Pioneer Funds – Emerging Markets Equity EQUITY Class A EUR Non-Distributing ISIN Number LU0119365988 Key Facts Nav as at 30 April 2015 Domiciled Fund Size (Mil) Fund Inception Unit Class Launch Benchmark €8.4 Luxembourg €469.1 04/07/2000 18/12/2000 MSCI Emerging Markets PIOEMEA LX Fees and Expenses Ongoing Charges as at 31 Dec 2014 Entry Charge Performance Fee as at 31 Dec 2014¹ Trailing Returns (Net) 2.12 % Max. 5.00% 0.00 % Fund % Benchmark % 1 Month 3 Months YTD 1 Year 3 Years Ann. 3 Years Cum. 5 Years Ann. 5 Years Cum. 8.39 11.70 21.04 25.37 5.22 16.50 1.68 8.67 3.22 10.22 18.90 33.39 9.13 29.96 6.60 37.68 Period Mar 2014 - Mar 2015 Mar 2013 - Mar 2014 Mar 2012 - Mar 2013 Mar 2011 - Mar 2012 Mar 2010 - Mar 2011 Fund % Benchmark % 16.89 -7.66 -1.37 -9.57 7.48 28.89 -7.96 5.51 -2.82 12.95 Total Number of Holdings Assets in Top 10 Holdings Cash at Bank Top 10 Holdings GOODBABY INTERNATIONAL HOLDING Phosagro OAO ASTALDI SPA MMG LTD GLOBAL TELECOM HOLDING SAE TMK OAO ChinaCache International Holdings Ltd PHILIPPINE NATIONAL BANK OHL MEXICO SAB DE CV TBC Bank JSC Top 5 Overweights Goodbaby International Holding Phosagro Oao Astaldi Spa Mmg Ltd Global Telecom Holding Sae Calendar Year Returns (Net) ¹ The performance fee is the percentage of annual outperformance this Sub-Fund achieved above the performance fee benchmark: MSCI Emerging Markets, up to a maximum of 15%. Currency Hong Kong Dollar Russian Ruble US Dollar Egyptian Pound Euros Mexican Peso Yuan Renminbi Philippine Peso Others Objectives and Investment Policy Objective: Seeks to increase the value of your investment over the medium to long term. Portfolio securities: The Sub-Fund invests mainly in a broad range of equities of companies that are based in, or do most of their business in, emerging markets. The Sub-Fund may use derivatives to reduce various risks or for efficient portfolio management. Fund % Meet the Team Andrea Salvatori Head of Global EM & LatAm Equities Ind. Experience: 18 years Time with Pioneer Investments: 15 years Marco Mencini Head of Equities – Emerging Markets Ind. Experience: 17 years Time with Pioneer Investments: 13 years Mauro Ratto Head of Emerging Markets Ind. Experience: 22 years Time with Pioneer Investments: 17 years April 2015 Portfolio Analysis as at 30 Apr 2015 Rolling 12 month Returns (Net) Additional Identifiers Bloomberg Code FACTSHEET 46 56.7 % 3.5 % Fund % Bmk % 8.4 7.4 5.9 5.6 5.3 5.2 5.1 4.8 4.6 4.5 0.0 0.0 0.0 0.0 0.03 0.0 0.0 0.0 0.04 0.0 Fund % Bmk % 8.4 7.4 5.9 5.6 5.3 0.0 0.0 0.0 0.0 0.03 Fund % Bmk % 32.3 9.3 9.3 6.2 5.8 5.6 5.1 4.8 21.6 25.1 3.3 1.3 0.2 0.3 4.4 0.0 1.3 64.2 Benchmark % ʼ3HUIRUPDQFHGDWDSURYLGHGUHIHUVWR&ODVV$(XUR1RQ'LVWULEXWLQJ8QLWVRQO\DQGLVEDVHGXSRQ1$9QHWRIIHHV)RUGHWDLOVRI other Unit Classes available, please refer to the prospectus. Past performance does not guarantee and is not indicative of future results. Risk and Reward Profile Lower Risk (not-risk free) Lower Potential Reward 1 2 3 4 5 6 7 Higher Risk Higher Potential Reward What does this risk indicator mean? The above risk indicator ranks potential risk and reward and is based on medium-term volatility (how sharply the Sub-Fund’s actual or estimated unit price has gone up and down over five years). Historical data, such as that used in calculating this synthetic indicator, may not be a reliable indication of the future risk profile of the Sub-Fund. The Sub-Fund's risk indicator is not guaranteed and may change over time. The Sub-Fund’s risk category reflects the fact that as an asset class, equities tend to be more volatile than money market securities or bonds. For un-hedged currency classes, exchange rate movements may affect the risk indicator where the currency of the underlying investments differs from the currency of the unit class. Additional key risks: The risk indicator reflects market conditions of recent years and may not adequately capture the following additional key risks of the Sub-Fund: Liquidity risk: In adverse market conditions, securities that are liquid may become difficult to value, buy or sell, which could affect the Sub-Fund’s ability to process redemption requests. Operational risk: Losses may occur due to human error or omission, process errors, system disruptions or external events. Derivatives risk: Derivatives create leverage in the Sub-Fund and may cause movements in the value of the underlying investments to amplify gains or losses to the Sub-Fund. Emerging market risk: Some of the countries invested in may carry higher political, legal, economic and liquidity risks than investments in more developed countries. See reverse side for other important information. Pioneer Funds – Emerging Markets Equity Sector Financials Industrials Cons Disc Materials IT April 2015 Country Fund % Bmk % China Russia Brazil Italy Mexico Egypt Taiwan Philippines Others 