Fact sheet: Schroder ISF EURCrConv

Fund information
Fund name
Schroder ISF EURO Credit Conviction C Acc NAV EUR
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund managers
  • Patrick Vogelsince 18/12/2013
  • European Credit Teamsince 18/12/2013
Fund objective
The fund aims to provide capital growth and income by investing in bonds denominated in Euro issued by companies worldwide.
Benchmark
  • iBoxx EUR Corporates BBB index (TR)
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
8.1%
1 Year rank in sector
4/29
Sector
FO Fixed Int - EUR
Yield
2.5%
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.
0.7%
Fund size
£1,299m (£1,152m 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.
73
Top in this sector
Fund name1 Year
Nordea 1 European Fin Debt12.1%
CS 1Lux Ctgt Cap Eur12%
BNP Paribas FlxSecuritisation9.2%
Schroder ISF EURCrConv8.1%
Union Quoniam Sel SICV€Cr3.9%
...more in FO Fixed Int - EUR

Performance snapshot

Holdings snapshot

  • UK17.5%
    France15.4%
    Netherlands13.2%
    USA12.1%
    Spain8.2%
  • BBB60.8%
    A17.4%
    BB17.4%
    Non-Rated3.1%
    AAA1.6%
  • UK Fixed Interest17.6%
    French Fixed Interest15.4%
    Dutch Fixed Interest13.2%
    US Fixed Interest12.1%
    Spanish Fixed Interest8.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%1.9%4.8%8.1%18.2%-
Sector0.4%1.1%1.6%2%6.9%19.6%
Rank within sector7 / 295 / 293 / 294 / 291 / 27-
Quartile1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3.3%7.5%2.1%9.7%-
Sector0.8%2.6%0%7.7%1.5%
Rank within sector4 / 291 / 284 / 2613 / 27-
Quartile1st1st1st2nd
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.
2.69
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.
1.27
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.
0.63
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%.
3.7
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.
2.29
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.
1.45
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.
0.64
Price movement
52 week high124.51
52 week low115.06
Current bid price-
Current offer price-
Current mid price124.31
Region
1UK17.49%
2France15.35%
3Netherlands13.17%
4USA12.14%
5Spain8.2%
6Germany5.44%
7Ireland3.89%
8Belgium3.56%
9Switzerland2.62%
Industry sector
1BBB60.79%
2A17.43%
3BB17.35%
4Non-Rated3.13%
5AAA1.63%
6B1.49%
7Money Market0.52%
8AA-2.34%
Asset type
1UK Fixed Interest17.64%
2French Fixed Interest15.35%
3Dutch Fixed Interest13.17%
4US Fixed Interest12.14%
5Spanish Fixed Interest8.2%
6German Fixed Interest5.44%
7Irish Fixed Interest3.89%
8Belgian Fixed Interest3.56%
9Swiss Fixed Interest2.62%
Individual holdings
1SPAIN(KINGDOM OF) 3.8% BDS 30/04/24 EUR10001.79%
2DIGITAL EURO FINCO 2.625% BDS 15/04/24 EUR1000001.37%
3ZIGGO SEC FIN BV 4.25% SNR SEC NTS 15/01/27 EUR REG S1.37%
4YORKSHIRE BUILDING SOCIETY 1.25% NTS 17/03/22 EUR1000001.14%
5ROYAL BANK OF SCOTLAND GROUP PLC 2% MTN 08/03/23 EUR1000001.11%
6INMOBILIARIA COLONIAL SA 1.45% NTS 28/10/24 EUR11.09%
7FROMAGERIES BEL1.01%
8COVENTRY BUILDING SOCIETY 2.5% NTS 18/11/20 EUR1000000.99%
9BARCLAYS PLC 3.25% NTS 12/02/27 GBP1000000.96%
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 capital growth and income by investing in bonds denominated in Euro issued by companies worldwide.
Benchmark
  • iBoxx EUR Corporates BBB index (TR)
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Patrick Vogel18/12/2013Patrick started his investment career in 1994. He joined Schroders in August 2012. Prior to joining Schroders, Patrick worked at Legal & General Investment Management as Head of European Credit Portfolio Management from 2007. He also worked at Deutsche Bank as Senior Portfolio Manager from 2004, at Frankfurt-Trust as Portfolio Manager from 2000, at Patrick Vogel Bankberatung (Frankfurt am Main) as Consultant for banks in treasury management, asset management & financial innovations from 1999, at Baden-Wurttembergischen Bank AG, Stuttgart, as Global Trader from 1996, as Sales Trader at M.M. Warburg & Co from 1994. Partick graduated from Johann Wolfgang Goethe-Universitat, Frankfurt am Main with a Dipl-Kfm in Business Administration.
European Credit Team18/12/2013
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, Germany, Denmark, Spain, Finland, France, United Kingdom, Gibraltar, Greece, Iceland, Italy, Republic Of Korea, Luxembourg, Malta, Netherlands, Norway, Offshore, Poland, Portugal, Sweden
