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

9.01 %

1 Year rank in sector

2/28

Sector

FO Fixed Int - EUR High Yield

Yield

4.53

Fund size

£ 1.0 b

FE Risk score

82

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    18.4%
  • Luxembourg
    12.16%
  • USA
    9.68%
  • Netherlands
    9.35%
  • Not Specified
    8.35%
  • BB
    32.87%
  • B
    27.42%
  • AA
    13.05%
  • CCC
    12.42%
  • BBB
    11.85%
  • UK Fixed Interest
    19.52%
  • Luxembourg Fixed Interest
    12.16%
  • US Fixed Interest
    9.68%
  • Money Market
    9.36%
  • Dutch Fixed Interest
    9.35%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.86 %4.21 %9.01 %25.27 %0 %
Sector0.78 %3.76 %6.52 %15.88 %32.97 %
Rank within sector6 / 296 / 282 / 284 / 27 /
Quartile th1 st1 st1 st1 st th

Calendar performance

YTD-20172016201520142013
Fund7.07 %10.56 %4.01 %5.53 %9.1 %
Sector5.26 %7.95 %0.85 %3.16 %8.32 %
Rank within sector4 / 286 / 281 / 273 / 277 / 24
Quartile th1 st1 st1 st1 st2 nd

Risk statistics

Alpha2.62
Beta1
Sharpe0.83
Volatility4.27
Tracking error1.08
Information ratio2.39
R-Squared0.94

Price movement

52 week high146.3048
52 week low133.331
Current bid price0
Current offer price0
Current mid price146.3048

Holdings by region

  • 18.4% UK
  • 12.16% Luxembourg
  • 9.68% USA
  • 9.35% Netherlands
  • 8.35% Not Specified
  • 7.55% France
  • 6.23% Italy
  • 4.74% Ireland
  • 4.03% Spain
  • 3.98% Germany

Holdings by sector

  • 32.87% BB
  • 27.42% B
  • 13.05% AA
  • 12.42% CCC
  • 11.85% BBB
  • 1.24% Non-Rated
  • 0.96% AAA
  • 0.29% CC
  • -0.11% A

Holdings by asset type

  • 19.52% UK Fixed Interest
  • 12.16% Luxembourg Fixed Interest
  • 9.68% US Fixed Interest
  • 9.36% Money Market
  • 9.35% Dutch Fixed Interest
  • 7.55% French Fixed Interest
  • 6.23% Italian Fixed Interest
  • 4.74% Irish Fixed Interest
  • 4.03% Spanish Fixed Interest
  • 3.98% German Fixed Interest

Individual holdings

  • 1.47% GROUPAMA SA FXD/FLTG UNDATED SNR SUB NTS EUR100000
  • 1.45% BAWAG PSK INVEST GMBH 8.125% MTN 30/10/23 EUR100000
  • 1.29% WIND ACQUISITION FINANCE SA 7% NTS 23/04/21 EUR1000
  • 1.27% EUROPEAN FINANCIAL STABILITY FACILT 1.25% MTN 24/05/33 USD1000
  • 1.22% VALEANT PHARMACEUTICALS INTL INC 4.5% BDS 15/05/23 EUR100000 REG S
  • 1.2% N & W GLOBAL VENDING LTD 7% BDS 15/10/23 EUR100000 REG S
  • 1.11% UNIQA INSURANCE GROUP AG 6% NTS 27/07/46 EUR100000
  • 1.11% WFS GLOBAL HLDGS 9.5% BDS 15/07/22 EUR100000REG S
  • 1.1% ICELAND BONDCO PLC 4.625% BDS 15/03/25 GBP1000
  • 1.03% INFOR(US) INC 5.75% BDS 15/05/22 EUR100000