Fact sheet: Schroder GAIACatBd

Fund information

Fund name
Schroder GAIA Cat Bond F Acc NAV USD
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager(s)
Daniel Ineichen
since 21/10/2013
Fund objective
The fund aims to provide capital growth and income. The fund will invest in securities that are related to insurance risks (known as insurance-linked securities), mainly in catastrophe or "cat" bonds. The fund will focus on the insurance risk of natural catastrophes such as hurricanes and earthquakes affecting regions such as Western Europe, Japan and the USA where people generally buy insurance. The fund will diversify its investments by peril (e.g. wind, earthquake), geography and season (some risks vary with the time of year) but will have a bias toward hurricane and earthquake risks in the USA, which form the greater part of the cat bond market. The fund aims to make investments which do not depend for their value on the economic cycle; they depend instead on the occurrence and severity of natural events. The fund may also make investments in other types of insurance-related risks, for example life insurance risks (like pandemic mortality), health risks or motor risks. The fund will not invest in whole-of-life assurance policies (known as life settlements). The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently. The fund will not invest more than 10% into funds.
Benchmark
No Specified Index
Investment style
High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

-1.46 %

1 Year rank in sector

78/82

Sector

FO Fixed Int - Global High Yield

Yield

2.72

Fund size

£ 1.3 b

FE Risk score

134

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Short dated bonds
    48.5%
  • Medium dated bonds
    25.8%
  • Cash - 180 to 365 Days
    17.4%
  • Very short dated bonds
    8.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.81 %-1.94 %-1.46 %5.4 %19.48 %
Sector-0.3 %1.56 %6.84 %12.56 %24.4 %
Rank within sector3 / 9886 / 9178 / 8255 / 6431 / 45
Quartile th1 st4 th4 th4 th3 rd

Calendar performance

YTD-20172016201520142013
Fund-1.29 %3.94 %2.84 %3.93 %6.84 %
Sector4.82 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector79 / 8570 / 735 / 6715 / 5720 / 49
Quartile th4 th4 th1 st2 nd2 nd

Risk statistics

Alpha1.58
Beta0.01
Sharpe-0
Volatility3.98
Tracking error5.97
Information ratio-0.39
R-Squared0

Price movement

52 week high1327.16
52 week low1185.99
Current bid price0
Current offer price0
Current mid price1282.88

Holdings by region

-

Holdings by sector

  • 48.5% Short dated bonds
  • 25.8% Medium dated bonds
  • 17.4% Cash - 180 to 365 Days
  • 8.3% Very short dated bonds

Holdings by asset type

-

Individual holdings

-