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
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

1.4 %

1 Year rank in sector

82/141

Sector

FO Absolute Return

Yield
-
Fund size

£ 548.0 m

FE Risk score

74

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    41.08%
  • France
    25.94%
  • Spain
    21.78%
  • Italy
    20.23%
  • Belgium
    11.24%
  • Fixed Interest
    97.2%
  • Others
    57.1%
  • Money Market
    4.2%
  • Derivatives
    -58.5%
  • Global Fixed Interest
    94.6%
  • Money Market
    4.1%
  • Others
    1.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.66 %6.03 %1.4 %5.32 %8.13 %
Sector-0.01 %1.08 %2.18 %3.29 %9.93 %
Rank within sector7 / 1558 / 15182 / 14131 / 99 /
Quartile th1 st1 st3 rd2 nd th

Calendar performance

YTD-20172016201520142013
Fund3.74 %13.03 %-6.43 %-8.66 %0 %
Sector2.02 %0.66 %0.69 %1.2 %3.58 %
Rank within sector38 / 1483 / 130109 / 11387 / 88 /
Quartile th2 nd1 st4 th4 th th

Risk statistics

Alpha3.28
Beta-1.28
Sharpe-0
Volatility9.23
Tracking error9.86
Information ratio0.03
R-Squared0.06

Price movement

52 week high50.12
52 week low44.59
Current bid price48.5
Current offer price48.5
Current mid price0

Holdings by region

  • 41.08% Others
  • 25.94% France
  • 21.78% Spain
  • 20.23% Italy
  • 11.24% Belgium
  • 4.17% Money Market
  • 2.95% Netherlands
  • 1.55% Ireland
  • 1.36% USA
  • -0.01% Canada

Holdings by sector

  • 97.2% Fixed Interest
  • 57.1% Others
  • 4.2% Money Market
  • -58.5% Derivatives

Holdings by asset type

  • 94.6% Global Fixed Interest
  • 4.1% Money Market
  • 1.3% Others

Individual holdings

  • 17.7% SPAIN (KINGDOM OF) 0.0% (17/11/2017)
  • 14.5% ITALY (REPUBLIC OF) 0.0% (12/01/2018)
  • 12.6% FRANCE (REPUBLIC OF) 0.0% (31/01/2018)
  • 5.8% BELGIUM (KINGDOM OF) 0.0% (14/12/2017)
  • 4.9% GERMANY (FEDERAL REPUBLIC OF) 0.0% (23/08/2017)
  • 4.5% FRANCE (REPUBLIC OF) 0.0% (06/12/2017)
  • 4.5% SPAIN (KINGDOM OF) 0.0% (13/10/2017)
  • 4.3% FRANCE (REPUBLIC OF) 0.0% (26/07/2017)
  • 3.4% ITALY (REPUBLIC OF) 0.0% (13/04/2018)
  • 3.3% NETHERLANDS (KINGDOM OF) 0.0% (31/08/2017)