Schroder ISF EURO Credit Conviction A Acc EUR
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.33%
Bid price121.8204
Offer price125.588
Mid price-
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFDD
Schroder ISF EURO Credit Conviction A Acc NAV EUR
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price121.8204
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFDC
Schroder ISF EURO Credit Conviction A Dis EUR
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.33%
Bid price110.125
Offer price113.5309
Mid price-
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFFDF
Schroder ISF EURO Credit Conviction A Dis NAV EUR
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price110.125
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFFDE
Schroder ISF EURO Credit Conviction A Hedged Acc NAV PLN
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price519.9046
CurrencyPLN
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXEX
Schroder ISF EURO Credit Conviction A Hedged Acc PLN
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price519.9046
Offer price535.9841
Mid price-
CurrencyPLN
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXEY
Schroder ISF EURO Credit Conviction B Acc EUR
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.83%
Bid price119.7625
Offer price119.7625
Mid price-
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFDH
Schroder ISF EURO Credit Conviction B Acc NAV EUR
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.83%
Bid price-
Offer price-
Mid price119.7625
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFDG
Schroder ISF EURO Credit Conviction B Dis EUR
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.83%
Bid price107.3434
Offer price107.3434
Mid price-
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFFDJ
Schroder ISF EURO Credit Conviction B Dis NAV EUR
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.83%
Bid price-
Offer price-
Mid price107.3434
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFFDI
Schroder ISF EURO Credit Conviction C Acc EUR
Initial charge1%
Annual charge0.5%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.73%
Bid price124.3058
Offer price125.5614
Mid price-
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFDL
Schroder ISF EURO Credit Conviction C Acc NAV EUR
Initial charge1%
Annual charge0.5%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price124.3058
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFDK
Schroder ISF EURO Credit Conviction C Dis EUR
Initial charge1%
Annual charge0.5%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.73%
Bid price111.4474
Offer price112.5731
Mid price-
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFFDN
Schroder ISF EURO Credit Conviction C Dis NAV EUR
Initial charge1%
Annual charge0.5%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price111.4474
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFFDM
Schroder ISF EURO Credit Conviction 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)0.08%
Bid price127.1192
Offer price127.1192
Mid price-
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFDP
Schroder ISF EURO Credit Conviction 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)0.08%
Bid price-
Offer price-
Mid price127.1192
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFDO
Schroder ISF EURO Credit Conviction 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)0.06%
Total expense ratio (TER)0.08%
Bid price114.0376
Offer price114.0376
Mid price-
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFFDR
Schroder ISF EURO Credit Conviction 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)0.06%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price114.0376
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFFDQ
Schroder ISF EURO Credit Conviction IZ Acc EUR
Initial charge-
Annual charge0.5%
Min single investment£100,000,000
Min regular saving£20,000,000
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)0.66%
Bid price124.9287
Offer price124.9287
Mid price-
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJSJ
Schroder ISF EURO Credit Conviction IZ Acc NAV EUR
Initial charge-
Annual charge0.5%
Min single investment£100,000,000
Min regular saving£20,000,000
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price124.9287
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJSK
Data provided by

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