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 15/08/2012
  • Tanguy Le Saoutsince 15/08/2012
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
1.5%
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.
23
Top in this sector
Fund name1 Year
Robeco Eurpn Hi Yld Bds7.9%
T. Rowe Price EurHiYdBd7.3%
Fidelity Inst Eur Hi Yld6.6%
Babson Capital EnHgYdBd6.2%
Henderson HzEurHighYldBd6.1%
...more in FO Fixed Int - Europe

Performance snapshot

Holdings snapshot

  • France18.3%
    Italy17.5%
    Spain12.5%
    Germany7.1%
    Netherlands6.7%
  • Fixed Interest94.4%
    Money Market5.2%
  • French Fixed Interest18.3%
    Italian Fixed Interest17.5%
    Spanish Fixed Interest12.5%
    Global Fixed Interest8.2%
    German Fixed Interest7.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-2.7%0.1%1.5%12.1%32.6%
Sector-0.7%-0.5%2.1%2.8%10.6%31.1%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund2.6%-0.2%9.9%3.2%11.6%
Sector3.9%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.
1.87
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.
0.3
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%.
3.3
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.
2.87
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.
0.22
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.
0.3
Price movement
52 week high56.04
52 week low53.18
Current bid price54.28
Current offer price54.28
Current mid price-
Region
1France18.25%
2Italy17.51%
3Spain12.54%
4Germany7.11%
5Netherlands6.73%
6Others5.46%
7Belgium5.22%
8Money Market5.16%
9Austria3.68%
Industry sector
1Fixed Interest94.42%
2Money Market5.16%
Asset type
1French Fixed Interest18.25%
2Italian Fixed Interest17.51%
3Spanish Fixed Interest12.54%
4Global Fixed Interest8.2%
5German Fixed Interest7.11%
6Dutch Fixed Interest6.73%
7Belgian Fixed Interest5.22%
8Money Market5.16%
9Austrian Fixed Interest3.68%
Individual holdings
1ITALY(REPUBLIC OF) 4.5% TB 01/03/19 EUR10005.18%
2ITALY(REPUBLIC OF) 2% BDS 01/12/25 EUR10002.99%
3FRANCE(GOVT OF) 2.5% BDS 25/10/20 EUR12.32%
4ITALY(REPUBLIC OF) 5.25% BDS 1/11/2029 EUR0.012.26%
5SPAIN(KINGDOM OF) 4.8% BDS 31/01/24 EUR10002.04%
6ITALY(REPUBLIC OF) 1.35% BDS 15/04/22 EUR10001.89%
7FRANCE(GOVT OF) 4.25% OAT 25/4/19 EUR11.81%
8SPAIN(KINGDOM OF) 6% BDS 31/1/2029 EUR0.011.76%
9FRANCE(GOVT OF) 4% TB 25/10/38 EUR11.69%
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 Marasciulo15/08/2012Cosimo 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 Saout15/08/2012Tanguy 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
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 price54.64
Offer price56.28
Mid price-
CurrencyUSD
Price updated30/11/2016
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 price59.55
Offer price61.34
Mid price-
CurrencyEUR
Price updated30/11/2016
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 price5.337
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 price1113.62
Offer price1113.62
Mid price-
CurrencyEUR
Price updated30/11/2016
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 price1111.05
Offer price1111.05
Mid price-
CurrencyGBP
Price updated30/11/2016
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 price1121.24
Offer price1121.24
Mid price-
CurrencyUSD
Price updated30/11/2016
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 price1126.78
Offer price1126.78
Mid price-
CurrencyEUR
Price updated30/11/2016
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 price1032.78
Offer price1032.78
Mid price-
CurrencyGBP
Price updated30/11/2016
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 price1041.7
Offer price1041.7
Mid price-
CurrencyUSD
Price updated30/11/2016
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 price1085.93
Offer price1085.93
Mid price-
CurrencyEUR
Price updated30/11/2016
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 price50.52
Offer price50.52
Mid price-
CurrencyEUR
Price updated30/11/2016
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 price54.28
Offer price54.28
Mid price-
CurrencyGBP
Price updated30/11/2016
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 price54.02
Offer price54.02
Mid price-
CurrencyUSD
Price updated30/11/2016
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 price51.35
Offer price52.89
Mid price-
CurrencyUSD
Price updated30/11/2016
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 price50.74
Offer price52.26
Mid price-
CurrencyEUR
Price updated30/11/2016
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 price64.87
Offer price64.87
Mid price-
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF1WN
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