Fact sheet: Pioneer SICV-Eur Hi Yd

Fund information

Fund name
Pioneer SICAV - Euro High Yield N Non Distributing GBP
Fund company manager
Pioneer Investments
Fund type
SIB
Fund manager(s)
Colm D'Rosario
since 18/07/2013
Desmond English
since 18/07/2013
Fund objective
Seeks to increase the value of your investment and to provide income over the medium to long term. This Sub-Fund is a feeder UCITS which allocates 100% of its assets into Pioneer Funds - Euro High Yield (the "Master Sub-Fund"). The Master Sub-Fund invests mainly in below-investment grade bonds from anywhere in the world, including emerging markets. The Master Sub-Fund may also invest in money market securities, and may invest up to 20% of its assets in convertible securities and, on an ancillary basis, in equities. The Master Sub-Fund’s investments will mainly be denominated in euro. For temporary defensive purposes, the Master Sub-Fund may invest up to 49% of its assets in cash or in bonds from EU states whose national currency is the euro. The Master Sub-Fund may use derivatives to reduce various risks, for efficient portfolio management and as a way to gain exposure to various assets, markets or income streams.
Benchmark
BofA Merrill Lynch Euro High Yield
Investment style
High Yield
Investment method
Fixed Interest,Money Market,Feeder fund

Quick stats

1 Year return

10.65 %

1 Year rank in sector

2/28

Sector

FO Fixed Int - EUR High Yield

Yield
-
Fund size

£ 1.0 m

FE Risk score

82

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Italy
    17.1%
  • France
    16.4%
  • International
    12.6%
  • UK
    9.6%
  • Germany
    8.3%
  • Others
    76.69%
  • Financials
    22.1%
  • Mortgage & Secured Bonds
    0.9%
  • Government Bonds
    0.31%
  • Italian Fixed Interest
    17.1%
  • French Fixed Interest
    16.4%
  • Global Fixed Interest
    12.6%
  • UK Fixed Interest
    9.6%
  • German Fixed Interest
    8.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.32 %3.75 %10.65 %30.14 %44.81 %
Sector-0.71 %1.37 %6.16 %13.37 %29.18 %
Rank within sector27 / 282 / 282 / 282 / 272 / 23
Quartile th4 th1 st1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund8.4 %25.76 %-2.39 %-3.9 %11.04 %
Sector4.99 %7.95 %0.85 %3.16 %8.32 %
Rank within sector2 / 282 / 2826 / 2727 / 272 / 23
Quartile th1 st1 st4 th4 th1 st

Risk statistics

Alpha6.01
Beta0.73
Sharpe0.58
Volatility9.55
Tracking error9.13
Information ratio0.48
R-Squared0.1

Price movement

52 week high83.44
52 week low71.84
Current bid price80.02
Current offer price80.02
Current mid price0

Holdings by region

  • 17.1% Italy
  • 16.4% France
  • 12.6% International
  • 9.6% UK
  • 8.3% Germany
  • 8.2% Netherlands
  • 7.6% USA
  • 4.9% Spain
  • 4.8% Luxembourg
  • 3.8% Money Market

Holdings by sector

  • 76.69% Others
  • 22.1% Financials
  • 0.9% Mortgage & Secured Bonds
  • 0.31% Government Bonds

Holdings by asset type

  • 17.1% Italian Fixed Interest
  • 16.4% French Fixed Interest
  • 12.6% Global Fixed Interest
  • 9.6% UK Fixed Interest
  • 8.3% German Fixed Interest
  • 8.2% Dutch Fixed Interest
  • 7.6% US Fixed Interest
  • 4.9% Spanish Fixed Interest
  • 4.8% Luxembourg Fixed Interest
  • 3.8% Money Market

Individual holdings

  • 1.3% FIAT FINANCE AND TRADE LTD 4.75 07/15/2022
  • 1.2% INTESA SANPAOLO SPA 6.6% (13/09/2023)
  • 1.1% ENEL S.P.A. 8.1% (24/09/2073)
  • 1.1% FIAT CHRYSLER AUTOMOBILES NV 3.8% (29/03/2024)
  • 1.1% UNICREDIT SPA 7.0% (31/10/2022)
  • 1% WIND ACQUISITION FINANCE SA 7.0% (23/04/2021)
  • 0.9% ALLIED IRISH BANKS 7.375% UNDATED NTS EUR500000000
  • 0.9% CASINO GUICHARD PERRACHON SA 4.5% (07/03/2024)
  • 0.8% FINMECCANICA SPA 4.9% (24/03/2025)
  • 0.8% UNICREDIT SPA 5.8% (28/10/2025)