Fact sheet: Pioneer SICV-Euro Agg Bd

Fund information
Fund name
Pioneer SICAV - Euro Aggregate Bond N Hedged Distributing Annually GBP
Fund manager company
Pioneer Investments
Fund type
Offshore Fund
Fund managers
  • Cosimo Marasciulosince 16/08/2012
  • Tanguy Le Saoutsince 16/08/2012
Fund objective
Seeks to increase the value of your investment and to provide income over the medium to long term. This Sub-Fund is a feeder UCITS which allocates 100% of its assets into Pioneer Funds - Euro Aggregate Bond (the "Master Sub-Fund"). The Master Sub-Fund invests mainly in euro denominated investment grade European bonds from a broad range of issuers, including governments, corporations and supranational entities. The Master Sub-Fund does not invest in equities or convertible securities.The Master 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 Master Sub-Fund will invest in short and medium-term interest rate swaps.
Benchmark
  • BarCap Euro Aggregate Index
Investment style
Active
Investment method
Fixed Interest, Feeder fund
Quick stats
1 Year return
6.2%
1 Year rank in sector
-
Sector
FO Fixed Int - Europe
Yield
-
Fund size
£2,641m
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.
20
Top in this sector
Fund name1 Year
Robeco Eurpn Hi Yld Bds10%
Fidelity Inst Eur Hi Yld10%
T. Rowe Price EurHiYdBd9.4%
Morg Stnly Erpn Cur HiYd Bd9.2%
F&C European High Yield Bond9.1%
...more in FO Fixed Int - Europe

