Fact sheet: Schroder ISF EUR Lq

Fund information
Fund name
Schroder ISF EURO Liquidity A1 Acc NAV EUR
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund managers
  • Jamie Fairestsince 28/01/2013
Fund objective
To provide liquidity and current income, to the extent consistent with the preservation of capital, through investment in high quality short-term fixed income securities that are denominated in Euro, provided that (i) at the time of acquisition, the average initial or residual maturity of all such securities held in the portfolio does not exceed 12 months, taking into account any financial instruments connected therewith, or (ii) the terms and conditions governing those securities provide that the applicable interest rate is adjusted at least annually on the basis of market conditions.
Benchmark
  • Citi EUR 1m Eurodeposit LC TR
Investment style
Liquidity
Investment method
Short Dated Bonds
Quick stats
1 Year return
-0.7%
1 Year rank in sector
55/57
Sector
FO Currency - Euro
Yield
-
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.
0.69%
Fund size
£691m (£944m 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.
62
Top in this sector
Fund name1 Year
Amundi Abs Euro Taux Court2.4%
BNP Paribas Sht Tm Eurpn Secrtn1.1%
Petercam L Liq EUR&FRN0.8%
Hume Caut MA €0.6%
SG Pvt Bank Accent Euro Cash0.5%
...more in FO Currency - Euro

Performance snapshot

Holdings snapshot

  • Not Specified70.5%
    Canada8.5%
    Netherlands5.6%
    Australia4.3%
    France4.2%
  • Others96.4%
    Financials3.6%
  • Global Short Maturity Fixed Interest71.8%
    Canadian Fixed Interest8.5%
    Australian Fixed Interest4.3%
    French Fixed Interest4.2%
    Dutch Fixed Interest4.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-0.2%-0.4%-0.7%-1.6%-1.5%
Sector-0.1%-0.1%-0.2%-0.2%-0.1%0.3%
Rank within sector56 / 5952 / 5856 / 5855 / 5752 / 5440 / 43
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-0.5%-0.6%-0.4%-0.5%0.3%
Sector-0.2%-0.1%0.1%0%0.3%
Rank within sector54 / 5851 / 5451 / 5348 / 5018 / 45
Quartile4th4th4th4th2nd
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.
-0.55
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.
0.07
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%.
0.09
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.
0.14
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.
-4.06
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.
0.01
Price movement
52 week high115.87
52 week low115.08
Current bid price-
Current offer price-
Current mid price115.08
Region
1Not Specified70.48%
2Canada8.46%
3Netherlands5.61%
4Australia4.35%
5France4.21%
6UK2.47%
7USA1.96%
8Switzerland0.87%
9Sweden0.87%
Industry sector
1Others96.4%
2Financials3.6%
Asset type
1Global Short Maturity Fixed Interest71.75%
2Canadian Fixed Interest8.46%
3Australian Fixed Interest4.35%
4French Fixed Interest4.21%
5Dutch Fixed Interest4.16%
6UK Fixed Interest2.47%
7US Fixed Interest1.96%
8Swiss Fixed Interest0.87%
9Swedish Fixed Interest0.87%
Individual holdings
1DANSKE BANK3.62%
2DEXIA CREDIT LOCAL3.34%
3ABBEY NATIONAL TREASURY SERVICES2.9%
4NATIONAL BANK OF ABU DHABI2.89%
5SOCIETE GENERALE2.89%
6BANK OF MONTREAL FLTG RTE DEP NTS 04/11/16 EUR1000002.73%
7SKANDINAVISKA ENSKILDA BANKEN2.61%
8SVENSKA HANDELSBANKEN AB2.61%
9THE TORONTO-DOMINION BANK2.61%
Management
Fund manager group
Schroders
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund objective
To provide liquidity and current income, to the extent consistent with the preservation of capital, through investment in high quality short-term fixed income securities that are denominated in Euro, provided that (i) at the time of acquisition, the average initial or residual maturity of all such securities held in the portfolio does not exceed 12 months, taking into account any financial instruments connected therewith, or (ii) the terms and conditions governing those securities provide that the applicable interest rate is adjusted at least annually on the basis of market conditions.
Benchmark
  • Citi EUR 1m Eurodeposit LC TR
Investment style
Liquidity
Investment method
Short Dated Bonds
Fund managers
NameSinceBiography
Jamie Fairest28/01/2013Jamie Fairest is Multi Sector Fixed Income Fund Manager, based in London. He joined Schroders in 2006 as a Fund Managers Assistant. Later on, he moved to the multi sector bond team in 2007. His finance career commenced in 2002 when he joined Barclays Investment Management. He holds a BA (Hons) in Finance from Sheffield Hallam University.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bulgaria, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Gibraltar, Greece, Hong Kong, Hungary, Italy, Republic Of Korea, Luxembourg, Macau, Netherlands, Norway, Offshore, Peru, Poland, Portugal, Sweden, Taiwan - Province Of China
Schroder ISF EURO Liquidity A Acc EUR
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)0.59%
Bid price120.5893
Offer price120.5893
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBQ12
Schroder ISF EURO Liquidity A Acc NAV EUR
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)0.59%
Bid price-
Offer price-
Mid price120.5893
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAXL4
Schroder ISF EURO Liquidity A1 Acc EUR
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.69%
Bid price115.0835
Offer price115.0835
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBQ13
Schroder ISF EURO Liquidity A1 Acc NAV EUR
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.69%
Bid price-
Offer price-
Mid price115.0835
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAXL5
Schroder ISF EURO Liquidity B Acc EUR
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.69%
Bid price118.8101
Offer price118.8101
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBQ14
Schroder ISF EURO Liquidity B Acc NAV EUR
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.69%
Bid price-
Offer price-
Mid price118.8101
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAXL6
Schroder ISF EURO Liquidity C Acc EUR
Initial charge-
Annual charge0.2%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)0.27%
Bid price126.5236
Offer price126.5236
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBQ17
Schroder ISF EURO Liquidity C Acc NAV EUR
Initial charge-
Annual charge0.2%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)0.27%
Bid price-
Offer price-
Mid price126.5236
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAXL8
Schroder ISF EURO Liquidity 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)0.06%
Total expense ratio (TER)0.06%
Bid price130.2434
Offer price130.2434
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeUV59
Schroder ISF EURO Liquidity 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)0.06%
Total expense ratio (TER)0.06%
Bid price-
Offer price-
Mid price130.2434
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAXL9
Data provided by

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