Fact sheet: Schroder ISFGbHiIBd

Fund information
Fund name
Schroder ISF Global High Income Bond A Acc USD
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund managers
  • Martha Metcalfsince 31/05/2012
  • James Barrineausince 31/05/2012
Fund objective
To provide a high income return primarily through investment in a portfolio of bonds and other fixed and floating rate debt securities denominated in various currencies issued by governments, government agencies, supra-national and corporate issuers worldwide.
Benchmark
  • Global High Income Bond Composite
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
23.8%
1 Year rank in sector
-
Sector
FO Fixed Int - Global High Yield
Yield
5.5%
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.
1.38%
Fund size
£56m (£47m 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.
93
Top in this sector
Fund name1 Year
Pioneer SICV-Gbl Hi Yld37.8%
Franklin High Yield26.7%
Schroder ISFGbHiIBd23.8%
Oyster Global High Yield23.4%
Nomura Gbl Hgh Yld Bd23.2%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • USA24.2%
    Mexico8.4%
    Brazil6.3%
    Netherlands5.3%
    Argentina4.8%
  • Government Bonds41.4%
    Industrials37.2%
    Government Agency Bonds9.5%
    Financials4.5%
    Local Government Bonds3.9%
  • US Fixed Interest24.2%
    American Emerging Fixed Interest19.7%
    Mexican Fixed Interest8.4%
    European Emerging Fixed Interest8.2%
    Brazilian Fixed Interest6.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%6.8%3.1%23.8%13.4%20.9%
Sector0.8%3.7%3.7%16.1%10.5%29.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund3.7%16.9%-6.5%-1.8%0.6%
Sector1.6%11.4%-2.5%1.4%5.2%
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.
-1.6
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.
1.69
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.
0.06
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%.
9.14
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.
5.38
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.
0.1
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.
0.78
Price movement
52 week high123.3
52 week low99.64
Current bid price122.82
Current offer price126.62
Current mid price-
Region
1USA24.22%
2Mexico8.42%
3Brazil6.3%
4Netherlands5.34%
5Argentina4.78%
6Colombia4.27%
7Ukraine4.24%
8Cayman Islands3.53%
9Turkey3.34%
Industry sector
1Government Bonds41.4%
2Industrials37.19%
3Government Agency Bonds9.5%
4Financials4.52%
5Local Government Bonds3.85%
6Utilities1.9%
7Others1.63%
Asset type
1US Fixed Interest24.22%
2American Emerging Fixed Interest19.72%
3Mexican Fixed Interest8.42%
4European Emerging Fixed Interest8.17%
5Brazilian Fixed Interest6.3%
6Dutch Fixed Interest5.34%
7African Fixed Interest3.61%
8Indonesian Fixed Interest2.96%
9South African Fixed Interest2.84%
Individual holdings
1PETROBRAS GLOBAL FINANCE BV 8.75% BDS 23/05/26 USD20003.37%
2GHANA(REPUBLIC OF) 9.25% BDS 15/09/22 USD2000002.85%
3UKRAINE MINISTRY OF FINANCE 7.75% BDS 01/09/23 USD10002.81%
4CORDOBA(PROVINCE OF) 7.125% BDS 10/06/21 USD1500002.67%
5LEBANON(REPUBLIC OF) 5.15% BDS 12/11/18 USD1000 REG S2.51%
6BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/19 BRL10002.39%
7INDONESIA(REPUBLIC OF) 7% BDS 15/05/27 IDR10000002.07%
8PETROLEOS DE VENEZUELA 6% NTS 15/11/26 USD1 REG S1.95%
9BRAZIL(FEDERATIVE REPUBLIC OF) 10% NTS 01/01/18 BRL10001.74%
Management
Fund manager group
Schroders
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund objective
To provide a high income return primarily through investment in a portfolio of bonds and other fixed and floating rate debt securities denominated in various currencies issued by governments, government agencies, supra-national and corporate issuers worldwide.
