Fact sheet: Schroder All Maturts CorpBd

Fund information
Fund name
Schroder All Maturities Corporate Bond Z Acc
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund managers
  • Alix Stewartsince 01/08/2012
  • Teamsince 01/08/2012
Fund objective
The fund aims to provide capital growth and income. At least 80% of the fund will be invested in bonds issued by companies.The fund will invest in bonds issued either in sterling, or in another currency and hedged back into sterling (to reduce or remove the risk of loss through currency movements).The central appeal of the corporate bond market is that bonds in this sector generally offer higher interest payments than those available on government bonds, creating the potential for higher returns over the longer term. Corporate bonds also tend to be less volatile than shares of companies. In addition with many companies and industries to choose from, there is a lot of scope to add value through issuer and sector selection.The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently. The fund may use leverage and take short positions.
Benchmark
  • ML Non-Gilt All Stk
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
11%
1 Year rank in sector
22/89
Sector
UT Sterling Corporate Bond
Yield
3.7%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.57%
Fund size
£959m (£854m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
37
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond17.1%
Henderson Inst Long Dat Cr15.8%
Insight UK Corp Lg Mat Bd15.8%
Fidelity Inst UK Lg Crp Bd15.5%
F&C Instl Lg Dtd Corp Bd15.3%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK50.2%
    France8.8%
    USA7.8%
    Netherlands7.4%
    Others6.8%
  • Others25.8%
    Banks19.7%
    Electricity Supply7.1%
    Utilities6.6%
    Government Bonds6.3%
  • UK Fixed Interest50.2%
    French Fixed Interest8.8%
    US Fixed Interest7.8%
    Dutch Fixed Interest7.4%
    Global Fixed Interest6.8%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%2.7%6.6%11%21.3%39.2%
Sector1.1%2.3%5.5%9.3%19.3%35%
Rank within sector30 / 9624 / 9623 / 9422 / 8931 / 8331 / 69
Quartile2nd1st1st1st2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund4.3%10.5%-0.8%10.5%1.1%
Sector3.5%9.1%-0.3%10.1%0.2%
Rank within sector19 / 9423 / 8763 / 8540 / 8231 / 76
Quartile1st2nd3rd2nd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-0.14
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.13
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.49
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
6.13
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.11
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.52
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.98
Price movement
52 week high89.65
52 week low80.66
Current bid price-
Current offer price-
Current mid price89.49
Region
1UK50.15%
2France8.83%
3USA7.77%
4Netherlands7.39%
5Others6.78%
6Money Market4.79%
7Cayman Islands4.1%
8Luxembourg3.51%
9Denmark1.14%
Industry sector
1Others25.78%
2Banks19.65%
3Electricity Supply7.07%
4Utilities6.56%
5Government Bonds6.28%
6Wholesale5.61%
7Money Market4.79%
8Communications4.79%
9Fixed Interest2.83%
Asset type
1UK Fixed Interest50.15%
2French Fixed Interest8.83%
3US Fixed Interest7.77%
4Dutch Fixed Interest7.39%
5Global Fixed Interest6.78%
6Money Market4.79%
7American Emerging Fixed Interest4.1%
8Luxembourg Fixed Interest3.51%
9Danish Fixed Interest1.14%
Individual holdings
1TREASURY X% GILT 22/07/22 GBP1 WI2.72%
2AXA 5.625% BDS 16/01/54 GBP10001.28%
3NATIONAL GRID GAS FINANCE PLC 2.75% INST 22/09/46 GBP1000001.26%
4AT&T INC 7% BDS 30/04/40 GBP(VAR)1.24%
5DIGITAL STOUT HLDGS LLC 4.25% BDS 17/01/25 GBP1000001.16%
6EDF 5.5% BDS 17/10/41 GBP1000001.15%
7EUROPEAN INVESTMENT BANK 6% BDS 7/12/2028 GBP10001.12%
8NATIONAL GRID GAS FINANCE PLC 2.625% INST 22/09/38 GBP1000001%
9INTERCONTINENTAL HOTELS GROUP 3.875% NTS 28/11/22 GBP1000000.98%
Management
Fund manager group
Schroders
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund objective
The fund aims to provide capital growth and income. At least 80% of the fund will be invested in bonds issued by companies.The fund will invest in bonds issued either in sterling, or in another currency and hedged back into sterling (to reduce or remove the risk of loss through currency movements).The central appeal of the corporate bond market is that bonds in this sector generally offer higher interest payments than those available on government bonds, creating the potential for higher returns over the longer term. Corporate bonds also tend to be less volatile than shares of companies. In addition with many companies and industries to choose from, there is a lot of scope to add value through issuer and sector selection.The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently. The fund may use leverage and take short positions.
Benchmark
  • ML Non-Gilt All Stk
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Alix Stewart01/08/2012Alix Stewart joined Schroders in 2012 as a Credit Portfolio Manager. Prior to joining Schroders Alix worked for UBS Global Asset Management as Head of UK Fixed Interest and before that as fund manager of Global Corporate Bonds. She graduated from University of Leeds with a BSc (Hons) in Economic and Mathematics. Alix has 20 years’ investment experience.
Team01/08/2012
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Schroder All Maturities Corporate Bond A Acc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price84.11
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeESC8
Schroder All Maturities Corporate Bond A Inc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price60.75
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeESA4
Schroder All Maturities Corporate Bond I Acc
Initial charge-
Annual charge0.25%
Min single investment£100,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price281.6
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeSP72
Schroder All Maturities Corporate Bond I Inc
Initial charge-
Annual charge0.25%
Min single investment£100,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price57.82
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGXT0
Schroder All Maturities Corporate Bond X Acc
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price147.6
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeSP73
Schroder All Maturities Corporate Bond Z Acc
Initial charge-
Annual charge0.45%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price89.49
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEPV5
Schroder All Maturities Corporate Bond Z Inc
Initial charge-
Annual charge0.45%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price64.62
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEPV6
Data provided by

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