Fact sheet: Schroder ISF GCrDrHg

Fund information
Fund name
Schroder ISF Global Credit Duration Hedged C Acc EUR
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund managers
  • Wesley Sparkssince 22/03/2011
  • Rick Rezeksince 22/03/2011
Fund objective
To provide total return primarily through investment in credit and credit related instruments and other fixed and floating rate securities, cash and financial derivative instruments that together provide exposure to global credit markets. The Fund may have exposure to investment grade and sub-investment grade debt at any time. Whilst credit and credit related instruments of companies or sovereign issuers will form the majority of assets held, securities issued by governments, government agencies and supranational issuers may also be held from time to time.
Benchmark
  • EURIBOR 3 Month
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.9%
1 Year rank in sector
-
Sector
FO Fixed Int - Global
Yield
3%
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.
0.75%
Fund size
£64m (£33m 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.
21
Top in this sector
Fund name1 Year
LM WAHiYcrEn37.3%
Capital Group GHIOL31.5%
Dodge & Cox Global Bond24.7%
HSBC GIF Gbl AsBk Bd21.3%
CG Real Return18.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA64.5%
    UK5.9%
    Netherlands5.4%
    Ireland2.8%
    Not Specified2.5%
  • Industrials44%
    Financials31%
    Government Bonds11.5%
    Government Agency Bonds4.2%
    Others3.5%
  • US Fixed Interest63%
    UK Fixed Interest6.8%
    Dutch Fixed Interest5.4%
    Money Market4%
    Irish Fixed Interest2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%0%1.5%4.9%2.1%8.5%
Sector0%1.4%-0.5%3.9%6%11.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund0.1%4.5%-1.5%-0.2%2.5%
Sector1.2%4.6%-1.6%3.7%-1.6%
Rank within sector-----
Quartile
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.
-0.32
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.
0.58
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%.
3.63
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.
3.44
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.
-0.35
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.
0.2
Price movement
52 week high119.38
52 week low112.84
Current bid price118.58
Current offer price119.78
Current mid price-
Region
1USA64.46%
2UK5.9%
3Netherlands5.38%
4Ireland2.82%
5Not Specified2.51%
6France2.24%
7Mexico1.61%
8Canada1.54%
9Spain1.5%
Industry sector
1Industrials44%
2Financials31.01%
3Government Bonds11.47%
4Government Agency Bonds4.2%
5Others3.47%
6Utilities3.04%
7Mortgage & Secured Bonds1.56%
8Fixed Interest0.75%
9Asset/Mortgage-Backed Securities0.5%
Asset type
1US Fixed Interest62.99%
2UK Fixed Interest6.8%
3Dutch Fixed Interest5.38%
4Money Market3.96%
5Irish Fixed Interest2.82%
6French Fixed Interest2.24%
7Mexican Fixed Interest1.61%
8American Emerging Fixed Interest1.6%
9Canadian Fixed Interest1.54%
Individual holdings
1UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD1003.05%
2UNITED STATES OF AMER TREAS BILLS 0% TB 09/03/17 USD1001.47%
3UNITED STATES OF AMER TREAS BILLS 0% TB 20/07/17 USD1001.47%
4UNITED STATES OF AMER TREAS BONDS 1.75% BDS 15/11/26 USD1001.21%
5UNITED STATES OF AMER TREAS BONDS 1.125% BDS 31/07/21 USD1001.18%
6VERIZON COMMUNICATIONS INC 4.272% BDS 15/01/36 USD10001.12%
7MORGAN STANLEY 2.625% BDS 17/11/21 USD10001.1%
8ANHEUSER-BUSCH INBEV SA 3.3% BDS 01/02/23 USD10001.04%
9AT&T INC 5.15% BDS 15/03/42 USD10001.04%
Management
Fund manager group
Schroders
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund objective
To provide total return primarily through investment in credit and credit related instruments and other fixed and floating rate securities, cash and financial derivative instruments that together provide exposure to global credit markets. The Fund may have exposure to investment grade and sub-investment grade debt at any time. Whilst credit and credit related instruments of companies or sovereign issuers will form the majority of assets held, securities issued by governments, government agencies and supranational issuers may also be held from time to time.
Benchmark
  • EURIBOR 3 Month
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Wesley Sparks22/03/2011Wesley Sparks is Head of US Taxable Fixed Income. He joined Schroders in 2000. Prior to joining Schroders, Wesley worked with Aeltus Investment Management Inc. as Vice President and portfolio manager. He also worked at Trust Company of the West as Vice President and portfolio manager from 1996-1999. Prior to that, he worked at Fischer Francis Trees & Watts as an Assistant Portfolio Manager. His investment career commenced in 1988 when he joined Goldman Sachs as a Financial Analyst in Chicago before transferring to Goldman Sachs Asset Management in New York in 1989. He is a CFA charterholder who holds MBA in Finance from the Wharton School at the University of Pennsylvania, as well as BA degree from Economics Northwestern University.