Benchmark
  • Global High Income Bond Composite
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Martha Metcalf31/05/2012
James Barrineau31/05/2012James Barrineau is the Co-Head of Emerging Markets Fixed Income and Director of Latin America. His investment career commenced in 1994 and he is a CFA charterholder. He joined Schroders in 2012. Prior to joining Schroders, he worked as a Senior Portfolio Manager-Sovereign from 2010 to 2012 at ICE Canyon, an alternative investment firm specializing in emerging market debt. From 1998 to 2010, he worked as an Emerging Market debt and currency strategist for Alliance Bernstein. From 1996 to 1998, he was the Latin American equity strategist at Salomon Smith Barney, and from 1994 to 1996 he was the Emerging Market debt strategist at the same firm, where he started his investment career. MPA, SUNY Albany.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Bulgaria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Italy, Republic Of Korea, Luxembourg, Malta, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Sweden
Schroder ISF Global High Income Bond A Acc NAV USD
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price122.8221
CurrencyUSD
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMRV8
Schroder ISF Global High Income Bond A Acc USD
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.45%
Bid price122.8221
Offer price126.6207
Mid price-
CurrencyUSD
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMJV5
Schroder ISF Global High Income Bond A Dis NAV USD
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price85.7384
CurrencyUSD
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMRW0
Schroder ISF Global High Income Bond A Dis USD
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.45%
Bid price85.7384
Offer price88.3901
Mid price-
CurrencyUSD
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMJV6
Schroder ISF Global High Income Bond A Hedged Acc EUR
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.45%
Bid price119.1726
Offer price122.8584
Mid price-
CurrencyEUR
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMYY7
Schroder ISF Global High Income Bond A Hedged Acc NAV EUR
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price119.1726
CurrencyEUR
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMYY8
Schroder ISF Global High Income Bond A Hedged Acc NAV SEK
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price1227.398
CurrencySEK
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0A6F
Schroder ISF Global High Income Bond A Hedged Acc SEK
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.45%
Bid price1227.398
Offer price1265.3588
Mid price-
CurrencySEK
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code092L
Schroder ISF Global High Income Bond A Hedged Dis EUR
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.45%
Bid price90.522
Offer price93.3216
Mid price-
CurrencyEUR
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMYY9
Schroder ISF Global High Income Bond A Hedged Dis NAV EUR
Initial charge3%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price90.522
CurrencyEUR
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMYZ0
Schroder ISF Global High Income Bond A1 Hedged Acc NAV PLN
Initial charge2%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.88%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price368.3494
CurrencyPLN
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF7OI
Schroder ISF Global High Income Bond A1 Hedged Acc PLN
Initial charge2%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.88%
Total expense ratio (TER)1.95%
Bid price368.3494
Offer price375.8667
Mid price-
CurrencyPLN
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF7OH
Schroder ISF Global High Income Bond A1 Hedged Dis EUR
Initial charge2%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.88%
Total expense ratio (TER)1.95%
Bid price91.2657
Offer price93.1283
Mid price-
CurrencyEUR
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0D68
Schroder ISF Global High Income Bond A1 Hedged Dis NAV EUR
Initial charge2%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.88%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price91.2657
CurrencyEUR
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0D69
Schroder ISF Global High Income Bond B Dis NAV USD
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.88%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price84.8399
CurrencyUSD
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNIR9
Schroder ISF Global High Income Bond B Dis USD
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.88%
Total expense ratio (TER)1.95%
Bid price84.8399
Offer price84.8399
Mid price-
CurrencyUSD
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNIR8
Schroder ISF Global High Income Bond B Hedged Dis EUR
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.88%
Total expense ratio (TER)1.95%
Bid price88.4205
Offer price88.4205
Mid price-
CurrencyEUR
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMST3
Schroder ISF Global High Income Bond B Hedged Dis NAV EUR
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.88%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price88.4205
CurrencyEUR
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMST4
Schroder ISF Global High Income Bond C Hedged Acc EUR
Initial charge1%
Annual charge0.6%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.95%
Bid price121.4284
Offer price122.6549
Mid price-
CurrencyEUR
Price updated20/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF6RN
Schroder ISF Global High Income Bond C Hedged Acc NAV EUR
Initial charge1%
Annual charge0.6%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price121.4284
CurrencyEUR
Price updated20/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF6RO
Schroder ISF Global High Income Bond 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)0.14%
Total expense ratio (TER)0.2%
Bid price-
Offer price-
Mid price132.4947
CurrencyUSD
Price updated20/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMRW3
Schroder ISF Global High Income Bond 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)0.14%
Total expense ratio (TER)0.2%
Bid price132.4947
Offer price132.4947
Mid price-
CurrencyUSD
Price updated20/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMJW0
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.