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

11.64 %

1 Year rank in sector

3/28

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

  • Italy
    16.3%
  • France
    14.8%
  • International
    12.9%
  • UK
    11.8%
  • Germany
    8.7%
  • Others
    78.59%
  • Financials
    20.7%
  • Mortgage & Secured Bonds
    0.4%
  • Government Bonds
    0.31%
  • Italian Fixed Interest
    16.3%
  • French Fixed Interest
    14.8%
  • Global Fixed Interest
    12.9%
  • UK Fixed Interest
    11.8%
  • German Fixed Interest
    8.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.31 %6.69 %11.73 %31.06 %50.79 %
Sector-0.27 %2.18 %7.26 %14.3 %31.81 %
Rank within sector18 / 292 / 283 / 282 / 272 / 23
Quartile th3 rd1 st1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund10.04 %25.76 %-2.39 %-3.9 %11.04 %
Sector5.1 %7.95 %0.85 %3.16 %8.32 %
Rank within sector1 / 282 / 2826 / 2727 / 272 / 23
Quartile th1 st1 st4 th4 th1 st

Risk statistics

Alpha6.42
Beta0.73
Sharpe0.65
Volatility9.56
Tracking error9.14
Information ratio0.51
R-Squared0.1

Price movement

52 week high83.44
52 week low71.49
Current bid price81.23
Current offer price81.23
Current mid price0

Holdings by region

  • 16.3% Italy
  • 14.8% France
  • 12.9% International
  • 11.8% UK
  • 8.7% Germany
  • 7.6% Netherlands
  • 7.4% USA
  • 5.4% Money Market
  • 4.9% Spain
  • 3.7% Luxembourg

Holdings by sector

  • 78.59% Others
  • 20.7% Financials
  • 0.4% Mortgage & Secured Bonds
  • 0.31% Government Bonds

Holdings by asset type

  • 16.3% Italian Fixed Interest
  • 14.8% French Fixed Interest
  • 12.9% Global Fixed Interest
  • 11.8% UK Fixed Interest
  • 8.7% German Fixed Interest
  • 7.6% Dutch Fixed Interest
  • 7.4% US Fixed Interest
  • 5.4% Money Market
  • 4.9% Spanish Fixed Interest
  • 3.7% Luxembourg Fixed Interest

Individual holdings

  • 1.2% FIAT FINANCE AND TRADE LTD 4.75 07/15/2022
  • 1.1% INTESA SANPAOLO SPA 6.6% (13/09/2023)
  • 1.1% UNICREDIT SPA 7.0% (31/10/2022)
  • 1% ENEL S.P.A. 8.1% (24/09/2073)
  • 1% FAURECIA 3.6% (15/06/2023)
  • 1% FIAT CHRYSLER AUTOMOBILES NV 3.8% (29/03/2024)
  • 1% WIND ACQUISITION FINANCE SA 7.0% (23/04/2021)
  • 0.8% ALLIED IRISH BANKS 7.375% UNDATED NTS EUR500000000
  • 0.8% CASINO GUICHARD PERRACHON SA 4.5% (07/03/2024)
  • 0.8% UNICREDIT SPA 5.8% (28/10/2025)