Rick Rezek22/03/2011Rick Rezek is a Fixed Income portfolio manager and a member of the team responsible for managing all Multi-Sector portfolios including the Value portfolios. Rick is the lead portfolio manager for the Schroder ISF Global Corporate Bond and Schroder ISF Global Credit Duration Hedged. Rick is also a credit specialist portfolio manager for the Schroder Total Return Fixed Income Fund and Schroder ISF USD Bond, as well as several US and Global corporate mandates. Rick joined Schroders in 2013 following the acquisition of STW Fixed Income Management, where he had worked since 2002. At STW, Rick was Principal, Portfolio Manager and a member of the team responsible for managing $11 billion in Multi-Sector portfolios including Short Duration, Core, Long Duration and Tax-Aware strategies. Prior to that, Rick spent seven years as Vice President and Portfolio Manager at Loomis Sayles where he managed institutional Core Fixed Income accounts and was the senior member of the group's Corporate and Mortgage team. Before that, he was Vice President of the Wells Fargo Bank Investment Management Group and Vice President and Portfolio Manager at Duff & Phelps where he specialized in the management of discretionary and advisory investment-grade fixed income portfolios for institutional and individual investors. He is CFA Charter holder and is based in New York.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, IA Recognised, 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, Hong Kong, Hungary, Italy, Republic Of Korea, Luxembourg, Macau, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Sweden
Schroder ISF Global Credit Duration Hedged A Acc EUR
Initial charge3%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.09%
Bid price111.7625
Offer price115.2191
Mid price-
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTM95
Schroder ISF Global Credit Duration Hedged A Acc NAV EUR
Initial charge3%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price111.7625
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEIT4
Schroder ISF Global Credit Duration Hedged A Dis EUR
Initial charge3%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.09%
Bid price95.1103
Offer price98.0519
Mid price-
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0A72
Schroder ISF Global Credit Duration Hedged A Dis NAV EUR
Initial charge3%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price95.1103
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0A73
Schroder ISF Global Credit Duration Hedged A Hedged Acc NAV USD
Initial charge3%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price112.3048
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMYZ2
Schroder ISF Global Credit Duration Hedged A Hedged Acc USD
Initial charge3%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.09%
Bid price112.3048
Offer price115.7781
Mid price-
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMYZ1
Schroder ISF Global Credit Duration Hedged A Hedged Dis NAV USD
Initial charge3%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price90.6055
CurrencyUSD
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIXM2
Schroder ISF Global Credit Duration Hedged A Hedged Dis USD
Initial charge3%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.09%
Bid price90.6055
Offer price93.4077
Mid price-
CurrencyUSD
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIXM1
Schroder ISF Global Credit Duration Hedged A1 Acc EUR
Initial charge2%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.54%
Bid price107.5661
Offer price109.7613
Mid price-
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTM13
Schroder ISF Global Credit Duration Hedged A1 Acc NAV EUR
Initial charge2%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price107.5661
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEIT5
Schroder ISF Global Credit Duration Hedged A1 Dis EUR
Initial charge2%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.54%
Bid price91.6677
Offer price93.5385
Mid price-
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0A74
Schroder ISF Global Credit Duration Hedged A1 Dis NAV EUR
Initial charge2%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price91.6677
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0A75
Schroder ISF Global Credit Duration Hedged A1 Hedged Acc NAV USD
Initial charge2%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price111.52
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeINS0
Schroder ISF Global Credit Duration Hedged A1 Hedged Acc USD
Initial charge2%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.54%
Bid price111.52
Offer price113.7959
Mid price-
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeINR9
Schroder ISF Global Credit Duration Hedged B Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.59%
Bid price105.849
Offer price105.849
Mid price-
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTM10
Schroder ISF Global Credit Duration Hedged B Acc NAV EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price105.849
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEIT6
Schroder ISF Global Credit Duration Hedged B Dis EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.59%
Bid price90.1917
Offer price90.1917
Mid price-
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0A76
Schroder ISF Global Credit Duration Hedged B Dis NAV EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price90.1917
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0A77
Schroder ISF Global Credit Duration Hedged C Acc EUR
Initial charge1%
Annual charge0.5%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.74%
Bid price118.5796
Offer price119.7774
Mid price-
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTM11
Schroder ISF Global Credit Duration Hedged 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)0.75%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price118.5796
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEIT7
Schroder ISF Global Credit Duration Hedged C Dis EUR
Initial charge1%
Annual charge0.5%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.74%
Bid price73.4082
Offer price74.1497
Mid price-
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeTM15
Schroder ISF Global Credit Duration Hedged 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)0.75%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price73.4082
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEIT8
Schroder ISF Global Credit Duration Hedged 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)0.09%
Bid price130.7267
Offer price130.7267
Mid price-
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTM14
Schroder ISF Global Credit Duration Hedged 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)0.09%
Bid price-
Offer price-
Mid price130.7267
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEIT9
Schroder ISF Global Credit Duration Hedged 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)0.09%
Bid price100.0274
Offer price100.0274
Mid price-
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIWB7
Schroder ISF Global Credit Duration Hedged 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)0.09%
Bid price-
Offer price-
Mid price100.0274
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIWB8
Schroder ISF Global Credit Duration Hedged I Hedged Acc GBP
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)0.09%
Bid price122.5197
Offer price122.5197
Mid price-
CurrencyGBP
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLQ7
Schroder ISF Global Credit Duration Hedged I Hedged Acc NAV GBP
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)0.09%
Bid price-
Offer price-
Mid price122.5197
CurrencyGBP
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLQ8
Schroder ISF Global Credit Duration Hedged I Hedged Acc NAV USD
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)0.09%
Bid price-
Offer price-
Mid price123.2462
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLQ6
Schroder ISF Global Credit Duration Hedged I Hedged Acc USD
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)0.09%
Bid price123.2462
Offer price123.2462
Mid price-
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLQ5
Schroder ISF Global Credit Duration Hedged I Hedged Dis GBP
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)0.09%
Bid price92.5825
Offer price92.5825
Mid price-
CurrencyGBP
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeICE1
Schroder ISF Global Credit Duration Hedged I Hedged Dis NAV GBP
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)0.09%
Bid price-
Offer price-
Mid price92.5825
CurrencyGBP
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeICE2
Data provided by

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