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
  • LIBOR USD 3 month
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
-5.3%
1 Year rank in sector
104/126
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.
1.32%
Fund size
£166m (£181m 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.
34
Top in this sector
Fund name1 Year
Veritas Global Real Return26.4%
Nordea 1 Alpha 1524.6%
La Fayette Holdings22%
Pimco GIS Stk Pl17.2%
Nordea 1 Multi-Asset15.9%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

  • USA43.3%
    International21%
    Not Specified17.6%
    Sweden7.2%
    Austria6%
  • Others58.8%
    Fixed Interest12.9%
    Local Government Bonds11.5%
    Government Bonds10.8%
    Government Agency Bonds6%
  • US Fixed Interest32.5%
    Money Market16.6%
    Global Short Maturity Fixed Interest10.8%
    International Equities8.1%
    Swedish Fixed Interest7.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%-4.8%-4%-5.3%-6.3%-6.4%
Sector-0.2%0.8%0.4%-0.6%5.8%7.2%
Rank within sector123 / 140139 / 144122 / 141104 / 12677 / 8363 / 70
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-3.6%-6.4%2.7%-0.6%2.2%
Sector-0.1%-0.6%5.1%1.4%1.9%
Rank within sector104 / 133102 / 11554 / 9555 / 8646 / 77
Quartile4th4th3rd3rd3rd
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.
-3.13
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.
0.92
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%.
4.32
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.
3.89
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.
-0.86
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.
0.19
Price movement
52 week high99.25
52 week low93.16
Current bid price-
Current offer price-
Current mid price93.45
Region
1USA43.32%
2International20.97%
3Not Specified17.64%
4Sweden7.23%
5Austria6.03%
6Germany4.23%
7Jersey0.59%
Industry sector
1Others58.77%
2Fixed Interest12.9%
3Local Government Bonds11.47%
4Government Bonds10.83%
5Government Agency Bonds6.03%
Asset type
1US Fixed Interest32.49%
2Money Market16.55%
3Global Short Maturity Fixed Interest10.83%
4International Equities8.06%
5Swedish Fixed Interest7.24%
6Supranational Fixed Interest6.81%
7Global Fixed Interest6.1%
8Austrian Fixed Interest6.03%
9German Fixed Interest4.23%
Individual holdings
1UNITED STATES OF AMER TREAS BILLS 0% TB 17/11/16 USD10010.83%
2UNITED STATES OF AMER TREAS BILLS 0% TB 27/10/16 USD100010.83%
3UNITED STATES OF AMER TREAS BILLS 0% TB 29/09/16 USD10010.83%
4UNITED STATES OF AMER TREAS BONDS 0% BDS 13/10/16 USD10010.83%
5KOMMUNINVEST I SVERIGE AB 0.875% BDS 13/12/16 USD200000 REGS7.24%
6ETFS PHYSICAL GOLD $ ETFS PHYSICAL METALS GOLD NPV $6.23%
7ETFS PHYSICAL GOLD $ ETFS PHYSICAL METALS GOLD NPV $6.23%
8EUROPEAN INVESTMENT BANK 1.75% BDS 15/03/17 USD10006.1%
9OESTERREICHISCHE KONTROLLBANK AG 0.75% BDS 19/05/17 USD10006.03%
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
  • LIBOR USD 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. She is a CFA Charterholder and has Degree in Philosophy, Politics & Economics from Oxford University
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)1.32%
Total expense ratio (TER)1.34%
Bid price90.8848
Offer price91.8028
Mid price-
CurrencyEUR
Price updated29/09/2016
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)1.32%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price90.8848
CurrencyEUR
Price updated29/09/2016
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)1.32%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price93.4536
CurrencyUSD
Price updated29/09/2016
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)1.32%
Total expense ratio (TER)1.34%
Bid price93.4536
Offer price94.3976
Mid price-
CurrencyUSD
Price updated29/09/2016
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)0.07%
Total expense ratio (TER)0.09%
Bid price100.6501
Offer price100.6501
Mid price-
CurrencyEUR
Price updated29/09/2016
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)0.07%
Total expense ratio (TER)0.09%
Bid price99.3707
Offer price99.3707
Mid price-
CurrencyGBP
Price updated29/09/2016
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)0.07%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price100.6501
CurrencyEUR
Price updated29/09/2016
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)0.07%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price99.3707
CurrencyGBP
Price updated29/09/2016
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)0.07%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price101.9236
CurrencyUSD
Price updated29/09/2016
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)0.07%
Total expense ratio (TER)0.09%
Bid price101.9236
Offer price101.9236
Mid price-
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIBQ7
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