Fact sheet: Schroder ISFGbHiIBd

Fund information
Fund name
Schroder ISF Global High Income Bond A Acc NAV USD
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund managers
  • James Barrineausince 31/05/2012
  • Martha Metcalfsince 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
10%
1 Year rank in sector
11/73
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.
1.37%
Fund size
£59m (£55m 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.
92
Top in this sector
Fund name1 Year
Franklin GblCorpHiYd30.1%
Pioneer SICV-Gbl Hi Yld28.5%
Natixis LoomsSyles HInc20.4%
T. Rowe Price GblHghIncBd12.6%
Nomura Gbl Hgh Yld Bd11.6%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • USA26.5%
    Not Specified8.9%
    Brazil7.7%
    Netherlands5.9%
    Argentina5.9%
  • Industrials38.4%
    Government Bonds34.4%
    Others8.9%
    Government Agency Bonds8.7%
    Local Government Bonds4.6%
  • US Fixed Interest26.5%
    American Emerging Fixed Interest17%
    European Emerging Fixed Interest8%
    Brazilian Fixed Interest7.7%
    Dutch Fixed Interest5.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.1%-2.8%5%10%5.4%21.5%
Sector-0.4%0.3%4.8%7.5%8.9%33.4%
Rank within sector80 / 8378 / 8027 / 7611 / 7344 / 5941 / 43
Quartile4th4th2nd1st3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund13.7%-6.5%-1.8%0.6%15.8%
Sector9.7%-2.5%1.4%5.2%15.5%
Rank within sector11 / 7457 / 6653 / 5947 / 4918 / 43
Quartile1st4th4th4th2nd
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.
-2.73
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.
1.67
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%.
9.07
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.
5.47
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.
-0.19
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.
0.75
Price movement
52 week high121.25
52 week low96.72
Current bid price-
Current offer price-
Current mid price115.18
Region
1USA26.49%
2Not Specified8.89%
3Brazil7.65%
4Netherlands5.95%
5Argentina5.92%
6Mexico5.24%
7Turkey4.49%
8Colombia3.71%
9South Africa3.22%
Industry sector
1Industrials38.36%
2Government Bonds34.42%
3Others8.89%
4Government Agency Bonds8.72%
5Local Government Bonds4.63%
6Financials3.71%
7Utilities1.28%
Asset type
1US Fixed Interest26.49%
2American Emerging Fixed Interest17.03%
3European Emerging Fixed Interest8.04%
4Brazilian Fixed Interest7.65%
5Dutch Fixed Interest5.95%
6Others5.75%
7Mexican Fixed Interest5.24%
8South African Fixed Interest3.22%
9Money Market3.09%
Individual holdings
1PETROBRAS GLOBAL FINANCE BV 8.75% BDS 23/05/26 USD20004.65%
2UKRAINE MINISTRY OF FINANCE 7.75% BDS 01/09/23 USD10002.64%
3CORDOBA(PROVINCE OF) 7.125% BDS 10/06/21 USD1500002.56%
4TURKEY(REPUBLIC OF) 8% NTS 12/03/25 TRY10002.32%
5BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/19 BRL10002.21%
6SOUTH AFRICA(REPUBLIC OF) 6.5% BDS 28/02/41 ZAR11.87%
7YPF SOCIEDAD ANONIMA REG S SR UNSEC 8.5% 07-28-251.81%
8GHANA(REPUBLIC OF) 10.75% AMT BDS 14/10/30 USD1000 REG S1.79%
9BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL10001.61%
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
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.
Martha Metcalf31/05/2012
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)1.37%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price115.1758
CurrencyUSD
Price updated02/12/2016
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)1.37%
Total expense ratio (TER)1.45%
Bid price115.1758
Offer price118.7379
Mid price-
CurrencyUSD
Price updated02/12/2016
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)1.37%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price81.07
CurrencyUSD
Price updated02/12/2016
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)1.37%
Total expense ratio (TER)1.45%
Bid price81.07
Offer price83.5773
Mid price-
CurrencyUSD
Price updated02/12/2016
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)1.37%
Total expense ratio (TER)1.45%
Bid price112.2463
Offer price115.7178
Mid price-
CurrencyEUR
Price updated02/12/2016
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)1.37%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price112.2463
CurrencyEUR
Price updated02/12/2016
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)1.37%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price1156.76
CurrencySEK
Price updated02/12/2016
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)1.37%
Total expense ratio (TER)1.45%
Bid price1156.76
Offer price1192.5361
Mid price-
CurrencySEK
Price updated02/12/2016
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)1.37%
Total expense ratio (TER)1.45%
Bid price86.3688
Offer price89.04
Mid price-
CurrencyEUR
Price updated02/12/2016
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)1.37%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price86.3688
CurrencyEUR
Price updated02/12/2016
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)1.87%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price345.8411
CurrencyPLN
Price updated02/12/2016
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)1.87%
Total expense ratio (TER)1.95%
Bid price345.8411
Offer price352.8991
Mid price-
CurrencyPLN
Price updated02/12/2016
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)1.87%
Total expense ratio (TER)1.95%
Bid price87.1738
Offer price88.9529
Mid price-
CurrencyEUR
Price updated02/12/2016
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)1.87%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price87.1738
CurrencyEUR
Price updated02/12/2016
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)1.87%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price80.3082
CurrencyUSD
Price updated02/12/2016
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)1.87%
Total expense ratio (TER)1.95%
Bid price80.3082
Offer price80.3082
Mid price-
CurrencyUSD
Price updated02/12/2016
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)1.87%
Total expense ratio (TER)1.95%
Bid price84.4561
Offer price84.4561
Mid price-
CurrencyEUR
Price updated02/12/2016
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)1.87%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price84.4561
CurrencyEUR
Price updated02/12/2016
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)0.87%
Total expense ratio (TER)0.95%
Bid price114.2476
Offer price115.4016
Mid price-
CurrencyEUR
Price updated02/12/2016
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)0.87%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price114.2476
CurrencyEUR
Price updated02/12/2016
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)0.13%
Total expense ratio (TER)0.2%
Bid price-
Offer price-
Mid price123.8947
CurrencyUSD
Price updated02/12/2016
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)0.13%
Total expense ratio (TER)0.2%
Bid price123.8947
Offer price123.8947
Mid price-
CurrencyUSD
Price updated02/12/2016
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.