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

-1.66 %

1 Year rank in sector

122/138

Sector

FO Absolute Return

Yield
-
Fund size

£ 548.0 m

FE Risk score

78

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    39.52%
  • France
    30.61%
  • Italy
    18.2%
  • Spain
    17.97%
  • Belgium
    12.19%
  • Government Bonds
    77.3%
  • Others
    21.8%
  • Money Market
    4.1%
  • Government Agency Bonds
    -1%
  • Financials
    -2.2%
  • Global Fixed Interest
    94.6%
  • Money Market
    4.1%
  • Others
    1.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-3.56 %0.21 %-1.66 %2.65 %2.64 %
Sector0.25 %1.12 %2.5 %3.18 %9.49 %
Rank within sector151 / 154107 / 151122 / 13844 / 98 /
Quartile th4 th3 rd4 th2 nd th

Calendar performance

YTD-20172016201520142013
Fund0.19 %13.03 %-6.43 %-8.66 %0 %
Sector2.28 %0.66 %0.69 %1.2 %3.58 %
Rank within sector110 / 1463 / 129107 / 11186 / 87 /
Quartile th4 th1 st4 th4 th th

Risk statistics

Alpha4.19
Beta-1.26
Sharpe-0
Volatility9.36
Tracking error9.96
Information ratio0.12
R-Squared0.06

Price movement

52 week high50.12
52 week low44.59
Current bid price46.84
Current offer price46.84
Current mid price0

Holdings by region

  • 39.52% Others
  • 30.61% France
  • 18.2% Italy
  • 17.97% Spain
  • 12.19% Belgium
  • 4.14% Money Market
  • 2.56% Netherlands
  • 1.64% Ireland
  • 1.46% USA
  • 1.4% Poland

Holdings by sector

  • 77.3% Government Bonds
  • 21.8% Others
  • 4.1% Money Market
  • -1% Government Agency Bonds
  • -2.2% Financials

Holdings by asset type

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

Individual holdings

  • 13.3% FRANCE (REPUBLIC OF) 0.0% (31/01/2018)
  • 13.2% ITALY (REPUBLIC OF) 0.0% (13/04/2018)
  • 11.8% FRANCE (REPUBLIC OF) 0.0% (06/12/2017)
  • 7.7% SPAIN (KINGDOM OF) 0.0% (17/11/2017)
  • 7.3% GERMANY (FEDERAL REPUBLIC OF) 0.0% (23/08/2017)
  • 6.1% BELGIUM (KINGDOM OF) 0.0% (14/12/2017)
  • 5.9% SPAIN(KINGDOM OF) 4% BDS 06/03/18 USD1000 REG S
  • 5.6% ITALY (REPUBLIC OF) 0.0% (12/01/2018)
  • 4.7% SPAIN (KINGDOM OF) 0.0% (13/10/2017)
  • 3% NETHERLANDS(KINGDOM OF) 0% BDS 31/10/17 EUR1