Fact sheet: Schroder ISF EURCrConv

Fund information

Fund name
Schroder ISF EURO Credit Conviction C Acc NAV EUR
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager
European Credit Team
since 18/12/2013
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 issued 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% 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.
Benchmark
iBoxx EUR Corporates BBB index (TR)
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

4.94 %

1 Year rank in sector

2/26

Sector

FO Fixed Int - EUR

Yield

2.47

Fund size

£ 1.5 b

FE Risk score

76

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    16.9%
  • USA
    14.28%
  • France
    13.81%
  • Netherlands
    12.08%
  • Germany
    6.88%
  • Financials
    40.4%
  • Industrials
    35.49%
  • Government Agency Bonds
    9.86%
  • Utilities
    6.23%
  • Government Bonds
    4.94%
  • UK Fixed Interest
    17.22%
  • US Fixed Interest
    14.28%
  • French Fixed Interest
    13.81%
  • Dutch Fixed Interest
    12.08%
  • German Fixed Interest
    6.88%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.63 %4.27 %4.94 %18.15 %0 %
Sector0.45 %1.88 %0.47 %5.57 %17.38 %
Rank within sector3 / 272 / 262 / 261 / 24 /
Quartile th1 st1 st1 st1 st th

Calendar performance

YTD-20172016201520142013
Fund5.26 %7.45 %2.13 %9.74 %0 %
Sector1.54 %2.56 %0.03 %7.69 %1.45 %
Rank within sector2 / 261 / 254 / 2412 / 24 /
Quartile th1 st1 st1 st2 nd th

Risk statistics

Alpha3.2
Beta1.33
Sharpe0.6
Volatility3.71
Tracking error2.27
Information ratio1.67
R-Squared0.66

Price movement

52 week high126.7429
52 week low118.1203
Current bid price0
Current offer price0
Current mid price126.67

Holdings by region

  • 16.9% UK
  • 14.28% USA
  • 13.81% France
  • 12.08% Netherlands
  • 6.88% Germany
  • 5% Spain
  • 3.5% Ireland
  • 3.08% Luxembourg
  • 2.45% Belgium
  • 2.42% Mexico

Holdings by sector

  • 40.4% Financials
  • 35.49% Industrials
  • 9.86% Government Agency Bonds
  • 6.23% Utilities
  • 4.94% Government Bonds
  • 2.35% Others
  • 0.71% Asset/Mortgage-Backed Securities
  • 0.03% Local Government Bonds

Holdings by asset type

  • 17.22% UK Fixed Interest
  • 14.28% US Fixed Interest
  • 13.81% French Fixed Interest
  • 12.08% Dutch Fixed Interest
  • 6.88% German Fixed Interest
  • 5% Spanish Fixed Interest
  • 3.5% Irish Fixed Interest
  • 3.08% Luxembourg Fixed Interest
  • 2.45% Belgian Fixed Interest
  • 2.42% Mexican Fixed Interest

Individual holdings

  • 1.62% MORGAN STANLEY 1.875
  • 1.47% GOLDMAN SACHS GROUP INC 1.375% MTN 15/05/24 EUR1000
  • 1.2% ZIGGO SEC FIN BV 4.25% SNR SEC NTS 15/01/27 EUR REG S
  • 1.06% ARGENTINA(REPUBLIC OF) 7.82% BDS 31/12/33 EUR1000`DIS`
  • 1.05% YORKSHIRE BUILDING SOCIETY 1.25% NTS 17/03/22 EUR100000
  • 1.02% ROYAL BANK OF SCOTLAND GROUP PLC 2% TO FRN 08/03/23 EUR100000
  • 0.99% INMOBILIARIA COLONIAL SA 1.45% NTS 28/10/24 EUR1
  • 0.98% DAIMLER AG 1.5% BDS 03/07/29 EUR1000
  • 0.92% FROMAGERIES BEL 1.5% BDS 18/04/24 EUR100000
  • 0.89% COVENTRY BUILDING SOCIETY 2.5% NTS 18/11/20 EUR100000