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(s)
Patrick Vogel
since 18/12/2013
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

7.29 %

1 Year rank in sector

5/65

Sector

FO Fixed Int - EUR Corporate Bond

Yield

2.47

Fund size

£ 1.8 b

FE Risk score

83

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    16.75%
  • USA
    12.13%
  • France
    11.61%
  • Netherlands
    10.62%
  • Spain
    6.62%
  • BBB
    56.6%
  • BB
    16.64%
  • A
    15.59%
  • AA
    3.63%
  • Non-Rated
    3.26%
  • UK Fixed Interest
    17.01%
  • US Fixed Interest
    12.13%
  • French Fixed Interest
    11.61%
  • Dutch Fixed Interest
    10.62%
  • Spanish Fixed Interest
    6.62%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.58 %2.76 %7.29 %16.32 %0 %
Sector0.17 %1.26 %3.36 %6.13 %16.93 %
Rank within sector4 / 685 / 675 / 655 / 63 /
Quartile th1 st1 st1 st1 st th

Calendar performance

YTD-20182017201620152014
Fund0.6 %6.84 %7.45 %2.13 %9.74 %
Sector0.19 %2.87 %4.74 %-1.02 %6.9 %
Rank within sector4 / 687 / 654 / 643 / 631 / 58
Quartile th1 st1 st1 st1 st1 st

Risk statistics

Alpha2.88
Beta1.16
Sharpe0.53
Volatility3.71
Tracking error1.14
Information ratio2.81
R-Squared0.92

Price movement

52 week high129.3476
52 week low120.2895
Current bid price0
Current offer price0
Current mid price129.3476

Holdings by region

  • 16.75% UK
  • 12.13% USA
  • 11.61% France
  • 10.62% Netherlands
  • 6.62% Spain
  • 5.86% Germany
  • 4.18% Italy
  • 3.99% Ireland
  • 3.51% Luxembourg
  • 3.03% Switzerland

Holdings by sector

  • 56.6% BBB
  • 16.64% BB
  • 15.59% A
  • 3.63% AA
  • 3.26% Non-Rated
  • 2.41% B
  • 1.87% AAA

Holdings by asset type

  • 17.01% UK Fixed Interest
  • 12.13% US Fixed Interest
  • 11.61% French Fixed Interest
  • 10.62% Dutch Fixed Interest
  • 6.62% Spanish Fixed Interest
  • 5.86% German Fixed Interest
  • 4.18% Italian Fixed Interest
  • 3.99% Irish Fixed Interest
  • 3.51% Luxembourg Fixed Interest
  • 3.03% Swiss Fixed Interest

Individual holdings

  • 1.39% ZIGGO SEC FIN BV 4.25% SNR SEC NTS 15/01/27 EUR REG S
  • 1.22% GOLDMAN SACHS GROUP INC 1.375% MTN 15/05/24 EUR1000
  • 1.09% INMOBILIARIA COLONIAL SOCIMI, S.A. 1.45% NTS 28/10/24 EUR1
  • 1% ARGENTINA(REPUBLIC OF) 7.82% BDS 31/12/33 EUR1000`DIS`
  • 0.99% GROUPAMA SA FXD/FLTG UNDATED SNR SUB NTS EUR100000
  • 0.95% CREDIT SUISSE GROUP AG FRN 17/07/25 EUR100000
  • 0.9% BARCLAYS PLC 2.375% RESET NTS 06/10/23 GBP100000
  • 0.86% YORKSHIRE BUILDING SOCIETY 1.25% NTS 17/03/22 EUR100000
  • 0.85% ROYAL BANK OF SCOTLAND GROUP PLC 2% TO FRN 08/03/23 EUR100000
  • 0.85% VERIZON COMMUNICATIONS INC 2.875% BDS 15/01/38 EUR100000