Fact sheet: Schroder ISF RMB FixInc

Fund information
Fund name
Schroder ISF RMB Fixed Income A Acc NAV CNH
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund managers
  • Rajeev De Mellosince 07/11/2012
  • Angus Huisince 07/11/2012
Fund objective
To provide a long term return of capital growth and income in RMB terms.
Benchmark
  • HSBC Offshore (CNH) Renminbi Investment Grade Bond Total Return (RMB)
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.1%
1 Year rank in sector
-
Sector
FO Fixed Int - Asia Pacific
Yield
2.4%
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.
1.1%
Fund size
£248m (£303m 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.
65
Top in this sector
Fund name1 Year
Aberdeen Gbl AsLCuShDuBd24.4%
LM WAAsnOpp15%
Eastspring Inv AnLlBd14.4%
Fidelity Asian Hi Yd14.3%
Threadneedle (L)FlexAsnBd14.1%
...more in FO Fixed Int - Asia Pacific

Performance snapshot

Holdings snapshot

  • China43.4%
    Not Specified16.6%
    British Virgin Islands9%
    France6.6%
    Hong Kong6.2%
  • Others77.6%
    Government Bonds11.1%
    Financials8.8%
    Industrials2.5%
  • Chinese Fixed Interest43.4%
    American Emerging Fixed Interest9%
    Others8%
    Global Fixed Interest7.1%
    French Fixed Interest6.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%1.4%3.6%5.1%9.2%-
Sector0.1%3.5%5.5%9.7%10.9%20.1%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund3.9%1.7%2.5%1.7%-
Sector8.5%-2%3.7%-3.3%11.1%
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.
2.03
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.
0.27
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
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%.
1.87
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.
3.49
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.
-0.29
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.
0.39
Price movement
52 week high665.58
52 week low629.58
Current bid price-
Current offer price-
Current mid price662.21
Region
1China43.44%
2Not Specified16.56%
3British Virgin Islands9.01%
4France6.62%
5Hong Kong6.25%
6Korea5.32%
7Australia4.58%
8Singapore2.08%
9New Zealand2.04%
Industry sector
1Others77.6%
2Government Bonds11.14%
3Financials8.81%
4Industrials2.46%
Asset type
1Chinese Fixed Interest43.44%
2American Emerging Fixed Interest9.01%
3Others8.04%
4Global Fixed Interest7.1%
5French Fixed Interest6.62%
6Hong Kong Fixed Interest6.25%
7South Korean Fixed Interest5.32%
8Australian Fixed Interest4.58%
9Singapore Fixed Interest2.08%
Individual holdings
1SCHRODER CHINA FIXED INCOME FUND8.06%
2CHINA(PEOPLE`S REPUBLIC OF) 3.28% BDS 02/06/19 CNY10000004.56%
3FUBON BANK (HONG KONG) LTD 3.8% BDS 22/05/21 CNY5000004.26%
4FUBON BANK (HONG KONG) LTD 3.1% BDS 29/06/22 CNY5000004.1%
5RENAULT 4.375% BDS 11/12/17 CNY10000003.71%
6SINOCHEM OFFSHORE CAPITAL CO LTD 3.55% NTS 13/05/17 CNY13.7%
7WHARF FINANCE LTD 4% BDS 27/03/18 HKD100003.34%
8STARWAY ASSETS ENTERPRISES INC. 4.1% BDS 22/01/17 CNY10000003.27%
9CHINA(PEOPLE`S REPUBLIC OF) 3.3% BDS 04/07/23 CNY5000003.11%
Management
Fund manager group
Schroders
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund objective
To provide a long term return of capital growth and income in RMB terms.
Benchmark
  • HSBC Offshore (CNH) Renminbi Investment Grade Bond Total Return (RMB)
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Rajeev De Mello07/11/2012Rajeev De Mello is Head of Asian Fixed Income, based in Singapore. He joined Schroders in July 2011. He previously worked at Western Asset Management as Senior Investment Officer, Country Head of Singapore, and member of the Global Investment Strategy Committee. Prior to that, he was Head of Asian Fixed Income at Pictet Asset Management. Until 2005, he was Head of Fixed Income with specific responsibilities for European bonds and Global bonds. He joined Pictet in 1999 to manage European aggregate bond strategies. Other positions held include Head of Asian Bond Trading at UBS (Warburg Dillon Read) Hong Kong, Consultant at McKinsey & Company and Trader in currencies and precious metals options at United Overseas Bank (BNP) and Credit Suisse First Boston. His investment career commenced in 1987. MBA, Georgetown University. Bachelor of Science in Economics (Honors), London School of Economics.
Angus Hui07/11/2012Angus Hui, CFA , Portfolio Manager. Currently a portfolio manager responsible for credit investments in Asia (ex Japan), based in Hong Kong. Commenced Asian bond credit portfolio management in 2005. Joined Schroder Investment Management (Hong Kong) Limited in 2000 as a credit analyst researching Asian high yield and high grade credits with portfolio management responsibilities for Hong Kong and global bond portfolios. Prior to joining Schroders, Angus worked for HSBC in Hong Kong as a credit analyst in the Asian fixed income research team. Investment career commenced in 1997 with Standard & Poor’s in Australia. Chartered Financial Analyst. Bachelor of Commerce and Master of Commerce with First Class Honours, University of Melbourne.
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, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Italy, Republic Of Korea, Luxembourg, Netherlands, Norway, Offshore, Sweden
Schroder ISF RMB Fixed Income A Acc CNH
