Pioneer One Year Return vs. One Year Return |
Relationship of One Year Return to Cash Position Weight for Pioneer Absolute Return Credit CPioneer Absolute Return Credit C is rated below average in one year return among similar funds. It is rated below average in cash position weight among similar funds . One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval. Percentage of fund asset invested in cash equivalents or risk free instruments. About 40% of all global funds carry cash on their balance sheet.
Funds or Etfs that have over 40% of their value invested in low risk instruments or cash equivalents typically attract conservative investors.
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One Year Return ComparisonPioneer is currently under evaluation in one year return among similar funds.RCRCX NASDAQ Pioneer Absolute Return Credit COther Pioneer Fundamental Comparison |