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
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

8.97 %

1 Year rank in sector

3/28

Sector

FO Fixed Int - EUR High Yield

Yield
-
Fund size

£ 1.4 b

FE Risk score

78

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Italy
    19.9%
  • France
    13.8%
  • Germany
    10.3%
  • International
    9.4%
  • UK
    7.7%
  • Fixed Interest
    87.8%
  • Others
    19.85%
  • Money Market
    7.4%
  • Derivatives
    0.4%
  • Debt
    0.03%
  • Italian Fixed Interest
    19.9%
  • French Fixed Interest
    13.8%
  • German Fixed Interest
    10.3%
  • Global Fixed Interest
    9.4%
  • UK Fixed Interest
    7.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-3.33 %5.11 %8.97 %28.57 %50.53 %
Sector0.19 %3.27 %6.24 %12.6 %33.65 %
Rank within sector29 / 291 / 283 / 282 / 262 / 23
Quartile th4 th1 st1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund7.79 %25.76 %-2.39 %-3.9 %11.04 %
Sector4.57 %7.95 %0.85 %3.16 %8.32 %
Rank within sector2 / 282 / 2727 / 2726 / 262 / 23
Quartile th1 st1 st4 th4 th1 st

Risk statistics

Alpha6.77
Beta0.81
Sharpe0.65
Volatility9.48
Tracking error8.88
Information ratio0.63
R-Squared0.13

Price movement

52 week high83.44
52 week low71.49
Current bid price79.57
Current offer price79.57
Current mid price0

Holdings by region

  • 19.9% Italy
  • 13.8% France
  • 10.3% Germany
  • 9.4% International
  • 7.7% UK
  • 7.6% USA
  • 7.4% Money Market
  • 7% Netherlands
  • 6.8% Spain
  • 6.5% Luxembourg

Holdings by sector

  • 87.8% Fixed Interest
  • 19.85% Others
  • 7.4% Money Market
  • 0.4% Derivatives
  • 0.03% Debt
  • 0.02% Equities
  • -15.5% Foreign Exchange

Holdings by asset type

  • 19.9% Italian Fixed Interest
  • 13.8% French Fixed Interest
  • 10.3% German Fixed Interest
  • 9.4% Global Fixed Interest
  • 7.7% UK Fixed Interest
  • 7.6% US Fixed Interest
  • 7.4% Money Market
  • 7% Dutch Fixed Interest
  • 6.8% Spanish Fixed Interest
  • 6.5% Luxembourg Fixed Interest

Individual holdings

  • 1.1% INTESA SANPAOLO SPA 6.6% (13/09/2023)
  • 1% ENEL S.P.A. 8.1% (24/09/2073)
  • 1% UNICREDIT SPA 7.0% (31/10/2022)
  • 0.9% FAURECIA 3.6% (15/06/2023)
  • 0.9% FIAT CHRYSLER AUTOMOBILES NV 3.8% (29/03/2024)
  • 0.9% WIND ACQUISITION FINANCE SA 7.0% (23/04/2021)
  • 0.8% CASINO GUICHARD PERRACHON SA 4.5% (07/03/2024)
  • 0.8% FIAT FINANCE AND TRADE LTD 4.75 07/15/2022
  • 0.8% UNICREDIT SPA 5.8% (28/10/2025)
  • 0.7% FINMECCANICA SPA 4.9% (24/03/2025)