Fact sheet: Pioneer SICV-AbsRetBd

Fund information

Fund name
Pioneer SICAV - Absolute Return Bond N Non Distributing GBP
Fund company manager
Pioneer Investments
Fund type
SIB
Fund manager(s)
Cosimo Marasciulo
since 01/07/2013
Tanguy Le Saout
since 01/07/2013
Fund objective
Seeks to achieve a positive return in euro in all types of market conditions. This Sub-Fund is a feeder UCITS which allocates 100% of its assets into Pioneer Funds -Absolute Return Bond (the "Master Sub-Fund"). The Master Sub-Fund invests mainly in bonds and money market securities from around the world. These investments are issued by a broad range of issuers, including governments, corporations and supranational entities. The Master Sub-Fund invests up to 25% of its assets in below-investment grade bonds and up to 25% in convertible bonds. 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 mediumterm interest rate swaps.
Benchmark
EONIA Euro Overnight Index Average EUR
Investment style
Absolute Return,Active
Investment method
Money Market,Fixed Interest

Quick stats

1 Year return

-1.19 %

1 Year rank in sector

121/135

Sector

FO Absolute Return

Yield
-
Fund size

K

FE Risk score

80

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    37.04%
  • Italy
    31.25%
  • France
    17.41%
  • Spain
    14.69%
  • Belgium
    7.69%
  • Fixed Interest
    98.11%
  • Others
    1.04%
  • Money Market
    0.86%
  • Global Government Fixed Interest
    59.6%
  • Others
    42.31%
  • Money Market
    2.8%
  • Global Emerging Market Fixed Interest
    -0.01%
  • Global Fixed Interest
    -4.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.28 %-1.04 %-1.19 %6.53 %-3.44 %
Sector0.77 %1.35 %3.1 %4.48 %8.85 %
Rank within sector130 / 147124 / 144121 / 13537 / 10158 / 64
Quartile th4 th4 th4 th2 nd4 th

Calendar performance

YTD-20182017201620152014
Fund-0.62 %0.06 %13.03 %-6.43 %-8.66 %
Sector0.74 %2.62 %0.66 %0.69 %1.2 %
Rank within sector137 / 147104 / 1343 / 117100 / 10179 / 80
Quartile th4 th4 th1 st4 th4 th

Risk statistics

Alpha4.63
Beta-1.66
Sharpe-0
Volatility9.56
Tracking error10.25
Information ratio0.06
R-Squared0.09

Price movement

52 week high49.21
52 week low44.59
Current bid price46.49
Current offer price46.49
Current mid price0

Holdings by region

  • 37.04% Others
  • 31.25% Italy
  • 17.41% France
  • 14.69% Spain
  • 7.69% Belgium
  • 6.86% USA
  • 6.67% UK
  • 2.45% Isle of Man
  • 2.1% Ireland
  • 1.69% Luxembourg

Holdings by sector

  • 98.11% Fixed Interest
  • 1.04% Others
  • 0.86% Money Market

Holdings by asset type

  • 59.6% Global Government Fixed Interest
  • 42.31% Others
  • 2.8% Money Market
  • -0.01% Global Emerging Market Fixed Interest
  • -4.7% Global Fixed Interest

Individual holdings

  • 16.37% BRAZIL(FEDERATIVE REPUBLIC OF) 0% BDS 14/11/18 EUR1000
  • 11.21% FRANCE(GOVT OF) 0% TB 10/10/18 EUR1
  • 10.21% SPAIN(KINGDOM OF) 0% TB 17/08/18 EUR1000
  • 7.37% ITALY(REPUBLIC OF) 0% BDS 13/07/18 EUR1000
  • 4.75% CITIGROUP INC 2.7% BDS 27/10/22 USD1000
  • 4.53% SPAIN(KINGDOM OF) 0% BDS 15/06/18 EUR1000
  • 4.31% FRANCE(GOVT OF) 0% TB 31/01/18 EUR1
  • 3.02% ITALY(REPUBLIC OF) 0% BDS 14/09/18 EUR1000
  • 2.63% ITALY(REPUBLIC OF) TB 13/04/18 EUR1000
  • 2.45% NE PROPERTY COOPERATIEF UA 1.75% MTN 23/11/24 EUR100000