Performance snapshot

Holdings snapshot

  • France18.8%
    Italy17.8%
    Spain13.4%
    Netherlands7.6%
    Others7.5%
  • Fixed Interest96%
    Money Market3.4%
    Others0.6%
  • French Fixed Interest18.8%
    Italian Fixed Interest17.8%
    Spanish Fixed Interest13.4%
    Global Fixed Interest10.2%
    Dutch Fixed Interest7.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%1.9%4%6.2%17.5%34.7%
Sector0.1%2.8%3.6%5.3%13.4%30.7%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund5.9%-0.2%9.9%3.2%11.6%
Sector4.6%1.1%5.2%4.2%11.7%
Rank within sector-----
Quartile
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.
2.6
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.
0.68
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.
0.7
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%.
3.16
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.
2.71
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.
0.41
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 high56.04
52 week low53.13
Current bid price56.01
Current offer price56.01
Current mid price-
Region
1France18.78%
2Italy17.78%
3Spain13.38%
4Netherlands7.62%
5Others7.49%
6Germany7.39%
7Belgium5.2%
8Austria3.65%
9Money Market3.35%
Industry sector
1Fixed Interest96%
2Money Market3.35%
3Others0.65%
Asset type
1French Fixed Interest18.78%
2Italian Fixed Interest17.78%
3Spanish Fixed Interest13.38%
4Global Fixed Interest10.23%
5Dutch Fixed Interest7.62%
6German Fixed Interest7.39%
7Belgian Fixed Interest5.2%
8Austrian Fixed Interest3.65%
9UK Fixed Interest3.41%
Individual holdings
1ITALY(REPUBLIC OF) 4.5% TB 01/03/19 EUR10005.24%
2ITALY(REPUBLIC OF) 2% BDS 01/12/25 EUR10003.18%
3FRANCE(GOVT OF) 2.5% BDS 25/10/20 EUR12.36%
4ITALY(REPUBLIC OF) 1.35% BDS 15/04/22 EUR10001.91%
5ITALY(REPUBLIC OF) 5.25% BDS 1/11/2029 EUR0.011.91%
6ITALY(REPUBLIC OF) 5% BDS 01/09/40 EUR60000001.84%
7SPAIN(KINGDOM OF) 4.8% BDS 31/01/24 EUR10001.82%
8FRANCE(GOVT OF) 4.25% OAT 25/4/19 EUR11.79%
9SPAIN(KINGDOM OF) 6% BDS 31/1/2029 EUR0.011.76%
Management
Fund manager group
Pioneer Asset Management
Fund manager company
Pioneer Investments
Fund type
Offshore Fund
Fund objective
Seeks to increase the value of your investment and to provide income over the medium to long term. This Sub-Fund is a feeder UCITS which allocates 100% of its assets into Pioneer Funds - Euro Aggregate Bond (the "Master Sub-Fund"). The Master Sub-Fund invests mainly in euro denominated investment grade European bonds from a broad range of issuers, including governments, corporations and supranational entities. The Master Sub-Fund does not invest in equities or convertible securities.The Master 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 Master Sub-Fund will invest in short and medium-term interest rate swaps.
Benchmark
  • BarCap Euro Aggregate Index
Investment style
Active
Investment method
Fixed Interest, Feeder fund
Fund managers
NameSinceBiography
Cosimo Marasciulo16/08/2012Cosimo is Head of European Government Bonds and has been specialising in Fixed Income products since joining the firm in 2000. He is a Business Engineering graduate of Milan Polytechnic College and has completed post-graduate studies in Fixed Income Portfolio Management at Bocconi University.
Tanguy Le Saout16/08/2012Tanguy is Head of European Fixed Income, where he oversees all European Fixed Income portfolio management as well as European credit research. Tanguy is an Engineering graduate in Applied Mathematics from INSA Rouen France and he also has a Masters degree in Finance from ESSEC Paris, France.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore
Pioneer SICAV - Euro Aggregate Bond A Hedged Non Distributing USD
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.94%
Bid price56.33
Offer price58.02
Mid price-
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFIQV
Pioneer SICAV - Euro Aggregate Bond A Non Distributing EUR
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.84%
Bid price61.58
Offer price63.43
Mid price-
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF1WM
Pioneer SICAV - Euro Aggregate Bond E Non Distributing EUR
Initial charge1.75%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.88%
Bid price5.513
Offer price5.678
Mid price-
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJOO
Pioneer SICAV - Euro Aggregate Bond H Non Distributing EUR
Initial charge2%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.64%
Bid price1151.14
Offer price1151.14
Mid price-
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDSF
Pioneer SICAV - Euro Aggregate Bond I Hedged Distributing Annually GBP
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.54%
Total expense ratio (TER)0.48%
Bid price1146.03
Offer price1146.03
Mid price-
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDSD
Pioneer SICAV - Euro Aggregate Bond I Hedged Non Distributing USD
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.54%
Total expense ratio (TER)0.5%
Bid price1155.25
Offer price1155.25
Mid price-
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDSE
Pioneer SICAV - Euro Aggregate Bond I Non Distributing EUR
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.44%
Total expense ratio (TER)0.38%
Bid price1164.62
Offer price1164.62
Mid price-
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDID
Pioneer SICAV - Euro Aggregate Bond J Hedged Distributing Annually GBP
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.49%
Bid price1065.3
Offer price1065.3
Mid price-
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFPPM
Pioneer SICAV - Euro Aggregate Bond J Hedged Non Distributing USD
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.49%
Bid price1073.2
Offer price1073.2
Mid price-
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPPK
Pioneer SICAV - Euro Aggregate Bond J Non Distributing EUR
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.38%
Bid price1122.1
Offer price1122.1
Mid price-
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJER
Pioneer SICAV - Euro Aggregate Bond N Distributing Annually EUR
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price52.22
Offer price52.22
Mid price-
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFWHN
Pioneer SICAV - Euro Aggregate Bond N Hedged Distributing Annually GBP
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.77%
Bid price56.01
Offer price56.01
Mid price-
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFIQX
Pioneer SICAV - Euro Aggregate Bond N Hedged Distributing Annually USD
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.77%
Bid price55.68
Offer price55.68
Mid price-
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFIQW
Pioneer SICAV - Euro Aggregate Bond N Hedged Non Distributing USD
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price52.92
Offer price54.51
Mid price-
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFW2Q
Pioneer SICAV - Euro Aggregate Bond N Non Distributing EUR
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price52.45
Offer price54.02
Mid price-
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFW1J
Pioneer SICAV - Euro Aggregate Bond N Non Distributing GBP
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)0.66%
Bid price68.09
Offer price68.09
Mid price-
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF1WN
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.