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
2.9%
1 Year rank in sector
-
Sector
FO Fixed Int - Global
Yield
2.7%
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
£35m (£66m 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.
22
Top in this sector
Fund name1 Year
Capital Group GHIOL32.5%
Dodge & Cox Global Bond27.4%
HSBC GIF Gbl AsBk Bd24.3%
Russell Gbl Bd24.3%
Morg Stnly Gbl Mrtg Securts23.5%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA54.3%
    Not Specified11.1%
    Netherlands5.8%
    UK4.8%
    Mexico2.6%
  • Industrials40.9%
    Financials28.8%
    Others10.2%
    Government Bonds8.9%
    Utilities4.9%
  • US Fixed Interest54.3%
    Money Market8.6%
    UK Fixed Interest6.6%
    Dutch Fixed Interest5.8%
    American Emerging Fixed Interest2.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%0.5%2%2.9%3.3%11.9%
Sector-1.9%-2.1%0.9%2.9%5.6%14.2%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund3.9%-1.5%-0.2%2.5%6.3%
Sector3.9%-1.6%3.7%-1.6%8.2%
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.
-0.49
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.
0.71
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%.
3.72
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.
3.33
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.
-0.36
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.
0.23
Price movement
52 week high118.09
52 week low107.94
Current bid price117.79
Current offer price118.98
Current mid price-
Region
1USA54.33%
2Not Specified11.12%
3Netherlands5.84%
4UK4.76%
5Mexico2.57%
6France2.48%
7Ireland1.95%
8Jersey1.85%
9Cayman Islands1.29%
Industry sector
1Industrials40.91%
2Financials28.81%
3Others10.22%
4Government Bonds8.92%
5Utilities4.89%
6Government Agency Bonds2.89%
7Asset/Mortgage-Backed Securities0.95%
8Fixed Interest0.8%
9Mortgage & Secured Bonds0.79%
Asset type
1US Fixed Interest54.33%
2Money Market8.64%
3UK Fixed Interest6.62%
4Dutch Fixed Interest5.84%
5American Emerging Fixed Interest2.59%
6Mexican Fixed Interest2.57%
7French Fixed Interest2.48%
8Alternative Investment Strategies2%
9Irish Fixed Interest1.95%
Individual holdings
1UNITED STATES OF AMER TREAS BONDS 1.125% BDS 31/07/21 USD1002.11%
2AMERICAN TOWER CORP 2.8% BDS 01/06/20 USD10001.57%
3SEMPRA ENERGY CORP 2.4% MTN 15/03/20 USD10001.32%
4COOPERATIEVE RABOBANK UA 11.00% BDS 31/12/49 USD1000`144A`1.23%
5UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD1001.21%
6GOLDMAN SACHS GROUP INC FRN 29/11/23 USD10001.18%
7VENTAS REALTY LP 3.5% BDS 01/02/25 USD10001.18%
8UBS GROUP FUNDING (JERSEY) LTD 3% BDS 15/04/21 USD2000001.05%
9DEVON ENERGY CORP 3.25% BDS 15/05/22 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 price111.1439
Offer price114.5813
Mid price-
CurrencyEUR
Price updated01/12/2016
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 price111.1439
CurrencyEUR
Price updated01/12/2016
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 price95.299
Offer price98.2464
Mid price-
CurrencyEUR
Price updated01/12/2016
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 price95.299
CurrencyEUR
Price updated01/12/2016
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 price111.1323
CurrencyUSD
Price updated01/12/2016
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 price111.1323
Offer price114.5694
Mid price-
CurrencyUSD
Price updated01/12/2016
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 price92.5431
CurrencyUSD
Price updated01/12/2016
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 price92.5431
Offer price95.4053
Mid price-
CurrencyUSD
Price updated01/12/2016
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 price107.1245
Offer price109.3107
Mid price-
CurrencyEUR
Price updated01/12/2016
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 price107.1245
CurrencyEUR
Price updated01/12/2016
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 price91.9817
Offer price93.8589
Mid price-
CurrencyEUR
Price updated01/12/2016
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 price91.9817
CurrencyEUR
Price updated01/12/2016
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 price110.5143
CurrencyUSD
Price updated01/12/2016
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 price110.5143
Offer price112.7697
Mid price-
CurrencyUSD
Price updated01/12/2016
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 price105.4318
Offer price105.4318
Mid price-
CurrencyEUR
Price updated01/12/2016
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 price105.4318
CurrencyEUR
Price updated01/12/2016
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 price90.5149
Offer price90.5149
Mid price-
CurrencyEUR
Price updated01/12/2016
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 price90.5149
CurrencyEUR
Price updated01/12/2016
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 price117.7897
Offer price118.9795
Mid price-
CurrencyEUR
Price updated01/12/2016
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 price117.7897
CurrencyEUR
Price updated01/12/2016
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 price75.4168
Offer price76.1786
Mid price-
CurrencyEUR
Price updated01/12/2016
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 price75.4168
CurrencyEUR
Price updated01/12/2016
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)0.1%
Total expense ratio (TER)0.09%
Bid price129.6094
Offer price129.6094
Mid price-
CurrencyEUR
Price updated01/12/2016
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)0.1%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price129.6094
CurrencyEUR
Price updated01/12/2016
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)0.1%
Total expense ratio (TER)0.09%
Bid price99.8017
Offer price99.8017
Mid price-
CurrencyEUR
Price updated01/12/2016
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)0.1%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price99.8017
CurrencyEUR
Price updated01/12/2016
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)0.1%
Total expense ratio (TER)0.09%
Bid price121.1228
Offer price121.1228
Mid price-
CurrencyGBP
Price updated01/12/2016
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)0.1%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price121.1228
CurrencyGBP
Price updated01/12/2016
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)0.1%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price121.5729
CurrencyUSD
Price updated01/12/2016
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)0.1%
Total expense ratio (TER)0.09%
Bid price121.5729
Offer price121.5729
Mid price-
CurrencyUSD
Price updated01/12/2016
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)0.1%
Total expense ratio (TER)0.09%
Bid price92.0952
Offer price92.0952
Mid price-
CurrencyGBP
Price updated01/12/2016
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)0.1%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price92.0952
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeICE2
Data provided by

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