Fact sheet: Schroder ISF EURO ST Bd

Fund information
Fund name
Schroder ISF EURO Short Term Bond A1 Acc NAV
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund managers
  • James Lindsay-Fynnsince 31/07/2012
  • James Ringersince 25/08/2016
  • Thomas Sartainsince 31/07/2012
Fund objective
To provide a return of capital growth and income primarily through investment in a portfolio of short term bonds and other fixed and floating rate securities denominated in Euro and issued by governments, government agencies, supra-national and corporate issuers worldwide. The average maturity of the securities held in the portfolio must not exceed three years, whereas the residual maturity of any such security must not exceed five years. The Fund also has the flexibility to implement long and short active currency positions either via currency forwards or via the above instruments.
Benchmark
  • Citi European Monetary Union Government Bond 1-3y
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-0.6%
1 Year rank in sector
28/30
Sector
FO Fixed Int - EUR Short/ Medium Maturity
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.
1.16%
Fund size
£940m (£882m 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.
67
Top in this sector
Fund name1 Year
Boost Bund 10Y 3x Leverage Dly ETP12.8%
Petercam L Bds EUR HiYldShtTm4.1%
Pictet EUR Sht Trm Hgh Yld2.9%
Dimensional € I L ItrDrFxI2.5%
Oddo Cmp Eur CrShDur2.1%
...more in FO Fixed Int - EUR Short/ Medium Maturity

Performance snapshot

Holdings snapshot

  • Italy25.3%
    France19.5%
    Spain15.3%
    USA10.9%
    Sweden5.1%
  • Government Bonds46.9%
    Financials22.8%
    Government Agency Bonds11.4%
    Fixed Interest6%
    Industrials5.2%
  • Italian Fixed Interest25.3%
    French Fixed Interest19.5%
    Spanish Fixed Interest15.3%
    US Fixed Interest10.9%
    Swedish Fixed Interest5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-0.6%-0.6%-0.6%0.4%5.6%
Sector-0.3%-0.7%-0.1%0.6%4.4%11.9%
Rank within sector11 / 3021 / 3026 / 3028 / 3026 / 2817 / 23
Quartile2nd3rd4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.6%-0.1%1.2%0.9%3.9%
Sector0.8%0.2%3.4%1%5.3%
Rank within sector28 / 3018 / 2919 / 2817 / 2416 / 23
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.
-0.45
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.
0.42
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
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%.
0.58
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.
0.72
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.
-1.75
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.
0.55
Price movement
52 week high6.81
52 week low6.75
Current bid price-
Current offer price-
Current mid price6.76
Region
1Italy25.31%
2France19.53%
3Spain15.33%
4USA10.86%
5Sweden5.12%
6UK4.61%
7Luxembourg3.22%
8Not Specified2.82%
9International2.8%
Industry sector
1Government Bonds46.92%
2Financials22.76%
3Government Agency Bonds11.41%
4Fixed Interest6.02%
5Industrials5.18%
6Mortgage & Secured Bonds4.68%
7Others1.75%
8Local Government Bonds1.28%
Asset type
1Italian Fixed Interest25.31%
2French Fixed Interest19.53%
3Spanish Fixed Interest15.33%
4US Fixed Interest10.86%
5Swedish Fixed Interest5.12%
6UK Fixed Interest4.61%
7Luxembourg Fixed Interest3.22%
8Supranational Fixed Interest2.8%
9German Fixed Interest2.74%
Individual holdings
1ITALY(REPUBLIC OF) 0.65% BDS 01/11/20 EUR10005.88%
2SPAIN(KINGDOM OF) 0.55% NTS 30/11/19 EUR1000REG S5.79%
3ITALY(REPUBLIC OF) 3.5% NTS 01/12/18 EUR10004.96%
4Italy Buoni Poliennali Del Tesoro4.4%
5ITALY(REPUBLIC OF) 1.15% BDS 15/05/17 EUR10004.1%
6SPAIN(KINGDOM OF) 4.3% BDS 31/10/19 EUR10003.4%
7SPAIN(KINGDOM OF) 0.5% BDS 31/10/17 EUR10003.27%
8FRANCE(GOVT OF) 0.25% BDS 25/07/18 EUR12.86%
9FRANCE(GOVT OF) 1% NTS 25/05/18 EUR12.74%
Management
Fund manager group
Schroders
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund objective
To provide a return of capital growth and income primarily through investment in a portfolio of short term bonds and other fixed and floating rate securities denominated in Euro and issued by governments, government agencies, supra-national and corporate issuers worldwide. The average maturity of the securities held in the portfolio must not exceed three years, whereas the residual maturity of any such security must not exceed five years. The Fund also has the flexibility to implement long and short active currency positions either via currency forwards or via the above instruments.
Benchmark
  • Citi European Monetary Union Government Bond 1-3y
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
James Lindsay-Fynn31/07/2012
James Ringer25/08/2016
Thomas Sartain31/07/2012Thomas 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
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
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, Singapore, Sweden, Taiwan - Province Of China
Schroder ISF EURO Short Term Bond A Acc
Initial charge3%
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.66%
Bid price7.2352
Offer price7.459
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSS77
Schroder ISF EURO Short Term Bond A Acc NAV
Initial charge3%
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price7.2352
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAXQ6
Schroder ISF EURO Short Term Bond A Dis
Initial charge3%
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.66%
Bid price4.2317
Offer price4.3626
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeSS38
Schroder ISF EURO Short Term Bond A Dis NAV
Initial charge3%
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price4.2317
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAXQ7
Schroder ISF EURO Short Term Bond A1 Acc
Initial charge2%
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.16%
Bid price6.7573
Offer price6.8952
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIZ42
Schroder ISF EURO Short Term Bond A1 Acc NAV
Initial charge2%
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price6.7573
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAXQ8
Schroder ISF EURO Short Term Bond B Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price7.1025
Offer price7.1025
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSS78
Schroder ISF EURO Short Term Bond B Acc NAV
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price7.1025
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAXQ9
Schroder ISF EURO Short Term Bond B Dis
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price4.2277
Offer price4.2277
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeSS39
Schroder ISF EURO Short Term Bond B Dis NAV
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price4.2277
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAXR0
Schroder ISF EURO Short Term Bond C Acc
Initial charge1%
Annual charge0.2%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)0.34%
Bid price7.66
Offer price7.7374
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeSS79
Schroder ISF EURO Short Term Bond C Acc NAV
Initial charge1%
Annual charge0.2%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)0.34%
Bid price-
Offer price-
Mid price7.66
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAXR2
Schroder ISF EURO Short Term Bond C Dis
Initial charge1%
Annual charge0.2%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)0.34%
Bid price3.1703
Offer price3.2023
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeSS40
Schroder ISF EURO Short Term Bond C Dis NAV
Initial charge1%
Annual charge0.2%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)0.34%
Bid price-
Offer price-
Mid price3.1703
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeAXR3
Schroder ISF EURO Short Term Bond I Acc
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 price7.9678
Offer price7.9678
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeUV51
Schroder ISF EURO Short Term Bond I Acc NAV
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 price7.9678
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAXR4
Data provided by

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