Fact sheet: Schroder Stg Brd Mrkt Bd

Fund information
Fund name
Schroder Sterling Broad Market Bond Inst Gr Acc
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund managers
  • Gareth Isaacsince 30/11/2011
  • Paul Graingersince 21/03/2016
Fund objective
The funds investment objective is to provide capital growth and income primarily through investment in a diversified portfolio of debt securities. The full spectrum of available securities, including non-investment grade, will be utilised. The portfolio will consist of sterling denominated securities or other securities, primarily hedged back into sterling. The fund may also invest in a wide range of investments including transferable securities, derivatives, cash, deposits, collective investment schemes and money market instruments.
Benchmark
No data available.
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
7.8%
1 Year rank in sector
8/77
Sector
UT Sterling Strategic Bond
Yield
3.5%
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.
0.31%
Fund size
£825m (£862m 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.
43
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc12.8%
Fidelity I Stg Cr + Bd11.2%
Fidelity UK Inv Grd Lg Cr10.4%
Legg Mason IFBrwiGlInOp10.1%
AXA Framlington Mgd Inc9.4%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK63%
    USA10.8%
    France6.1%
    Others4.9%
    Netherlands4.1%
  • Government Bonds40.5%
    Banks11.4%
    Others9%
    Electricity Supply5.1%
    Government Guaranteed5%
  • UK Fixed Interest63%
    US Fixed Interest10.8%
    French Fixed Interest6.1%
    Global Fixed Interest4.9%
    Dutch Fixed Interest4.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%-6%2.5%7.8%24.6%35.8%
Sector-0.8%-2.8%2.5%5.2%13.2%31.8%
Rank within sector63 / 8374 / 8236 / 828 / 772 / 7127 / 60
Quartile4th4th2nd1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund8.8%0.8%13.8%-1.4%8.5%
Sector6.2%-0.3%6.8%2.6%12.6%
Rank within sector10 / 7721 / 743 / 7251 / 6448 / 61
Quartile1st2nd1st4th4th
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.
5.51
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.
0.36
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.
0.61
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%.
6.49
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.
7.19
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.
0.24
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.
0.1
Price movement
52 week high214
52 week low183.4
Current bid price-
Current offer price-
Current mid price199.9
Region
1UK63%
2USA10.82%
3France6.1%
4Others4.87%
5Netherlands4.09%
6Germany3.74%
7Luxembourg2.66%
8Money Market1.2%
9Cayman Islands0.82%
Industry sector
1Government Bonds40.51%
2Banks11.37%
3Others9.01%
4Electricity Supply5.12%
5Government Guaranteed4.95%
6Communications3.67%
7Infrastructure2.8%
8Utilities2.73%
9Wholesale2.72%
Asset type
1UK Fixed Interest63%
2US Fixed Interest10.82%
3French Fixed Interest6.1%
4Global Fixed Interest4.87%
5Dutch Fixed Interest4.09%
6German Fixed Interest3.74%
7Luxembourg Fixed Interest2.66%
8Money Market1.2%
9American Emerging Fixed Interest0.82%
Individual holdings
1TREASURY 4% GILT 07/03/22 GBP0.015.53%
2UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD1005.24%
3TREASURY 3.75% GILT 07/09/21 GBP4.47%
4TREASURY 4.25% GILT 07/06/2032 GBP0.013.83%
5TREASURY 4.25% GILT 07/03/36 GBP0.013.59%
6TREASURY 4.25% GILT 7/12/463.44%
7TREASURY 4.25% GILT 07/12/55 GBP0.012.94%
8TREASURY 4.5% GILT 7/12/42 GBP2.33%
9KREDITANSTALT FUER WIEDERAUFBAU KFW 6% BDS 7/12/2028 GBP10002.08%
Management
Fund manager group
Schroders
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund objective
The funds investment objective is to provide capital growth and income primarily through investment in a diversified portfolio of debt securities. The full spectrum of available securities, including non-investment grade, will be utilised. The portfolio will consist of sterling denominated securities or other securities, primarily hedged back into sterling. The fund may also invest in a wide range of investments including transferable securities, derivatives, cash, deposits, collective investment schemes and money market instruments.
Benchmark
No data available.
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Gareth Isaac30/11/2011Gareth Isaac, CFA, is Senior Portfolio Manager, Multi Sector. He is Global fixed income fund manager, based in London. Gareth joined Schroders in 2011. In 2009, following their purchase of SGAM, he joined GLG Partners where he was a fixed income fund manager. In 2007, he worked as Senior Fixed Income Fund manager at Societe Generale Asset Management in Paris and in 2004 he became the Fixed Income Fund Manager at Axa Investment Managers. In 1998, he was an Assistant Fund Manager, then Fixed Income Manager at Newton Asset Management. Prior to this, Gareth worked at Manulife Financial and Midland Security Services. He graduated as BSc from the University of Glamorgan and is a member of the United Kingdom Society of Investment Professionals.
Paul Grainger21/03/2016Paul joined Gartmore in 1999 and is responsible for managing our gilt portfolios. His career began with BZW Securities, selling a wide varity of fixed income products. Paul subsequently moved to BGI, where he was responsible for trading and managing their fixed income index funds. Paul graduated from Exeter University in 1995 with a BA in Economics and European Studies. He has passed level II of the CFA examination.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Schroder Sterling Broad Market Bond Inst Gr Acc
Initial charge-
Annual charge0.3%
Min single investment£100,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.31%
Total expense ratio (TER)0.31%
Bid price-
Offer price-
Mid price199.9
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQF94
Schroder Sterling Broad Market Bond Inst Gr Inc
Initial charge-
Annual charge0.3%
Min single investment£100,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.31%
Total expense ratio (TER)0.31%
Bid price-
Offer price-
Mid price119.7
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeUM86
Schroder Sterling Broad Market Bond X Gr Acc
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)0.02%
Bid price-
Offer price-
Mid price203.1
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeY390
Schroder Sterling Broad Market Bond X Gr Inc
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price55.37
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG15L
Data provided by

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