Fact sheet: Schroder ISF $ Bd

Fund information

Fund name
Schroder ISF US Dollar Bond Z Acc NAV USD
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager(s)
Wesley Sparks
since 17/10/2014
Neil Sutherland
since 17/10/2014
Fund objective
The fund aims to provide income and capital growth by investing in bonds denominated in USD. The fund invests at least two-thirds of its assets in bonds, including asset-backed securities and mortgage-backed securities, denominated in US dollar, issued by governments, government agencies and companies worldwide. The fund invests in the full credit spectrum of bonds. The fund may invest up to 40% of its assets in bonds that have a below investment grade credit rating (as measured by Standard & Poor's or any equivalent grade of other credit rating agencies for rated bonds and implied Schroders ratings for non-rated bonds); and up to 70% of its assets in asset-backed securities and mortgage-backed securities issued worldwide with an investment grade or sub-investment grade credit rating (as measured by Standard & Poor's or any equivalent grade of other credit rating agencies). Underlying assets may include credit card receivables, personal loans, auto loans, small business loans, leases, commercial mortgages and residential mortgages. The fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the fund more efficiently. The fund may use leverage and take short positions. The fund may also hold cash.
Benchmark
Bloomberg Barclays US Aggregate Bond
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

1.79 %

1 Year rank in sector

8/38

Sector

FO Fixed Int - USD Investment Grade

Yield

2.64

Fund size

£ 938.1 m

FE Risk score

22

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    73%
  • Cayman Islands
    5.19%
  • Not Specified
    3.88%
  • UK
    2.83%
  • Mexico
    2.76%
  • AAA
    40.06%
  • BBB
    27.83%
  • A
    14.85%
  • AA
    11.73%
  • BB
    4.59%
  • US Fixed Interest
    73%
  • American Emerging Fixed Interest
    6.29%
  • Money Market
    5.07%
  • UK Fixed Interest
    3%
  • Mexican Fixed Interest
    2.76%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.09 %1.65 %1.79 %5.94 %11.2 %
Sector0.12 %0.93 %0.86 %6.04 %12.02 %
Rank within sector26 / 409 / 408 / 3815 / 3312 / 29
Quartile th3 rd1 st1 st2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund4.54 %2.91 %-1.15 %5.96 %-2.14 %
Sector2.94 %3.82 %-0.74 %5.96 %-1.08 %
Rank within sector9 / 4014 / 3524 / 3314 / 3219 / 32
Quartile th1 st2 nd3 rd2 nd3 rd

Risk statistics

Alpha0.19
Beta0.98
Sharpe-0
Volatility2.78
Tracking error0.92
Information ratio0.15
R-Squared0.89

Price movement

52 week high24.3047
52 week low22.9412
Current bid price0
Current offer price0
Current mid price24.1838

Holdings by region

  • 73% USA
  • 5.19% Cayman Islands
  • 3.88% Not Specified
  • 2.83% UK
  • 2.76% Mexico
  • 2.05% Canada
  • 1.55% France
  • 1.06% South Africa
  • 1.03% Bermuda
  • 0.83% Brazil

Holdings by sector

  • 40.06% AAA
  • 27.83% BBB
  • 14.85% A
  • 11.73% AA
  • 4.59% BB
  • 1.21% Non-Rated
  • 0.18% CCC
  • -0.45% B

Holdings by asset type

  • 73% US Fixed Interest
  • 6.29% American Emerging Fixed Interest
  • 5.07% Money Market
  • 3% UK Fixed Interest
  • 2.76% Mexican Fixed Interest
  • 2.05% Canadian Fixed Interest
  • 1.55% French Fixed Interest
  • 1.06% South African Fixed Interest
  • 1.03% North American Fixed Interest
  • 0.83% Brazilian Fixed Interest

Individual holdings

  • 2.64% UNITED STATES OF AMER TREAS BILLS 2.5% BDS 15/05/27 USD100
  • 1.84% UNITED STATES OF AMER TREAS BONDS 1.5% BDS 15/08/26 USD1000
  • 1.72% US. TSY. NOTE/BON 0.875%
  • 1.63% FANNIE MAE POOL
  • 1.46% UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD100
  • 1.38% UNITED STATES OF AMER TREAS BONDS 1.75% BDS 15/11/26 USD100
  • 1.28% FLORIDA HURRICANE CATASTROPHE FUND 2.995% BDS 01/07/20 USD1000
  • 1.27% MEXICO(UNITED MEXICAN STATES) 6.5% BDS 09/06/22 MXN100
  • 1.25% AMAZON.COM INC 3.15% BDS 22/08/27 USD2000
  • 1.2% FANNIE MAE POOL