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
The fund aims to provide income and capital growth by investing in bonds issued by governments, government agencies, supra-nationals and companies worldwide.
Benchmark
  • Global High Income Bond Composite
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
12.9%
1 Year rank in sector
12/72
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
£60m (£50m 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 Yld25.7%
Fidelity Gbl Hi Yld17.4%
Natixis LoomsSyles HInc15.5%
Franklin High Yield15.3%
LM WA Gbl Hi Yd14.9%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • USA23.7%
    Argentina9.4%
    Brazil7.2%
    Mexico5.7%
    Indonesia5.1%
  • Government Bonds47.7%
    Industrials32.9%
    Government Agency Bonds7.8%
    Local Government Bonds6.7%
    Financials3.7%
  • US Fixed Interest23.5%
    American Emerging Fixed Interest21.2%
    European Emerging Fixed Interest8.2%
    Brazilian Fixed Interest7.2%
    Mexican Fixed Interest5.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%3.8%3.9%12.9%9.3%20.7%
Sector0.6%1.5%2.6%9.9%9.6%29.2%
Rank within sector18 / 881 / 8518 / 7712 / 7229 / 5935 / 44
Quartile1st1st1st1st2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund5.6%16.3%-6.9%-2.3%0.1%
Sector2.2%11.4%-2.5%1.4%5.2%
Rank within sector1 / 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.
-1.91
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
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%.
9.12
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
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 high85.67
52 week low78.53
Current bid price-
Current offer price-
Current mid price85.71
Region
1USA23.7%
2Argentina9.38%
3Brazil7.17%
4Mexico5.72%
5Indonesia5.15%
6Turkey3.62%
7Venezuela3.59%
8Ghana3.57%
9Ukraine3.56%
Industry sector
1Government Bonds47.72%
2Industrials32.87%
3Government Agency Bonds7.78%
4Local Government Bonds6.73%
5Financials3.7%
6Utilities1.27%
7Others-0.07%
Asset type
1US Fixed Interest23.53%
2American Emerging Fixed Interest21.16%
3European Emerging Fixed Interest8.19%
4Brazilian Fixed Interest7.17%
5Mexican Fixed Interest5.72%
6Indonesian Fixed Interest5.15%
7African Fixed Interest3.57%
8Polish Fixed Interest3.34%
9Dutch Fixed Interest3.16%
Individual holdings
1PETROLEOS DE VENEZUELA 6% NTS 15/11/26 USD1 REG S3.59%
2GHANA(REPUBLIC OF) 9.25% BDS 15/09/22 USD2000003.57%
3INDONESIA(REPUBLIC OF) 7% BDS 15/05/27 IDR10000003.43%
4UKRAINE MINISTRY OF FINANCE 7.75% BDS 01/09/23 USD10002.55%
5CORDOBA(PROVINCE OF) 7.125% BDS 10/06/21 USD1500002.54%
6BUENOS AIRES(PROVINCE OF) 7.875% NTS 15/06/27 USD1500002.46%
7BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/19 BRL10002.42%
8BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/23 BRL10002.03%
9MONGOLIA 8% BDS 10/12/20 USD2000001.94%
Management
Fund manager group
Schroders
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund objective
The fund aims to provide income and capital growth by investing in bonds issued by governments, government agencies, supra-nationals and companies 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, Iceland, 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 price125.2114
CurrencyUSD
Price updated20/04/2017
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 price125.2114
Offer price129.0839
Mid price-
CurrencyUSD
Price updated20/04/2017
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 price86.6827
CurrencyUSD
Price updated20/04/2017
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 price86.6827
Offer price89.3636
Mid price-
CurrencyUSD
Price updated20/04/2017
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 price121.1442
Offer price124.8909
Mid price-
CurrencyEUR
Price updated20/04/2017
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 price121.1442
CurrencyEUR
Price updated20/04/2017
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 price1247.7722
CurrencySEK
Price updated20/04/2017
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 price1247.7722
Offer price1286.3631
Mid price-
CurrencySEK
Price updated20/04/2017
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 price90.8694
Offer price93.6798
Mid price-
CurrencyEUR
Price updated20/04/2017
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 price90.8694
CurrencyEUR
Price updated20/04/2017
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 price375.2962
CurrencyPLN
Price updated20/04/2017
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 price375.2962
Offer price382.9553
Mid price-
CurrencyPLN
Price updated20/04/2017
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 price91.5419
Offer price93.4101
Mid price-
CurrencyEUR
Price updated20/04/2017
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 price91.5419
CurrencyEUR
Price updated20/04/2017
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 price85.7051
CurrencyUSD
Price updated20/04/2017
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 price85.7051
Offer price85.7051
Mid price-
CurrencyUSD
Price updated20/04/2017
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 price88.6882
Offer price88.6882
Mid price-
CurrencyEUR
Price updated20/04/2017
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 price88.6882
CurrencyEUR
Price updated20/04/2017
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 price123.5383
Offer price124.7862
Mid price-
CurrencyEUR
Price updated20/04/2017
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 price123.5383
CurrencyEUR
Price updated20/04/2017
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 price135.3387
CurrencyUSD
Price updated20/04/2017
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 price135.3387
Offer price135.3387
Mid price-
CurrencyUSD
Price updated20/04/2017
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.