Fact sheet: Schroder ISF As LCuBd

Fund information

Fund name
Schroder ISF Asian Local Currency Bond Z Acc NAV USD
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager(s)
Chow Yang Ang
since 01/07/2011
Rajeev De Mello
since 01/07/2011
Fund objective
The fund aims to provide capital growth and income by investing in Asian bonds denominated in local currencies. The fund invests at least two-thirds of its assets in bonds 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) denominated in local currencies issued by governments, government agencies and companies in Asia (excluding Japan). The fund invests in local currency bonds in a diverse range of Asian countries, each with very different economies. The manager believes that Asian economies will continue to prosper over the longer term and therefore see sustainable investment potential in the region's bond and currency markets. The fund may invest in mainland China through the Renminbi Qualified Foreign Institutional Investor ("RQFII") scheme or regulated markets. 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
iBoxx Asian Local Currency Bond
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

2.49 %

1 Year rank in sector

21/32

Sector

FO Fixed Int - Asia Pacific

Yield

3.16

Fund size

£ 288.7 m

FE Risk score

85

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Not Specified
    22.76%
  • India
    13.97%
  • Malaysia
    12.39%
  • Thailand
    8.03%
  • USA
    6.92%
  • BBB
    28.93%
  • A
    20.83%
  • Non-Rated
    17.93%
  • AAA
    11.44%
  • AA
    11.39%
  • Indian Fixed Interest
    13.97%
  • Malaysian Fixed Interest
    12.39%
  • Alternative Investment Strategies
    8.49%
  • Thai Fixed Interest
    8.03%
  • American Emerging Fixed Interest
    7.42%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.94 %3.75 %2.49 %5.63 %4.24 %
Sector0.35 %2.54 %2.74 %8.04 %10.4 %
Rank within sector28 / 348 / 3321 / 3219 / 2512 / 16
Quartile th4 th1 st3 rd4 th3 rd

Calendar performance

YTD-20172016201520142013
Fund9.05 %2.34 %-3.87 %4.32 %-8.09 %
Sector6.22 %4.65 %-2.04 %3.68 %-3.34 %
Rank within sector5 / 3323 / 3019 / 2515 / 2218 / 19
Quartile th1 st4 th4 th3 rd4 th

Risk statistics

Alpha-1.77
Beta1.65
Sharpe-0
Volatility7.72
Tracking error3.97
Information ratio-0.09
R-Squared0.86

Price movement

52 week high133.5897
52 week low120.1784
Current bid price0
Current offer price0
Current mid price131.6815

Holdings by region

  • 22.76% Not Specified
  • 13.97% India
  • 12.39% Malaysia
  • 8.03% Thailand
  • 6.92% USA
  • 5.64% Singapore
  • 5.07% China
  • 3.82% Philippines
  • 3.71% Cayman Islands
  • 3.06% Indonesia

Holdings by sector

  • 28.93% BBB
  • 20.83% A
  • 17.93% Non-Rated
  • 11.44% AAA
  • 11.39% AA
  • 5.52% B
  • 3.96% BB

Holdings by asset type

  • 13.97% Indian Fixed Interest
  • 12.39% Malaysian Fixed Interest
  • 8.49% Alternative Investment Strategies
  • 8.03% Thai Fixed Interest
  • 7.42% American Emerging Fixed Interest
  • 6.92% US Fixed Interest
  • 5.92% Others
  • 5.64% Singapore Fixed Interest
  • 5.13% Money Market
  • 5.07% Chinese Fixed Interest

Individual holdings

  • 7.03% MALAYSIA (FEDERATION OF)
  • 6.06% SCHRODER CHINA FIXED INCOME FUND
  • 4.15% UNITED STATES OF AMER TREAS BILLS 0% TB 24/11/17 USD100
  • 3.16% THAILAND(KINGDOM OF) 1.875% BDS 17/06/22 THB1000
  • 3.15% INDIA(GOVERNMENT OF) 8.2% BDS 24/09/25 INR10000
  • 2.99% MALAYSIA 3.889% NTS 16/11/27 MYR1000000
  • 2.76% UNITED STATES OF AMER TREAS BILLS 0% TB 25/01/18 USD100
  • 2.5% MINISTRY OF FINANCE (THAILAND) 3.65% BDS 17/12/21 THB1000
  • 2.04% INDIA(GOVERNMENT OF) 8.08% BDS 02/08/22 INR10000
  • 1.9% THAILAND (MINISTRY OF FINANCE) 1.25% BDS 12/03/28 THB100000