Fact sheet: Pioneer SICV-US $ Agr B

Fund information
Fund name
Pioneer SICAV - US Dollar Aggregate Bond N Hedged Non Distributing GBP
Fund manager company
Pioneer Investments
Fund type
Offshore Fund
Fund manager
  • Ken Taubessince 23/07/2014
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 - U.S. Dollar Aggregate Bond (the "Master Sub-Fund"). The Master Sub-Fund invests mainly in a broad range of U.S. dollar denominated investment grade bonds from U.S. government and corporate issuers. The Master Sub-Fund may also invest up to 25% of its assets in convertible securities, up to 20% in belowinvestment grade bonds and up to 10% in equities. The Master Sub-Fund may use derivatives to reduce various risks and for efficient portfolio management.
Benchmark
  • Barclays Capital U.S. Aggregate Bond Index
Investment style
None
Investment method
Feeder fund, Fixed Interest
Quick stats
1 Year return
5.5%
1 Year rank in sector
-
Sector
FO Fixed Int - USD
Yield
-
Fund size
£0m
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.
12
Top in this sector
Fund name1 Year
CG Dollar24%
Nordea 1 US Tot Ret Bd21%
Ashmore Emg Mkt Sovrn Dbt18.5%
Nordea 1 Emrg Mkt Bd15.5%
CG Gearing Portfolio12.6%
...more in FO Fixed Int - USD

Performance snapshot

Holdings snapshot

  • USA95.6%
    Bermuda1.4%
    France1.3%
    UK1.3%
    Cayman Islands1.3%
  • Fixed Interest107.4%
    Money Market0.7%
    Equities0.6%
    Others-8.7%
  • US Fixed Interest98.7%
    Money Market0.7%
    US Equities0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%2.2%4.2%5.5%14%23.4%
Sector0.3%3%4.8%6%10.5%18.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund5.9%0.2%6%0.9%8.6%
Sector6.4%-0.5%3.4%0%6.8%
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.
2.07
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.
0.73
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.
0.65
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%.
1.99
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.
1.14
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.
0.92
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.
0.78
Price movement
52 week high53.35
52 week low49.97
Current bid price53.15
Current offer price53.15
Current mid price-
Region
1USA95.62%
2Bermuda1.37%
3France1.29%
4UK1.26%
5Cayman Islands1.25%
6Canada0.91%
7Money Market0.74%
8Ireland0.62%
9China0.57%
Industry sector
1Fixed Interest107.37%
2Money Market0.74%
3Equities0.59%
4Others-8.7%
Asset type
1US Fixed Interest98.67%
2Money Market0.74%
3US Equities0.59%
Individual holdings
1Fncl 3.5 Tba 09/122.91%
2UNITED STATES OF AMER TREAS BILLS 0% BDS 15/09/16 USD10002.62%
3UNITED STATES OF AMER TREAS BONDS 1% BDS 15/02/46 USD1001.85%
4UNITED STATES OF AMER TREAS BONDS 0% BDS 15/02/45 USD10001.7%
5UNITED STATES OF AMER TREAS BILLS 0% BDS 08/09/16 USD1001.48%
6UNITED STATES OF AMER TREAS BILLS 0% BDS 22/09/16 USD10001.16%
7FNCL 4 9/10 TBA MBS 30YR1.14%
8GOVERNMENT NATIONAL MTG ASSOC I 4% SFM 30YR TBA SEPT0.98%
9TBA Ginnie Mae I Pool0.98%
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 - U.S. Dollar Aggregate Bond (the "Master Sub-Fund"). The Master Sub-Fund invests mainly in a broad range of U.S. dollar denominated investment grade bonds from U.S. government and corporate issuers. The Master Sub-Fund may also invest up to 25% of its assets in convertible securities, up to 20% in belowinvestment grade bonds and up to 10% in equities. The Master Sub-Fund may use derivatives to reduce various risks and for efficient portfolio management.
Benchmark
  • Barclays Capital U.S. Aggregate Bond Index
Investment style
None
Investment method
Feeder fund, Fixed Interest
Fund manager
NameSinceBiography
Ken Taubes23/07/2014Ken has over 20 years of investment experience. Prior to joining Pioneer Investments in 1998, Ken was a Senior Portfolio Manager at Putnam Investments and the Treasurer of Home Owners Savings Bank. He is a member of the Financial Executives Institute, the Treasurers' Club of Boston and the Bond Analysts Society of Boston. Ken holds a BS (Bachelor of Science) from Utica College of Syracuse University and an MBA from Suffolk University, which he attained in 1980 and 1985 respectively.
Compliance
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 - US Dollar Aggregate Bond A Distributing USD
Initial charge5%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price50.54
Offer price52.06
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFPPJ
Pioneer SICAV - US Dollar Aggregate Bond A Hedged Distributing GBP
Initial charge5%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price50.63
Offer price50.63
Mid price-
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFPPH
Pioneer SICAV - US Dollar Aggregate Bond N Hedged Non Distributing EUR
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price52.44
Offer price52.44
Mid price-
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOJL
Pioneer SICAV - US Dollar Aggregate Bond N Hedged 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)-
Bid price53.15
Offer price53.15
Mid price-
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOLP
Pioneer SICAV - US Dollar Aggregate Bond N Non Distributing EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price51.78
Offer price51.78
Mid price-
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE83U
Pioneer SICAV - US Dollar 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)-
Bid price69.38
Offer price69.38
Mid price-
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLTO
Pioneer SICAV - US Dollar Aggregate Bond N Non Distributing USD
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price53.13
Offer price53.13
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNXC
Data provided by

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