Fact sheet: Schroder ISF EURO Hi Yd

Fund information

Fund name
Schroder ISF EURO High Yield C Acc NAV EUR
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager(s)
Konstantin Leidman
since 14/11/2012
Team
since 14/11/2012
Fund objective
The fund aims to provide capital growth and income by investing in sub-investment grade bonds denominated in euro issued by companies worldwide. The fund invests at least two-thirds of its assets in bonds denominated in EUR issued by governments, government agencies, supra-nationals and companies worldwide. The fund also invests at least two-thirds of its assets in sub-investment grade bonds (being bonds with a credit rating below investment grade as measured by Standard & Poor's or any equivalent grade of other credit rating agencies). Although high yield bonds are typically perceived to have higher levels of risk, the additional income they may offer over an investment grade bond is intended to compensate for this. The fund may invest 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
Bank of america Merrill Lynch Euro High Yield Constrained Index USD Hedged
Investment style
High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

7.12 %

1 Year rank in sector

6/28

Sector

FO Fixed Int - EUR High Yield

Yield

4.53

Fund size

£ 1.3 b

FE Risk score

83

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    15.86%
  • Italy
    12.39%
  • USA
    10.57%
  • Luxembourg
    10.12%
  • Netherlands
    9.29%
  • BB
    39.73%
  • B
    27.04%
  • CCC
    11.05%
  • AA
    9.41%
  • BBB
    6.25%
  • UK Fixed Interest
    17.4%
  • Italian Fixed Interest
    12.39%
  • US Fixed Interest
    10.57%
  • Luxembourg Fixed Interest
    10.12%
  • Dutch Fixed Interest
    9.29%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.86 %2.97 %7.12 %23.79 %40.57 %
Sector0.59 %1.9 %5.2 %14.83 %26.35 %
Rank within sector3 / 303 / 296 / 283 / 272 / 25
Quartile th1 st1 st1 st1 st1 st

Calendar performance

YTD-20182017201620152014
Fund0.68 %7.23 %10.56 %4.01 %5.53 %
Sector0.38 %5.21 %7.95 %0.85 %3.16 %
Rank within sector3 / 305 / 286 / 281 / 273 / 27
Quartile th1 st1 st1 st1 st1 st

Risk statistics

Alpha2.54
Beta0.99
Sharpe0.88
Volatility4.23
Tracking error1.08
Information ratio2.31
R-Squared0.94

Price movement

52 week high147.5616
52 week low137.6766
Current bid price0
Current offer price0
Current mid price147.5186

Holdings by region

  • 15.86% UK
  • 12.39% Italy
  • 10.57% USA
  • 10.12% Luxembourg
  • 9.29% Netherlands
  • 7.89% France
  • 5.27% Germany
  • 5.03% Not Specified
  • 4.69% Ireland
  • 4.68% Spain

Holdings by sector

  • 39.73% BB
  • 27.04% B
  • 11.05% CCC
  • 9.41% AA
  • 6.25% BBB
  • 4.07% Non-Rated
  • 2.18% AAA
  • 0.36% CC
  • -0.09% A

Holdings by asset type

  • 17.4% UK Fixed Interest
  • 12.39% Italian Fixed Interest
  • 10.57% US Fixed Interest
  • 10.12% Luxembourg Fixed Interest
  • 9.29% Dutch Fixed Interest
  • 7.89% French Fixed Interest
  • 5.57% Money Market
  • 4.69% Irish Fixed Interest
  • 4.68% Spanish Fixed Interest
  • 3.86% German Fixed Interest

Individual holdings

  • 1.49% WIND TRE S.P.A. 3.125% BDS 20/01/25 EUR1000
  • 1.41% GERMANY(FEDERAL REPUBLIC OF) 0% BDS 10/01/18 EUR0.01
  • 1.33% WIND TRE S.P.A. FRN 20/01/24 EUR1000
  • 1.31% IFIS 4.5% BDS 17/10/27 EUR100000
  • 1.29% GROUPAMA SA FXD/FLTG UNDATED SNR SUB NTS EUR100000
  • 1.28% ENERGY TRANSFER PARTNERS LP 6.25% UNDATED FRN USD1000
  • 1.23% VIRGIN MEDIA RECEIVABLES FIN NOTES 5.5% BDS 15/09/24 GBP100000
  • 1.12% VALEANT PHARMACEUTICALS INTL INC 4.5% BDS 15/05/23 EUR100000 REG S
  • 1.09% EUROPEAN FINANCIAL STABILITY FACILT 1.25% MTN 24/05/33 USD1000
  • 1.09% INFOR(US) INC 5.75% BDS 15/05/22 EUR100000