Fact sheet: Schroder ISFGbHiIBd

Fund information
Fund name
Schroder ISF Global High Income Bond B Dis NAV USD
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund managers
  • James Barrineausince 01/06/2012
  • Martha Metcalfsince 01/06/2012
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
16.4%
1 Year rank in sector
7/72
Sector
FO Fixed Int - Global High Yield
Yield
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.
1.88%
Fund size
£57m (£46m 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 Yld28.4%
Natixis LoomsSyles HInc22.5%
Franklin High Yield18.3%
LM WA Gbl Hi Yd17.2%
Fidelity Gbl Hi Yld16.5%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • USA23.9%
    Mexico9.5%
    Argentina6.9%
    Brazil6.5%
    Indonesia4.2%
  • Government Bonds44.1%
    Industrials35.6%
    Government Agency Bonds9.2%
    Local Government Bonds6%
    Financials3.9%
  • US Fixed Interest23.9%
    American Emerging Fixed Interest22.9%
    Mexican Fixed Interest9.5%
    European Emerging Fixed Interest7.5%
    Brazilian Fixed Interest6.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%4.8%4%16.4%9.1%18.5%
Sector-0.6%1.5%3.2%11%9.2%27.6%
Rank within sector6 / 873 / 8316 / 767 / 7225 / 5835 / 43
Quartile1st1st1st1st2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund4.6%16.3%-6.9%-2.3%0.1%
Sector1.5%11.4%-2.5%1.4%5.2%
Rank within sector2 / 838 / 7156 / 6453 / 5845 / 47
Quartile1st1st4th4th4th
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.
-1.9
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.
1.7
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.
-
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.
5.39
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.
0.03
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 high85.51
52 week low77.07
Current bid price-
Current offer price-
Current mid price85.29
Region
1USA23.92%
2Mexico9.51%
3Argentina6.92%
4Brazil6.45%
5Indonesia4.18%
6Venezuela4.02%
7Ukraine3.95%
8Ghana3.94%
9Netherlands3.85%
Industry sector
1Government Bonds44.08%
2Industrials35.57%
3Government Agency Bonds9.23%
4Local Government Bonds5.98%
5Financials3.92%
6Utilities1.33%
7Others-0.11%
Asset type
1US Fixed Interest23.92%
2American Emerging Fixed Interest22.93%
3Mexican Fixed Interest9.51%
4European Emerging Fixed Interest7.45%
5Brazilian Fixed Interest6.45%
6Indonesian Fixed Interest4.18%
7African Fixed Interest3.94%
8Dutch Fixed Interest3.85%
9Asia Pacific Emerging Fixed Interest2.56%
Individual holdings
1PETROLEOS DE VENEZUELA 6% NTS 15/11/26 USD1 REG S4.02%
2GHANA(REPUBLIC OF) 9.25% BDS 15/09/22 USD2000003.94%
3INDONESIA(REPUBLIC OF) 7% BDS 15/05/27 IDR10000003.23%
4UKRAINE MINISTRY OF FINANCE 7.75% BDS 01/09/23 USD10002.83%
5CORDOBA(PROVINCE OF) 7.125% BDS 10/06/21 USD1500002.66%
6BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/19 BRL10002.57%
7ECUADOR(REPUBLIC OF) 10.75% NTS 28/03/22 USD1000 REG S2.16%
8MONGOLIA 8% BDS 10/12/20 USD2000001.97%
9PETROBRAS GLOBAL FINANCE BV 8.75% BDS 23/05/26 USD20001.93%
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 Barrineau01/06/2012James 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 Metcalf01/06/2012
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)1.38%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price124.0477
CurrencyUSD
Price updated28/03/2017
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 price124.0477
Offer price127.8842
Mid price-
CurrencyUSD
Price updated28/03/2017
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 price86.235
CurrencyUSD
Price updated28/03/2017
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 price86.235
Offer price88.9021
Mid price-
CurrencyUSD
Price updated28/03/2017
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 price120.187
Offer price123.9041
Mid price-
CurrencyEUR
Price updated28/03/2017
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 price120.187
CurrencyEUR
Price updated28/03/2017
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 price1237.6454
CurrencySEK
Price updated28/03/2017
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 price1237.6454
Offer price1275.9231
Mid price-
CurrencySEK
Price updated28/03/2017
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 price91.2925
Offer price94.116
Mid price-
CurrencyEUR
Price updated28/03/2017
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 price91.2925
CurrencyEUR
Price updated28/03/2017
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 price371.9122
CurrencyPLN
Price updated28/03/2017
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 price371.9122
Offer price379.5022
Mid price-
CurrencyPLN
Price updated28/03/2017
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 price91.9971
Offer price93.8746
Mid price-
CurrencyEUR
Price updated28/03/2017
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 price91.9971
CurrencyEUR
Price updated28/03/2017
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 price85.2892
CurrencyUSD
Price updated28/03/2017
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 price85.2892
Offer price85.2892
Mid price-
CurrencyUSD
Price updated28/03/2017
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 price89.1292
Offer price89.1292
Mid price-
CurrencyEUR
Price updated28/03/2017
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 price89.1292
CurrencyEUR
Price updated28/03/2017
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 price122.5234
Offer price123.761
Mid price-
CurrencyEUR
Price updated28/03/2017
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 price122.5234
CurrencyEUR
Price updated28/03/2017
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 price133.976
CurrencyUSD
Price updated28/03/2017
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 price133.976
Offer price133.976
Mid price-
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMJW0
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.