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

-0.64 %

1 Year rank in sector

113/135

Sector

FO Absolute Return

Yield
-
Fund size

K

FE Risk score

80

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Spain
    33.39%
  • Italy
    32.48%
  • France
    18.54%
  • Others
    11.3%
  • Belgium
    10.87%
  • Government Bonds
    75.4%
  • Others
    18.8%
  • Financials
    5.7%
  • Government Agency Bonds
    0.1%
  • Global Fixed Interest
    99.2%
  • Others
    63.1%
  • Money Market
    1.1%
  • Foreign Exchange
    -12.4%
  • Alternative Investment Strategies
    -51%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.04 %2.3 %-0.64 %3.34 %1.93 %
Sector-0.08 %1.05 %3.13 %3.58 %9.77 %
Rank within sector137 / 15035 / 147113 / 13547 / 10252 / 66
Quartile th4 th1 st4 th2 nd4 th

Calendar performance

YTD-20172016201520142013
Fund0.04 %13.03 %-6.43 %-8.66 %4.47 %
Sector2.52 %0.66 %0.69 %1.2 %3.58 %
Rank within sector104 / 1403 / 124106 / 10883 / 8528 / 67
Quartile th3 rd1 st4 th4 th2 nd

Risk statistics

Alpha3.7
Beta-1.38
Sharpe-0
Volatility9.72
Tracking error10.34
Information ratio-0.02
R-Squared0.07

Price movement

52 week high49.21
52 week low44.59
Current bid price46.77
Current offer price46.77
Current mid price0

Holdings by region

  • 33.39% Spain
  • 32.48% Italy
  • 18.54% France
  • 11.3% Others
  • 10.87% Belgium
  • 5.98% UK
  • 2.73% USA
  • 1.87% Ireland
  • 1.61% Poland
  • 1.34% Japan

Holdings by sector

  • 75.4% Government Bonds
  • 18.8% Others
  • 5.7% Financials
  • 0.1% Government Agency Bonds

Holdings by asset type

  • 99.2% Global Fixed Interest
  • 63.1% Others
  • 1.1% Money Market
  • -12.4% Foreign Exchange
  • -51% Alternative Investment Strategies

Individual holdings

-