Initial charge3.09%
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)1.1%
Bid price662.2059
Offer price682.6865
Mid price-
CurrencyCNH
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3AD
Schroder ISF RMB Fixed Income 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)1.1%
Bid price117.1559
Offer price120.7793
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3AE
Schroder ISF RMB Fixed Income A Acc NAV CNH
Initial charge3.09%
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)1.1%
Bid price-
Offer price-
Mid price662.2059
CurrencyCNH
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF39P
Schroder ISF RMB Fixed Income 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)1.1%
Bid price-
Offer price-
Mid price117.1559
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF39T
Schroder ISF RMB Fixed Income A 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)1.1%
Bid price-
Offer price-
Mid price103.0658
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF39W
Schroder ISF RMB Fixed Income A 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)1.1%
Bid price103.0658
Offer price106.2534
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3AF
Schroder ISF RMB Fixed Income C Acc CNH
Initial charge1.01%
Annual charge0.38%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.63%
Bid price674.6802
Offer price681.4952
Mid price-
CurrencyCNH
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3AG
Schroder ISF RMB Fixed Income C Acc EUR
Initial charge1%
Annual charge0.37%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.63%
Bid price119.3158
Offer price120.521
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3AH
Schroder ISF RMB Fixed Income C Acc NAV CNH
Initial charge1.01%
Annual charge0.38%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price674.6802
CurrencyCNH
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF39Q
Schroder ISF RMB Fixed Income C Acc NAV EUR
Initial charge1%
Annual charge0.37%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price119.3158
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF39U
Schroder ISF RMB Fixed Income C Acc NAV USD
Initial charge1%
Annual charge0.37%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price104.9215
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF39X
Schroder ISF RMB Fixed Income C Acc USD
Initial charge1%
Annual charge0.37%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.63%
Bid price104.9215
Offer price105.9813
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3AI
Schroder ISF RMB Fixed Income C Dis NAV USD
Initial charge1%
Annual charge0.37%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price95.359
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF3AA
Schroder ISF RMB Fixed Income C Dis USD
Initial charge1%
Annual charge0.37%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.63%
Bid price95.359
Offer price96.3222
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF3AJ
Schroder ISF RMB Fixed Income E Acc CNH
Initial charge1.01%
Annual charge0.19%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.44%
Total expense ratio (TER)0.44%
Bid price679.5045
Offer price686.3682
Mid price-
CurrencyCNH
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3AK
Schroder ISF RMB Fixed Income E Acc NAV CNH
Initial charge1.01%
Annual charge0.19%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.44%
Total expense ratio (TER)0.44%
Bid price-
Offer price-
Mid price679.5045
CurrencyCNH
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF39R
Schroder ISF RMB Fixed Income E Acc NAV USD
Initial charge1%
Annual charge0.18%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.44%
Total expense ratio (TER)0.44%
Bid price-
Offer price-
Mid price105.7425
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF39Y
Schroder ISF RMB Fixed Income E Acc USD
Initial charge1%
Annual charge0.18%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.44%
Total expense ratio (TER)0.44%
Bid price105.7425
Offer price106.8106
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3AL
Schroder ISF RMB Fixed Income I Acc CNH
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)0.1%
Bid price687.8872
Offer price687.8872
Mid price-
CurrencyCNH
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3AM
Schroder ISF RMB Fixed Income 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)0.1%
Bid price121.7034
Offer price121.7034
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3AN
Schroder ISF RMB Fixed Income I Acc NAV CNH
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)0.1%
Bid price-
Offer price-
Mid price687.8872
CurrencyCNH
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF39S
Schroder ISF RMB Fixed Income 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)0.1%
Bid price-
Offer price-
Mid price121.7034
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF39V
Schroder ISF RMB Fixed Income I 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)0.1%
Bid price-
Offer price-
Mid price107.0436
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF39Z
Schroder ISF RMB Fixed Income I 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)0.1%
Bid price107.0436
Offer price107.0436
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3AO
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.