Fact sheet: Schroder ISF €Cp Bd

Fund information

Fund name
Schroder ISF EURO Corporate Bond Z Acc EUR
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager
Team
since 27/08/2012
Fund objective
The fund aims to provide capital growth and income by investing in bonds denominated in Euro issued by companies worldwide. The fund invests at least two-thirds of its assets in bonds denominated in euro by governments, government agencies, supra-nationals and companies worldwide.The fund may invest up to 30% 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); up to 20% of its assets in sovereign government bonds; up to 20% of its assets in asset-backed securities and mortgage-backed securities; and up to 20% exposure to of its assets in convertible bonds (including up to 10% of its assets in contingent convertible bonds.The fund may also invest in derivatives to create long and short exposure to the underlying assets of these derivatives. The fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the fund more efficiently. The fund may also hold cash.The aim of this duration-hedged share class is to reduce the impact of a rise in interest rates on the value of the underlying investments held.
Benchmark
BofA Merrill Lynch Euro Corporate Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

3.4 %

1 Year rank in sector

-

Sector

FO Fixed Int - EUR Corporate Bond

Yield

1.99

Fund size

£ 8.5 b

FE Risk score

19

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    18.59%
  • USA
    14.57%
  • France
    12.82%
  • Netherlands
    12.39%
  • Germany
    7.51%
  • Financials
    39.53%
  • Industrials
    35.34%
  • Government Agency Bonds
    8.83%
  • Utilities
    6.07%
  • Government Bonds
    5.45%
  • UK Fixed Interest
    19.84%
  • US Fixed Interest
    14.57%
  • French Fixed Interest
    12.82%
  • Dutch Fixed Interest
    12.39%
  • German Fixed Interest
    7.51%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.03 %3.24 %3.4 %13.74 %30.94 %
Sector-0.16 %2.24 %1.5 %7.11 %19.4 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund3.91 %6.29 %1.26 %9.31 %3.71 %
Sector2.2 %4.74 %-1.02 %6.9 %2.24 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha1.89
Beta1.06
Sharpe0.3
Volatility3.28
Tracking error0.73
Information ratio2.78
R-Squared0.95

Price movement

52 week high24.0632
52 week low22.7925
Current bid price24.0216
Current offer price24.0216
Current mid price0

Holdings by region

  • 18.59% UK
  • 14.57% USA
  • 12.82% France
  • 12.39% Netherlands
  • 7.51% Germany
  • 5.02% Spain
  • 3.45% Luxembourg
  • 2.87% Ireland
  • 2.73% Switzerland
  • 2.61% Belgium

Holdings by sector

  • 39.53% Financials
  • 35.34% Industrials
  • 8.83% Government Agency Bonds
  • 6.07% Utilities
  • 5.45% Government Bonds
  • 2.59% Mortgage & Secured Bonds
  • 1.43% Others
  • 0.48% Asset/Mortgage-Backed Securities
  • 0.27% Local Government Bonds

Holdings by asset type

  • 19.84% UK Fixed Interest
  • 14.57% US Fixed Interest
  • 12.82% French Fixed Interest
  • 12.39% Dutch Fixed Interest
  • 7.51% German Fixed Interest
  • 5.02% Spanish Fixed Interest
  • 3.45% Luxembourg Fixed Interest
  • 2.87% Irish Fixed Interest
  • 2.73% Swiss Fixed Interest
  • 2.61% Belgian Fixed Interest

Individual holdings

  • 1.12% YORKSHIRE BUILDING SOCIETY 1.25% NTS 17/03/22 EUR100000
  • 1% ZIGGO SEC FIN BV 4.25% SNR SEC NTS 15/01/27 EUR REG S
  • 0.98% BARCLAYS PLC 3.25% NTS 12/02/27 GBP100000
  • 0.82% ANHEUSER-BUSCH INBEV SA/NV 2.75% NTS 17/03/36 EUR1000
  • 0.8% BANK OF AMERICA CORP FR SNR NTS 04/05/23 EUR100000
  • 0.8% ROYAL BANK OF SCOTLAND GROUP PLC 2% TO FRN 08/03/23 EUR100000
  • 0.79% B.A.T.INTERNATIONAL FINANCE 2.25% GTD NTS 16/01/30 EUR100000
  • 0.76% NATIONWIDE BUILDING SOCIETY 1.375% REG CVD BDS 29/06/33 EUR100000
  • 0.76% SANTANDER CONSUMER FINANCE SA 1% BDS 24/01/22 EUR100000
  • 0.76% UBS GROUP FUNDING (JERSEY) LTD 1.5% NTS 30/11/24 EUR200000