Fact sheet: Pioneer SICV-Emg Mkt Bd

Fund information
Fund name
Pioneer SICAV - Emerging Markets Bond N Non Distributing GBP
Fund manager company
Pioneer Investments
Fund type
Offshore Fund
Fund managers
  • Yerlan Syzdykovsince 18/07/2013
Fund objective
Seeks to provide income and to increase the value of your investment over the medium to long-term. This Sub-Fund is a feeder UCITS which allocates 100% of its assets into Pioneer Funds - Emerging Markets Bond (the "Master Sub-Fund"). The Master Sub-Fund invests mainly in corporate bonds from emerging markets that are denominated in U.S. dollars or other OECD currencies. The Master Sub-Fund may also invest up to 25% of its assets in bonds with attached warrants as well as up to 5% in equities. The overall currency exposure to emerging markets may not exceed 25% of the Master Sub- Fund’s assets. The Master 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
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
25.6%
1 Year rank in sector
5/218
Sector
FO Fixed Int - Emerging Markets
Yield
-
Fund size
£3,495m (£2,532m last year)
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$44.8%
Pictet Lat Am Lcl Cur Dt35%
Ashmore EMHghYldCrDb30.7%
Gramercy Allct Emg Mket Debt27%
Capital Group EMLDtL26.9%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Brazil7.9%
    Russia7.8%
    Argentina6.9%
    Mexico6.4%
    Turkey6%
  • Fixed Interest95.8%
    Money Market3.9%
    Equities0.4%
  • American Emerging Fixed Interest18.6%
    African Fixed Interest10.6%
    Brazilian Fixed Interest7.9%
    Russian Fixed Interest7.8%
    Middle East & African Fixed Interest6.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%1.1%5.8%25.6%53.9%68.5%
Sector0.8%4.5%1.5%10.2%4.3%6%
Rank within sector226 / 234220 / 23316 / 2265 / 2181 / 1761 / 103
Quartile4th4th1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund2%31.9%7.2%8.5%-0.7%
Sector4.3%10.2%-7.3%-0.6%-7%
Rank within sector208 / 2333 / 2177 / 20111 / 1699 / 124
Quartile4th1st1st1st1st
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.
15.68
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.
0.56
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.
1.38
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%.
9.39
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.
8.93
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.
1.63
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.
0.2
Price movement
52 week high83.67
52 week low63.59
Current bid price81.22
Current offer price81.22
Current mid price-
Region
1Brazil7.88%
2Russia7.8%
3Argentina6.87%
4Mexico6.43%
5Turkey5.99%
6USA4.46%
7China4.27%
8Money Market3.87%
9Ukraine3.78%
Industry sector
1Fixed Interest95.83%
2Money Market3.87%
3Equities0.44%
Asset type
1American Emerging Fixed Interest18.6%
2African Fixed Interest10.62%
3Brazilian Fixed Interest7.88%
4Russian Fixed Interest7.8%
5Middle East & African Fixed Interest6.79%
6Mexican Fixed Interest6.43%
7European Emerging Fixed Interest4.98%
8US Fixed Interest4.46%
9Chinese Fixed Interest4.27%
Individual holdings
1UNITED STATES OF AMER TREAS BONDS 4.5% BDS 15/02/36 USD10001.97%
2PETROLEOS DE VENEZUELA 5.375% BDS 12/04/27 USD4001.3%
3UNITED STATES OF AMER TREAS NOTES 2.25% BDS 15/11/25 USD1001.06%
4PETROBRAS GLOBAL FINANCE BV 8.75% BDS 23/05/26 USD20001.04%
5PETROLEOS DE VENEZUELA 8.5% BDS 14/10/20 USD1500000.98%
6TURKEY(REPUBLIC OF) 5.75% BDS 22/03/24 USD2000000.98%
7UNITED STATES OF AMER TREAS BONDS 2.875% BDS 15/11/45 USD1000.93%
8METINVEST BV 8.75% GTD 14/02/18 USD200000 REG S0.9%
9PEMEX PROJECT FUNDING MASTER TRUST 6.625% BDS 15/06/35 USD10000.87%
Management
Fund manager group
Pioneer Asset Management
Fund manager company
Pioneer Investments
Fund type
Offshore Fund
Fund objective
Seeks to provide income and to increase the value of your investment over the medium to long-term. This Sub-Fund is a feeder UCITS which allocates 100% of its assets into Pioneer Funds - Emerging Markets Bond (the "Master Sub-Fund"). The Master Sub-Fund invests mainly in corporate bonds from emerging markets that are denominated in U.S. dollars or other OECD currencies. The Master Sub-Fund may also invest up to 25% of its assets in bonds with attached warrants as well as up to 5% in equities. The overall currency exposure to emerging markets may not exceed 25% of the Master Sub- Fund’s assets. The Master 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
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Yerlan Syzdykov18/07/2013Yerlan Syzdykov is Head of Emerging Markets - Bond & High Yield at Pioneer Investments. In this role, he has overall performance responsibility for investment strategies managed by our team of Emerging Markets and High Yield Portfolio Managers. Yerlan is Lead Portfolio Manager for our Aggregate Emerging Market Debt strategies, including Pioneer Funds – Emerging Markets Bond. Yerlan has been involved in the managing of our Emerging Market Debt strategies since 2000 and has played a key role in evolving our investment capability in this area over the last 13 years. Yerlan has worked on emerging markets throughout his career. He joined Pioneer Investments in 2000 from Bancroft in Paris where he had been working as an Investment Analyst. Before this, he was employed by various companies in London and Paris within the emerging markets area. Yerlan started his career as an Equity Analyst with Renaissance Capital in Moscow upon completion of his MBA in 1997.
Compliance
IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Belgium, United Kingdom, Luxembourg, Offshore
Pioneer SICAV - Emerging Markets Bond A 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 price71.02
Offer price71.02
Mid price-
CurrencyEUR
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF1WK
Pioneer SICAV - Emerging Markets Bond E Distributing Anually USD
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 price5.316
Offer price5.316
Mid price-
CurrencyUSD
Price updated27/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFPPV
Pioneer SICAV - Emerging Markets Bond E Non Distributing USD
Initial charge2.5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.47%
Bid price6.031
Offer price6.031
Mid price-
CurrencyUSD
Price updated27/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF9GC
Pioneer SICAV - Emerging Markets Bond I Hedged Quarterly Distributing GBP
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 price1035.56
Offer price1035.56
Mid price-
CurrencyGBP
Price updated27/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE9IQ
Pioneer SICAV - Emerging Markets Bond I 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 price1176.55
Offer price1176.55
Mid price-
CurrencyUSD
Price updated27/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQKQ
Pioneer SICAV - Emerging Markets Bond N Non Distributing GBP
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)0.82%
Bid price81.22
Offer price81.22
Mid price-
CurrencyGBP
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF1WL
Data provided by

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