Fact sheet: Schroder Gilt & Fixed Int

Fund information
Fund name
Schroder Gilt & Fixed Interest A Acc
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund managers
  • James Lindsay-Fynnsince 17/03/2016
  • Thomas Sartainsince 28/01/2013
Fund objective
The fund's investment objective is to achieve a high level of income with the potential for capital growth, from investment in a diversified portfolio of sterling denominated fixed interest securities. Investments will include British and other government securities, corporate obligations, Eurobonds, local authority loans, money market deposits and other sterling denominated fixed interest securities. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Benchmark
  • IA UK Gilt Sector Average
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.7%
1 Year rank in sector
29/37
Sector
UT UK Gilts
Yield
2.7%
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
£154m (£170m 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.
48
Bid price
213.3
Offer price
213.5
Top in this sector
Fund name1 Year
Insight UK Gov Lg Mty bond12.2%
Newton Long Gilt12.1%
Blackrock Inst Bd Over 15 Yr Glt12.1%
Aberdeen Stg Lg Dtd Gov Bd11.8%
Schroder Inst Lg Dtd StgBd11.7%
...more in UT UK Gilts

Performance snapshot

Holdings snapshot

  • UK96.5%
    USA3.1%
    Sweden0.6%
    Not Specified0.1%
    Money Market-0.2%
  • Government Bonds97.6%
    Financials1.6%
    Industrials0.5%
    Utilities0.4%
    Derivatives0.1%
  • UK Gilts97.6%
    UK Fixed Interest2.5%
    Alternative Investment Strategies0.1%
    Money Market-0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-7.5%1.3%5.7%18%18.4%
Sector-1%-7.5%2.9%7.9%23.1%24.1%
Rank within sector14 / 3618 / 3727 / 3729 / 3725 / 3623 / 32
Quartile2nd2nd3rd4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.6%-0.2%12.4%-5.2%1.9%
Sector9%-0.1%14.3%-4.7%2.2%
Rank within sector30 / 3723 / 3722 / 3621 / 3517 / 32
Quartile4th3rd3rd3rd3rd
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.
-0.23
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.
0.86
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.
0.33
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%.
7.16
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.
1.24
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.
-0.93
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.
1
Price movement
52 week high232.1
52 week low199.7
Current bid price213.3
Current offer price213.5
Current mid price-
Region
1UK96.45%
2USA3.14%
3Sweden0.55%
4Not Specified0.1%
5Money Market-0.24%
Industry sector
1Government Bonds97.64%
2Financials1.64%
3Industrials0.52%
4Utilities0.35%
5Derivatives0.1%
6Money Market-0.24%
Asset type
1UK Gilts97.64%
2UK Fixed Interest2.51%
3Alternative Investment Strategies0.1%
4Money Market-0.24%
Individual holdings
1TREASURY 3.75% GILT 07/09/19 GBP0.018.24%
2TREASURY 5% GILT 07/03/18 GBP7.7%
3TREASURY 1.5 GILT 22/01/21 GBP0.016.54%
4TREASURY 3.75% GILT 07/09/21 GBP5.13%
5TREASURY 4.25% GILT 07/06/2032 GBP0.014%
6TREASURY 1.5% GILT 22/07/26 GBP0.013.92%
7TREASURY 4% GILT 22/01/60 GBP0.013.83%
8TREASURY 4.25% GILT 07/03/36 GBP0.013.71%
9TREASURY 4.5% GILT 7/12/42 GBP3.66%
Management
Fund manager group
Schroders
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund objective
The fund's investment objective is to achieve a high level of income with the potential for capital growth, from investment in a diversified portfolio of sterling denominated fixed interest securities. Investments will include British and other government securities, corporate obligations, Eurobonds, local authority loans, money market deposits and other sterling denominated fixed interest securities. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Benchmark
  • IA UK Gilt Sector Average
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
James Lindsay-Fynn17/03/2016
Thomas Sartain28/01/2013Thomas Sartain is UK & European Money Market & Government Bond Fund Manager, based in London.He Joined Schroders in 2005 as fund manager’s assistant on the global fixed income desk. His Financial Markets career commenced in 2003 upon joining Royal Bank of Scotland. He has BA (Hons) degree in Management and Business Administration, University of Reading.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Schroder Gilt & Fixed Interest A Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.57%
Bid price213.3
Offer price213.5
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUM31
Schroder Gilt & Fixed Interest A Inc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.57%
Bid price64.64
Offer price64.7
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUM30
Schroder Gilt & Fixed Interest Z Acc
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price213.7
Offer price213.9
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2OL
Schroder Gilt & Fixed Interest Z Inc
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price64.75
Offer price64.82
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE2OK
Data provided by

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