Fact sheet: Schroder ISFGbTactAsAlo

Fund information
Fund name
Schroder ISF Global Tactical Asset Allocation C NAV USD
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund managers
  • Johanna Kyrklundsince 17/02/2010
  • Aymeric Forestsince 17/02/2010
Fund objective
To provide a positive return above cash over the market cycle through active allocation to a diversified range of assets and markets worldwide.
Benchmark
  • EURIBOR 3 Month
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
1.3%
1 Year rank in sector
61/133
Sector
FO Hedge/Stru Prod - Mixed
Yield
-
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.
1.34%
Fund size
£157m (£183m 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.
39
Top in this sector
Fund name1 Year
H2O MultiStrategies25.8%
GLG Mkt Neutral25.4%
Castellain Value23.2%
LFIS VisionPremiaOpps18.8%
Pictet PAF Distressed17.7%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

  • USA33.4%
    UK30.4%
    Not Specified19%
    Japan9.8%
    International7.3%
  • Government Bonds62.1%
    Others37.9%
  • UK Fixed Interest30.4%
    US Fixed Interest21.9%
    Money Market19%
    Global Short Maturity Fixed Interest11.5%
    Japanese Fixed Interest9.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%-1.3%5.6%1.3%0.2%-1.7%
Sector-0.2%0.7%0.4%0.7%3.7%6.2%
Rank within sector15 / 133131 / 15212 / 14461 / 13359 / 9063 / 72
Quartile1st4th1st2nd3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund-0.9%2.7%-6.4%2.7%-0.6%
Sector0.8%-0.5%-0.6%5.1%1.4%
Rank within sector129 / 15234 / 12895 / 10552 / 8750 / 76
Quartile4th2nd4th3rd3rd
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.
-1.08
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.
0.65
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%.
4.89
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.
4.75
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.
-0.34
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.
0.08
Price movement
52 week high100.65
52 week low93.16
Current bid price-
Current offer price-
Current mid price98.66
Region
1USA33.43%
2UK30.44%
3Not Specified19.04%
4Japan9.76%
5International7.29%
6Sweden0.04%
Industry sector
1Government Bonds62.14%
2Others37.86%
Asset type
1UK Fixed Interest30.44%
2US Fixed Interest21.94%
3Money Market18.96%
4Global Short Maturity Fixed Interest11.49%
5Japanese Fixed Interest9.76%
6International Equities7.29%
7Others3.13%
8Alternative Investment Strategies-3.01%
Individual holdings
1UNITED STATES OF AMER TREAS BILLS 0% TB 23/03/17 USD10011.49%
2UNITED STATES OF AMER TREAS BILLS 0% TB 27/04/17 USD10011.48%
3UNITED STATES OF AMER TREAS BILLS 0% BDS 11/05/17 USD100010.46%
4TREASURY 0% GILT 02/05/17 GBP110.15%
5TREASURY 0% GILT 12/06/17 GBP110.15%
6TREASURY 0% GILT 17/07/17 GBP110.14%
7JAPAN TREASURY DISCOUNT BILL9.76%
8ETFS PHYSICAL GOLD $ ETFS PHYSICAL METALS GOLD NPV $4.31%
9ETFS PHYSICAL GOLD $ ETFS PHYSICAL METALS GOLD NPV $4.31%
Management
Fund manager group
Schroders
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund objective
To provide a positive return above cash over the market cycle through active allocation to a diversified range of assets and markets worldwide.
Benchmark
  • EURIBOR 3 Month
Investment style
Multi Strategy
Investment method
Mixed
Fund managers
NameSinceBiography
Johanna Kyrklund17/02/2010Johanna Kyrklund, Head of Multi-Asset Investments, joined Schroders in March 2007. Responsible for investment on behalf of all UK, European and US Multi Asset clients, member of Global Asset Allocation Committee, fund manager of the Schroder Diversified Growth funds. Prior to joining Schroders, Johanna specialised in tactical asset allocation strategies. From 2005 she worked at Insight Investment where she managed an unconstrained global macro absolute return fund. From 1997 to 2005 she worked at Deutsche Asset Management where she was Head of Asset Allocation in the UK and fund manager of the Deutsche tactical asset allocation fund. Johanna has a degree in Philosophy, Politics & Economics from Oxford University and is a CFA charterholder.
Aymeric Forest17/02/2010Aymeric joined Schroders in May 2011 as a fund manager in the Multi-Asset team and as a member of the Global Asset Allocation Committee. Prior to joining Schroders, Aymeric was Global Head of Global Investment Solutions at BBVA in Madrid responsible for multi-asset products such as individual and corporate pension funds, balanced and dynamic asset allocation solutions and life cycle funds. From 2002 to 2009 he worked in London at ABN AMRO Asset Management, Fortis Investments (merger in 2008) and then BNP Paribas Investment Partners (merger in 2009). From 1999 to 2002 Aymeric was Institutional Portfolio Manager at Dexia Asset Management in Paris and Luxembourg. He also held various junior equity positions from 1996 at KTL Luxembourg and Kempf Bfsc (small capitalisations). He is a CFA Charterholder, has a DESS and a Masters degree in Finance from University Nancy 2.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Bulgaria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Gibraltar, Greece, Italy, Luxembourg, Netherlands, Norway, Offshore, Poland, Sweden
Schroder ISF Global Tactical Asset Allocation C Hedged EUR
Initial charge1%
Annual charge1%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.34%
Bid price95.1785
Offer price96.1399
Mid price-
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLCO6
Schroder ISF Global Tactical Asset Allocation C Hedged EUR NAV
Initial charge1%
Annual charge1%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price95.1785
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMAL2
Schroder ISF Global Tactical Asset Allocation C NAV USD
Initial charge1%
Annual charge1%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price98.6611
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIBQ6
Schroder ISF Global Tactical Asset Allocation C USD
Initial charge1%
Annual charge1%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.34%
Bid price98.6611
Offer price99.6577
Mid price-
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIBQ5
Schroder ISF Global Tactical Asset Allocation I Hedged EUR
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.09%
Bid price106.0357
Offer price106.0357
Mid price-
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ0R0
Schroder ISF Global Tactical Asset Allocation I Hedged GBP
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.09%
Bid price105.1811
Offer price105.1811
Mid price-
CurrencyGBP
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF23I
Schroder ISF Global Tactical Asset Allocation I Hedged NAV EUR
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price106.0357
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ0R1
Schroder ISF Global Tactical Asset Allocation I Hedged NAV GBP
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price105.1811
CurrencyGBP
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF23J
Schroder ISF Global Tactical Asset Allocation I NAV USD
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price108.2638
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIBQ8
Schroder ISF Global Tactical Asset Allocation I USD
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.09%
Bid price108.2638
Offer price108.2638
Mid price-
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIBQ7
Data provided by

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