36.1 12.5 6.3 5.9 5.4 5.3 5.0 4.8 24.0 18.9 4.0 7.9 0.0 4.4 0.2 12.5 1.3 50.8 Energy Telecoms Utilities Health Care Consumer Staples Fund % Bmk % Disclaimer Pioneer Funds – Emerging Markets Equity is a sub-fund (the “Sub-Fund”) of Pioneer Funds (the “Fund”), a fonds commun de placement with several separate sub-funds established under the laws of the Grand Duchy of Luxembourg subject to supervision by the Commission de Surveillance du Secteur Financier and qualifying as an Undertaking for Collective Investment in Transferrable Securities (“UCITS”). This material is not a Prospectus and does not constitute an offer to buy or a solicitation to sell any units of the Fund or any services, by or to anyone in any jurisdiction in which such offer or solicitation would be unlawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation including in the United States or in any of its territories or possessions subject to its jurisdiction where no offer or solicitation is made to or for the benefit of any Restricted U.S. Investor (as defined in the Prospectus of the Fund). The Fund has not been registered in the United States under the Investment Company Act of 1940 and units of the Fund are not registered in the United States under the Securities Act of 1933. This document is not intended for and no reliance can be placed on this document by retail clients in jurisdictions where the Sub-Fund is not registered for public offering and such clients should not be provided with this document. Investors should consult their professional adviser for details of registration. In particular, the Sub-Fund is not registered or otherwise notified for public offering with the relevant authorities of any Central American, South American, Latin American or Caribbean country. Past performance does not guarantee and is not indicative of future results. The value of investments is not guaranteed and may go down as well as up. The amount returned may not be as much as the amount invested. More recent returns may be different than those shown. Investors are strongly advised to seek independent advice before investing in the Sub-Fund. Unless otherwise stated all information contained in this document is from Pioneer Investments and is as at 30/04/2015. Investors should consider the Sub-Fund’s investment objectives, risk, charges and expenses carefully before investing. The Prospectus contains this and other information about the Sub-Fund and this material is authorised for use only when preceded or accompanied by a current prospectus which clients should obtain from their professional adviser. The Sub-Fund’s Prospectus and Key Investor Information document (“KIID”) are also available in an officially accepted language in your jurisdiction on www.pioneerinvestments.eu. Any statements made herein are qualified in their entirety by the terms of the current Prospectus. This content of this document is approved by Pioneer Global Investments Limited (“PGIL”), 1 George’s Quay Plaza, George’s Quay, Dublin 2, Ireland Call +353 1 480 2000. In the UK, it is directed at professional clients and not at retail clients and it is approved for distribution by PGIL (London Branch), Portland House, 8th Floor, Bressenden Place, London SW1E 5BH. PGIL is authorised and regulated by the Central Bank of Ireland and subject to limited regulation by the Financial Conduct Authority. Details about the extent of our regulation by the Financial Conduct Authority (“FCA”) are available from us on request. The Fund is an unregulated collective investment scheme under the UK Financial Services and Markets Act 2000 and therefore does not carry the protection provided by the UK regulatory system. Pioneer Funds Distributor, Inc., 60 State Street, Boston, MA 02109 (“PFD”), a U.S.-registered broker-dealer, provides marketing services in connection with the distribution of Pioneer Investments’ products. PFD markets these products to financial intermediaries, both within and outside of the U.S. (in jurisdictions where permitted to do so) for sale to clients who are not United States persons. Pioneer Investments is a trading name of the Pioneer Global Asset Management S.p.A. group of companies. Date of First Use: 15/05/2015. Notes The Global Industry Classification Standard (GICS) SM was developed by and is the exclusive property and a service mark of Standard & Poor's and MSCI. Neither Standard & Poor's, MSCI nor any other party involved in making or compiling any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such standard or classification. Without limiting any of the forgoing, in no event shall Standard & Poor's, MSCI, any of their affiliates or any third party involved in making or compiling any GICS classification have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Pioneer Global Investments Limited
© Copyright 2024