Fact sheet: Pioneer SICV-Euro Agg Bd

Fund information
Fund name
Pioneer SICAV - Euro Aggregate Bond A Non Distributing EUR
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
-1%
1 Year rank in sector
38/38
Sector
FO Fixed Int - EUR Investment Grade
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.
24
Top in this sector
Fund name1 Year
GAM Euro Special Bond11.5%
Capital Group EBdL9.9%
Russell IC II Euro FI8.8%
Pimco GIS Euro Income Bond7.2%
AXA WF € Cr Tot Rtn4.6%
...more in FO Fixed Int - EUR Investment Grade

Performance snapshot

Holdings snapshot

  • Italy16.4%
    France15.8%
    Spain14%
    Others10.4%
    Netherlands6.2%
  • Fixed Interest96.2%
    Money Market3.7%
  • Italian Fixed Interest16.4%
    French Fixed Interest15.8%
    Spanish Fixed Interest14%
    Global Fixed Interest13.4%
    Dutch Fixed Interest6.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0.1%-2.7%-1%5.7%20.4%
Sector0.4%1%-1.2%1.4%8.5%26.8%
Rank within sector37 / 4139 / 4038 / 4038 / 3829 / 3521 / 30
Quartile4th4th4th4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund-1.7%1.7%-9.4%2.8%
Sector-0.2%3.8%-0.2%8.9%3.4%
Rank within sector39 / 4035 / 3819 / 3619 / 357 / 31
Quartile4th4th3rd3rd1st
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.
-0.55
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.
0.92
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
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%.
3.52
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.
1.53
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.
-0.51
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.
0.82
Price movement
52 week high61.67
52 week low58.48
Current bid price58.77
Current offer price60.53
Current mid price-
Region
1Italy16.42%
2France15.76%
3Spain14%
4Others10.39%
5Netherlands6.21%
6Germany5.62%
7Belgium5.11%
8USA4.47%
9Money Market3.66%
Industry sector
1Fixed Interest96.2%
2Money Market3.66%
Asset type
1Italian Fixed Interest16.42%
2French Fixed Interest15.76%
3Spanish Fixed Interest14%
4Global Fixed Interest13.35%
5Dutch Fixed Interest6.21%
6German Fixed Interest5.62%
7Belgian Fixed Interest5.11%
8US Fixed Interest4.47%
9Money Market3.66%
Individual holdings
1FRANCE(GOVT OF) 2.5% BDS 25/10/20 EUR13.3%
2ITALY(REPUBLIC OF) 4.5% TB 01/03/19 EUR10003.2%
3ITALY(REPUBLIC OF) 1.35% BDS 15/04/22 EUR10003.14%
4ITALY(REPUBLIC OF) 5.25% BDS 1/11/2029 EUR0.012.82%
5SPAIN(KINGDOM OF) 4.6% BDS 30/07/19 EUR10002.7%
6FRANCE(GOVT OF) 4% TB 25/10/38 EUR12.3%
7SPAIN(KINGDOM OF) 6% BDS 31/1/2029 EUR0.012.23%
8ITALY(REPUBLIC OF) 5% BDS 01/09/40 EUR60000001.96%
9FRANCE(GOVT OF) 4.25% OAT 25/4/19 EUR11.76%
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, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Luxembourg, Norway, Offshore, Singapore, Sweden
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 price54.3
Offer price55.93
Mid price-
CurrencyUSD
Price updated26/04/2017
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 price58.77
Offer price60.53
Mid price-
CurrencyEUR
Price updated26/04/2017
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 price5.337
Offer price5.497
Mid price-
CurrencyEUR
Price updated21/11/2016
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 price1100
Offer price1100
Mid price-
CurrencyEUR
Price updated26/04/2017
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 price1093.08
Offer price1093.08
Mid price-
CurrencyGBP
Price updated26/04/2017
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 price1114.07
Offer price1114.07
Mid price-
CurrencyUSD
Price updated26/04/2017
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 price1113.03
Offer price1113.03
Mid price-
CurrencyEUR
Price updated26/04/2017
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 price1028.62
Offer price1028.62
Mid price-
CurrencyGBP
Price updated12/12/2016
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 price1036.94
Offer price1036.94
Mid price-
CurrencyUSD
Price updated12/12/2016
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 price1079.83
Offer price1079.83
Mid price-
CurrencyEUR
Price updated24/02/2017
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 price50.29
Offer price50.29
Mid price-
CurrencyEUR
Price updated12/12/2016
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 price54.06
Offer price54.06
Mid price-
CurrencyGBP
Price updated12/12/2016
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 price53.46
Offer price53.46
Mid price-
CurrencyUSD
Price updated26/04/2017
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 price51.11
Offer price52.64
Mid price-
CurrencyUSD
Price updated12/12/2016
TypeAccumulation
Institutional or retail classRetail
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 price50.37
Offer price51.88
Mid price-
CurrencyEUR
Price updated11/04/2017
TypeAccumulation
Institutional or retail classRetail
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 price63.7
Offer price63.7
Mid price-
CurrencyGBP
Price updated12/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF1WN
Data provided by

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