI CRUDE OIL USD1.04%
4ETFS WTI CRUDE OIL USD1.04%
5AUSTRALIAN GOVT LOANS(CMNWLTH OF) 3% LN STK 20/09/25 AUD1000.89%
6ISHARES TRUST US AEROSPACE & DEFENSE ETF0.87%
7ITALY(REPUBLIC OF) 2.8% BDS 01/03/67 EUR10000.82%
8ISHARES TRUST MSCI CHINA ETF0.74%
9ISHARES MSCI KOREA UCITS ETF INC GBP0.72%
Management
Fund manager group
Pioneer Asset Management
Fund manager company
Pioneer Investments
Fund type
No data available.
Fund objective
This Sub-Fund Seeks to achieve a positive return in all types of market conditions. The Sub-Fund invests, directly or indirectly, in a broad range of securities from around the world, including emerging markets. These investments may include government and corporate bonds of any maturity, equities, convertible bonds and money market securities. The Sub-Fund may invest up to 100% of its assets in equities and up to 25% in convertible bonds. The Sub-Fund’s investments will mainly be denominated in euro, other European currencies, U.S. dollars or Japanese yen. The Sub- Fund may use derivatives to reduce various risks, for efficient portfolio management and as a way to gain exposure (either long or short) to various assets, markets or income streams. This may generate a high level of leverage. In particular, the Sub-Fund will invest in short and medium-term interest rate swaps
Benchmark
  • EONIA
Investment style
Multi Strategy
Investment method
Mixed
Fund manager
NameSinceBiography
Davide Cataldo07/07/2008Davide Cataldo is Head of Portfolio Management Italy. He was appointed to this role in April 2002 and reports to the CIO for Europe, New Europe and Asia. Since July 2007, Davide has been Head of Absolute Return, leveraging off the expertise of our centres in Milan, Dublin, Vienna and Munich. Davide is responsible for all investment activities in Milan, including direct management of mutual funds and segregated portfolios. He is also responsible for controlling investment activities delegated to other companies. Prior to this Davide was Head of Fixed Income from July 2001. He progressed to this position from his role as co-ordinator of the Government Bond team. As Head of Fixed Income, Davide oversaw the Government and Credit Risk bond teams of Analysts and Portfolio Managers. He worked as a broker with Profilo Bank before he began working as a European Bond Portfolio Manager for Gesticredit, the asset management arm of Credito Italiano (now Pioneer Investments) in 1994. Davide graduated in Economics from Bocconi University in Milan in 1992 and he has spent the majority of his career analysing and ranking bonds.
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, Denmark, Spain, France, United Kingdom, Hungary, Ireland, Italy, Luxembourg, Netherlands, Offshore, Portugal, Singapore, Slovakia
Pioneer Multi-Strategy Growth A Distributing Annually EUR
Initial charge5%
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price47.49
CurrencyEUR
Price updated25/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE5F4
Pioneer Multi-Strategy Growth A Hedged Non Distributing USD
Initial charge5%
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price51.95
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWID
Pioneer Multi-Strategy Growth A Non Distributing EUR
Initial charge5%
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.73%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price66.05
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDHD0
Pioneer Multi-Strategy Growth C Hedged Non Distributing USD
Initial charge-
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price51.07
Offer price51.07
Mid price-
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWIE
Pioneer Multi-Strategy Growth E Non Distributing EUR
Initial charge2.5%
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price6.674
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDHC7
Pioneer Multi-Strategy Growth H Distributing Annually EUR
Initial charge2%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1314.91
CurrencyEUR
Price updated25/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE5F5
Pioneer Multi-Strategy Growth 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)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1468.48
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDHC8
Pioneer Multi-Strategy Growth I Distributing Annually EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1354.62
CurrencyEUR
Price updated25/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE5F6
Pioneer Multi-Strategy Growth 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)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1434.32
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDHC9
Pioneer Multi-Strategy Growth I Non Distributing Hedged USD
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1035.85
Offer price1035.85
Mid price-
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC1TN
Pioneer Multi-Strategy Growth I2 Non Distributing EUR
Initial charge-
Annual charge1.1%
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 price1035.99
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC50S
Pioneer Multi-Strategy Growth P Non Distributing USD
Initial charge-
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price50.05
CurrencyUSD
Price updated18/04/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7YZ
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