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

7.14 %

1 Year rank in sector

6/28

Sector

FO Fixed Int - EUR High Yield

Yield
-
Fund size

£ 1.0 m

FE Risk score

80

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • France
    16.1%
  • International
    14.6%
  • Italy
    14.3%
  • UK
    8.9%
  • Netherlands
    8.2%
  • Others
    75.89%
  • Financials
    22.9%
  • Mortgage & Secured Bonds
    0.9%
  • Government Bonds
    0.31%
  • French Fixed Interest
    16.1%
  • Global Fixed Interest
    14.6%
  • Italian Fixed Interest
    14.3%
  • UK Fixed Interest
    8.9%
  • Dutch Fixed Interest
    8.2%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.01 %4.2 %7.14 %38.12 %38.76 %
Sector0.56 %2.17 %5.19 %14.8 %26.28 %
Rank within sector4 / 292 / 296 / 282 / 273 / 24
Quartile th1 st1 st1 st1 st1 st

Calendar performance

YTD-20182017201620152014
Fund0.45 %9.51 %25.76 %-2.39 %-3.9 %
Sector0.34 %5.21 %7.95 %0.85 %3.16 %
Rank within sector7 / 292 / 282 / 2826 / 2727 / 27
Quartile th1 st1 st1 st4 th4 th

Risk statistics

Alpha7.47
Beta0.67
Sharpe0.74
Volatility9.29
Tracking error8.97
Information ratio0.61
R-Squared0.09

Price movement

52 week high83.44
52 week low73.34
Current bid price81.2
Current offer price81.2
Current mid price0

Holdings by region

  • 16.1% France
  • 14.6% International
  • 14.3% Italy
  • 8.9% UK
  • 8.2% Netherlands
  • 7.8% Germany
  • 7.7% USA
  • 5.7% Luxembourg
  • 5.5% Spain
  • 4.1% Money Market

Holdings by sector

  • 75.89% Others
  • 22.9% Financials
  • 0.9% Mortgage & Secured Bonds
  • 0.31% Government Bonds

Holdings by asset type

  • 16.1% French Fixed Interest
  • 14.6% Global Fixed Interest
  • 14.3% Italian Fixed Interest
  • 8.9% UK Fixed Interest
  • 8.2% Dutch Fixed Interest
  • 7.8% German Fixed Interest
  • 7.7% US Fixed Interest
  • 5.7% Luxembourg Fixed Interest
  • 5.5% Spanish Fixed Interest
  • 4.1% Money Market

Individual holdings

  • 1.2% ENEL S.P.A. 8.1% (24/09/2073)
  • 1.1% FIAT CHRYSLER AUTOMOBILES NV 3.8% (29/03/2024)
  • 1% UNICREDIT SPA 7.0% (31/10/2022)
  • 0.9% ALLIED IRISH BANKS 7.375% UNDATED NTS EUR500000000
  • 0.9% CASINO GUICHARD PERRACHON SA 4.5% (07/03/2024)
  • 0.9% FINMECCANICA SPA 4.9% (24/03/2025)
  • 0.9% TELECOM ITALIA FINANCE 7.75% BDS 24/1/33 EUR1000
  • 0.8% ATF NETHERLANDS BV 3.8% (31/12/2049)
  • 0.8% INTESA SANPAOLO SPA 6.6% (13/09/2023)
  • 0.8% Petrobras International Finance Company 5.375% Bds 01/10/29 GBP 1000