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

-5.66 %

1 Year rank in sector

132/138

Sector

FO Absolute Return

Yield
-
Fund size

£ 548.0 m

FE Risk score

79

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    38.66%
  • France
    29.34%
  • Italy
    28.05%
  • Spain
    18.66%
  • Belgium
    12.67%
  • Government Bonds
    79.7%
  • Others
    22%
  • Money Market
    0.7%
  • Government Agency Bonds
    -0.9%
  • Financials
    -1.5%
  • Global Fixed Interest
    98.7%
  • Others
    62.2%
  • Money Market
    0.7%
  • Alternative Investment Strategies
    -61.6%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.97 %3.57 %-5.66 %3.07 %1.76 %
Sector0.31 %1.28 %2.73 %4.96 %9.59 %
Rank within sector33 / 15421 / 149132 / 13855 / 10152 / 68
Quartile th1 st1 st4 th3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund0.62 %13.03 %-6.43 %-8.66 %4.47 %
Sector2.59 %0.66 %0.69 %1.2 %3.58 %
Rank within sector102 / 1443 / 129109 / 11286 / 8729 / 71
Quartile th3 rd1 st4 th4 th2 nd

Risk statistics

Alpha3.1
Beta-1.29
Sharpe-0
Volatility9.73
Tracking error10.33
Information ratio-0
R-Squared0.06

Price movement

52 week high49.97
52 week low44.59
Current bid price47.04
Current offer price47.04
Current mid price0

Holdings by region

  • 38.66% Others
  • 29.34% France
  • 28.05% Italy
  • 18.66% Spain
  • 12.67% Belgium
  • 2.54% Netherlands
  • 1.66% Ireland
  • 1.48% USA
  • 1.46% Poland
  • 0.66% Money Market

Holdings by sector

  • 79.7% Government Bonds
  • 22% Others
  • 0.7% Money Market
  • -0.9% Government Agency Bonds
  • -1.5% Financials

Holdings by asset type

  • 98.7% Global Fixed Interest
  • 62.2% Others
  • 0.7% Money Market
  • -61.6% Alternative Investment Strategies

Individual holdings

  • 13.8% FRANCE (REPUBLIC OF) 0.0% (31/01/2018)
  • 13.7% ITALY (REPUBLIC OF) 0.0% (13/04/2018)
  • 9.2% FRANCE (REPUBLIC OF) 0.0% (06/12/2017)
  • 8.9% ITALY (REPUBLIC OF) 0.0% (13/07/2018)
  • 8% SPAIN (KINGDOM OF) 0.0% (17/11/2017)
  • 6.3% BELGIUM (KINGDOM OF) 0.0% (14/12/2017)
  • 6.2% SPAIN(KINGDOM OF) 4% BDS 06/03/18 USD1000 REG S
  • 5.8% ITALY (REPUBLIC OF) 0.0% (12/01/2018)
  • 4.9% SPAIN (KINGDOM OF) 0.0% (13/10/2017)
  • 3.1% NETHERLANDS(KINGDOM OF) 0% BDS 31/10/17 EUR1