Fact sheet: Schroder Absolute Rtn Bd

Fund information

Fund name
Schroder Absolute Return Bond Z Acc
Fund company manager
Schroder UT Managers
Fund type
UKA
Fund manager
Nick Gartside
since 01/09/2008
Fund objective
The Fund aims to provide an absolute return by investing in fixed and floating rate securities issued by governments, government agencies and companies worldwide. Absolute return means the Fund seeks to provide a positive return over rolling 12-month periods, in all market conditions but this cannot be guaranteed and your capital is at risk.
Benchmark
LIBOR GBP 3 month
Investment style
Absolute Return
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

2.99 %

1 Year rank in sector

29/73

Sector

UT Targeted Absolute Return

Yield
-
Fund size

£ 94.3 m

FE Risk score

25

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    39.74%
  • UK
    18.67%
  • France
    7%
  • Mexico
    5.75%
  • Money Market
    4.93%
  • Government Bonds
    29.54%
  • Financials
    26.15%
  • Industrials
    18.68%
  • Asset/Mortgage-Backed Securities
    8.23%
  • Money Market
    4.93%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.82 %0.39 %2.99 %-1.39 %8.51 %
Sector-0.05 %1.2 %2.96 %6.49 %16.6 %
Rank within sector66 / 7846 / 7629 / 7351 / 5940 / 49
Quartile th4 th3 rd2 nd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund1.26 %3.15 %-3 %2.73 %1.87 %
Sector2.32 %0.97 %2.2 %2.51 %6.51 %
Rank within sector49 / 7625 / 6961 / 6433 / 5545 / 50
Quartile th3 rd2 nd4 th3 rd4 th

Risk statistics

Alpha-1.25
Beta0.65
Sharpe-0
Volatility3.04
Tracking error2.87
Information ratio-0.77
R-Squared0.14

Price movement

52 week high55.15
52 week low52.87
Current bid price54.46
Current offer price54.69
Current mid price0

Holdings by region

  • 39.74% USA
  • 18.67% UK
  • 7% France
  • 5.75% Mexico
  • 4.93% Money Market
  • 3.41% Ireland
  • 3.32% Not Specified
  • 2.85% Canada
  • 2.09% Italy
  • 1.5% Argentina

Holdings by sector

  • 29.54% Government Bonds
  • 26.15% Financials
  • 18.68% Industrials
  • 8.23% Asset/Mortgage-Backed Securities
  • 4.93% Money Market
  • 3.82% Mortgage & Secured Bonds
  • 3.32% Derivatives
  • 2.94% Government Agency Bonds
  • 1.45% Local Government Bonds
  • 0.95% Utilities

Holdings by asset type

-

Individual holdings

  • 8.16% HM TREASURY UNITED KINGDOM DMO 0% TSY BILL 29/01/18 GBP1
  • 5.35% UNITED STATES OF AMER TREAS NOTES 0.375% NTS 15/01/27 USD100
  • 4.45% FRANCE(GOVT OF) 2% BDS 25/05/48 EUR1
  • 4.02% UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD100
  • 2.75% MEXICO(UNITED MEXICAN STATES) 7.5% BDS 03/06/27 MXN100
  • 2.38% ELEMENT RAIL LEASING II
  • 2.32% MEXICO(UNITED MEXICAN STATES) 8.5%% BDS 31/05/29 MXN1000
  • 2.02% SCHRODER ISF EMERGING MARKET BOND I ACC NAV USD
  • 1.93% WELLS FARGO BANK NA 2.15% BDS 06/12/19 USD250000
  • 1.83% ALLIED IRISH BANKS 4.125% FXD RT NTS 26/11/25 EUR100000 119