Fact sheet: Schroder ISF Asn ConBd

Fund information

Fund name
Schroder ISF Asian Convertible Bond A Acc NAV USD
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager
Chris Richards
since 29/11/2013
Fund objective
The fund aims to provide capital growth by investing in convertible securities issued by companies in Asia (excluding Japan). The fund invests at least two-thirds of its assets in a diversified range of convertible bonds issued by companies in Asia excluding Japan. The fund may also invest in equities of Asian companies (excluding Japan).Convertible bonds are typically corporate bonds that can be converted into equities at a given price. As such, the manager believes investors can gain exposure to Asian (excluding Japan) equity markets with the defensive benefits and less volatile characteristics of a bond investment.The fund may invest in excess of 50% 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).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.
Benchmark
THOMSON REUTERS Convertible Bond Asia ex-Japan
Investment style
None
Investment method
Convertibles

Quick stats

1 Year return

3.31 %

1 Year rank in sector

50/75

Sector

FO Convertible

Yield
-
Fund size

£ 91.5 m

FE Risk score

47

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    29.88%
  • Cayman Islands
    17.13%
  • Taiwan
    12.13%
  • Bermuda
    12.05%
  • British Virgin Islands
    10.2%
  • Industrials
    81.52%
  • Utilities
    10.75%
  • Financials
    10.71%
  • Others
    -2.97%
  • Chinese Fixed Interest
    29.88%
  • American Emerging Fixed Interest
    27.32%
  • Taiwanese Fixed Interest
    12.13%
  • North American Fixed Interest
    12.05%
  • Malaysian Fixed Interest
    6.87%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.35 %1.36 %3.31 %7.19 %23.98 %
Sector-0.72 %1.35 %4.06 %7.15 %26.5 %
Rank within sector16 / 7744 / 7650 / 7532 / 6234 / 54
Quartile th1 st3 rd3 rd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund3.95 %0.63 %6.22 %1.48 %3.9 %
Sector3.21 %0.75 %2.92 %2.27 %11.66 %
Rank within sector29 / 7637 / 7412 / 6948 / 6252 / 55
Quartile th2 nd2 nd1 st4 th4 th

Risk statistics

Alpha0.61
Beta0.94
Sharpe-0
Volatility7.2
Tracking error4.95
Information ratio0.07
R-Squared0.52

Price movement

52 week high129.7758
52 week low120.9735
Current bid price0
Current offer price0
Current mid price127.6828

Holdings by region

  • 29.88% China
  • 17.13% Cayman Islands
  • 12.13% Taiwan
  • 12.05% Bermuda
  • 10.2% British Virgin Islands
  • 6.87% Malaysia
  • 5.98% Hong Kong
  • 3.12% Singapore
  • 2.6% Thailand
  • 2.09% Philippines

Holdings by sector

  • 81.52% Industrials
  • 10.75% Utilities
  • 10.71% Financials
  • -2.97% Others

Holdings by asset type

  • 29.88% Chinese Fixed Interest
  • 27.32% American Emerging Fixed Interest
  • 12.13% Taiwanese Fixed Interest
  • 12.05% North American Fixed Interest
  • 6.87% Malaysian Fixed Interest
  • 5.98% Hong Kong Fixed Interest
  • 3.14% Money Market
  • 3.12% Singapore Fixed Interest
  • 2.6% Thai Fixed Interest
  • 2.09% Philippine Fixed Interest

Individual holdings

  • 5.75% SEMICONDUCTOR MANUFACTURING INTL CO 0% CNV BDS 30/06/22 USD250000 REG S
  • 5.59% HAITONG INTL SECURITIES GROUP LTD 0% CNV BDS 25/10/19 HKD2000000REG S
  • 5.56% CRRC CORP LTD 0% CNV BDS 05/02/21 USD600000000 REG S
  • 5.52% CHINA RAILWAY CONSTRUCTION CORP 0% CNV BDS 29/01/21 USD250000REG S
  • 4.63% NANYA TECHNOLOGY CORP 0% CNV BDS 24/01/22 USD200000
  • 4.49% ZHEJIANG EXPRESSWAY CO 0% BDS 21/04/22 EUR100000
  • 4.32% CROTONA ASSETS LTD 4% CNV BDS 14/04/19 USD200000
  • 4.05% UNITED MICROELECTRONICS CORP 0% CNV BDS 18/05/20 USD200000 REG S
  • 4.02% CHINA OVERSEAS FIN INV(CAYMAN)IV 0% CNV BDS 05/01/23 USD200000
  • 3.94% KUNLUN ENERGY CO LTD 1.625% CNV BDS 25/07/19 USD1000