Fact sheet: Schroder ISF€CrAbsRet

Fund information
Fund name
Schroder ISF EURO Credit Absolute Return A Acc NAV EUR
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund managers
  • Patrick Vogelsince 11/11/2015
  • European Credit Teamsince 11/11/2015
Fund objective
The Fund aims to provide an absolute return of capital growth and income by investing in Euro-denominated bond markets.
Benchmark
  • EURIBOR 3 Month
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Absolute Return
Yield
0.2%
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.
1.56%
Fund size
£26m (£25m last year)
Top in this sector
Fund name1 Year
SW Mitchell Emerging European19.8%
Pioneer SICV-AbsRetBd14.7%
BlackRock SFAmDfEAbslRn12.6%
Polar Capital UK Abs Eq12.5%
Orbis Optimal SA11.7%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%1.7%2.4%---
Sector0.1%1.3%1.5%0.5%3.9%11%
Rank within sector85 / 13857 / 13744 / 135---
Quartile3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund2.8%----
Sector0.6%0.7%1.2%3.6%3.9%
Rank within sector34 / 132----
Quartile2nd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high102.94
52 week low98.46
Current bid price-
Current offer price-
Current mid price102.77
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Schroders
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to provide an absolute return of capital growth and income by investing in Euro-denominated bond markets.
Benchmark
  • EURIBOR 3 Month
Investment style
Absolute Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Patrick Vogel11/11/2015– Investment career started in 1994 – Joined Schroders in August 2012 – Prior to joining Schroders Patrick worked for the following companies: - 2007 – Legal & General Investment Management, Head of European Credit Portfolio Management - 2004 – Deutsche Bank, Senior Portfolio Manager - 2000 – Frankfurt-Trust, Portfolio Manager - 1999 – Patrick Vogel Bankberatung (Frankfurt am Main.), Consultant for banks in treasury management, asset management & financial innovations - 1996 – Baden-Wurttembergischen Bank AG Stuttgart, Global Trader - 1994 - M.M. Warburg & Co. Trader Sales – Dipl-Kfm, Business Administration from Johann Wolfgang Goethe-Universitat Frankfurt am Main
European Credit Team11/11/2015
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bulgaria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Gibraltar, Greece, Hungary, Italy, Luxembourg, Malta, Netherlands, Norway, Offshore, Poland, Sweden
Schroder ISF EURO Credit Absolute Return A Acc EUR
Initial charge3%
Annual charge1.2%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price102.7715
Offer price105.95
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE08A
Schroder ISF EURO Credit Absolute Return A Acc NAV EUR
Initial charge3%
Annual charge1.2%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.7715
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE07Z
Schroder ISF EURO Credit Absolute Return A Dis EUR
Initial charge3%
Annual charge1.2%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price101.7735
Offer price104.9211
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE08C
Schroder ISF EURO Credit Absolute Return A Dis NAV EUR
Initial charge3%
Annual charge1.2%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.7735
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE08B
Schroder ISF EURO Credit Absolute Return B Acc EUR
Initial charge-
Annual charge-
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.06%
Total expense ratio (TER)-
Bid price102.7353
Offer price102.7353
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC05P
Schroder ISF EURO Credit Absolute Return B Acc NAV EUR
Initial charge-
Annual charge-
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.7353
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC05Q
Schroder ISF EURO Credit Absolute Return B Dis EUR
Initial charge-
Annual charge-
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.06%
Total expense ratio (TER)-
Bid price101.7385
Offer price101.7385
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC05R
Schroder ISF EURO Credit Absolute Return B Dis NAV EUR
Initial charge-
Annual charge-
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.7385
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC05S
Schroder ISF EURO Credit Absolute Return C Acc EUR
Initial charge1%
Annual charge0.6%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)-
Bid price103.4462
Offer price104.4911
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE08G
Schroder ISF EURO Credit Absolute Return C Acc NAV EUR
Initial charge1%
Annual charge0.6%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.4462
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE08F
Schroder ISF EURO Credit Absolute Return C Dis EUR
Initial charge1%
Annual charge0.6%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)-
Bid price102.4495
Offer price103.4843
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE08E
Schroder ISF EURO Credit Absolute Return C Dis NAV EUR
Initial charge1%
Annual charge0.6%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.4495
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE08D
Schroder ISF EURO Credit Absolute Return I Acc EUR
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.11%
Total expense ratio (TER)-
Bid price104.1225
Offer price104.1225
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE07Y
Schroder ISF EURO Credit Absolute Return I Acc NAV EUR
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.1225
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE07X
Schroder ISF EURO Credit Absolute Return I Dis EUR
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.11%
Total expense ratio (TER)-
Bid price103.1063
Offer price103.1063
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE07W
Schroder ISF EURO Credit Absolute Return I Dis NAV EUR
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.1063
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE07V
Schroder ISF EURO Credit Absolute Return IZ Acc EUR
Initial charge-
Annual charge0.6%
Min single investment£100,000,000
Min regular saving£20,000,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price103.4833
Offer price103.4833
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE08I
Schroder ISF EURO Credit Absolute Return IZ Acc NAV EUR
Initial charge-
Annual charge0.6%
Min single investment£100,000,000
Min regular saving£20,000,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.4833
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE08H
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.