Fact sheet: Schroder ISF EURO ST Bd

Fund information

Fund name
Schroder ISF EURO Short Term Bond C Acc NAV
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager(s)
James Lindsay-Fynn
since 01/08/2012
James Ringer
since 26/08/2016
Thomas Sartain
since 01/08/2012
Fund objective
The fund aims to provide capital growth and income by investing in short term bonds denominated in euro. The fund invests at least two-thirds of its assets in short term bonds with an investment grade or sub-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) denominated in euro issued by governments, government agencies and companies worldwide. The fund will have an average duration that will not exceed 3 years and the residual maturity of any bond will not exceed 5 years. This means that the average remaining life of the bonds held in the fund will be less than 3 years and the remaining life of every bond will be less than 5 years. The fund focuses on bonds which have less than five years to run before they are repaid. The manager believes these bonds normally offer the potential for higher returns than money market instruments, and tend to be less risky than longer-dated 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
Citi European Monetary Union Government Bond 1-3y
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

0.39 %

1 Year rank in sector

21/38

Sector

FO Fixed Int - EUR Short/ Medium Maturity

Yield

0.99

Fund size

£ 628.8 m

FE Risk score

80

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • France
    23.42%
  • Italy
    21.72%
  • Spain
    15.38%
  • UK
    12.07%
  • USA
    9.04%
  • Government Bonds
    44.34%
  • Financials
    20.5%
  • Government Agency Bonds
    14.37%
  • Industrials
    8.77%
  • Mortgage & Secured Bonds
    6.62%
  • French Fixed Interest
    23.42%
  • Italian Fixed Interest
    21.72%
  • Spanish Fixed Interest
    15.38%
  • UK Fixed Interest
    12.07%
  • US Fixed Interest
    9.04%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.1 %0.25 %0.39 %1.49 %5.23 %
Sector0.06 %0.14 %0.4 %1.83 %6.19 %
Rank within sector10 / 3916 / 3921 / 3819 / 3614 / 29
Quartile th2 nd2 nd3 rd3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund0.31 %0.38 %0.66 %2.15 %1.64 %
Sector0.22 %1.15 %0.21 %3.37 %0.95 %
Rank within sector21 / 3826 / 377 / 3614 / 3013 / 29
Quartile th3 rd3 rd1 st2 nd2 nd

Risk statistics

Alpha0.16
Beta0.44
Sharpe-0
Volatility0.55
Tracking error0.65
Information ratio-0.26
R-Squared0.61

Price movement

52 week high7.7049
52 week low7.6549
Current bid price0
Current offer price0
Current mid price7.7029

Holdings by region

  • 23.42% France
  • 21.72% Italy
  • 15.38% Spain
  • 12.07% UK
  • 9.04% USA
  • 4.61% Germany
  • 3.87% Luxembourg
  • 2.77% Switzerland
  • 1.85% International
  • 1.67% Norway

Holdings by sector

  • 44.34% Government Bonds
  • 20.5% Financials
  • 14.37% Government Agency Bonds
  • 8.77% Industrials
  • 6.62% Mortgage & Secured Bonds
  • 4.83% Fixed Interest
  • 0.79% Local Government Bonds
  • 0.3% Utilities
  • -0.53% Others

Holdings by asset type

  • 23.42% French Fixed Interest
  • 21.72% Italian Fixed Interest
  • 15.38% Spanish Fixed Interest
  • 12.07% UK Fixed Interest
  • 9.04% US Fixed Interest
  • 4.61% German Fixed Interest
  • 3.87% Luxembourg Fixed Interest
  • 2.77% Swiss Fixed Interest
  • 1.85% Supranational Fixed Interest
  • 1.67% Norwegian Fixed Interest

Individual holdings

  • 11.35% FRANCE(GOVT OF) 0% BDS 25/02/20 EUR1
  • 8.12% ITALY(REPUBLIC OF) 0.35% BDS 15/06/20 EUR1000
  • 6.2% ITALY(REPUBLIC OF) 3.5% NTS 01/12/18 EUR1000
  • 5.13% SPAIN(KINGDOM OF) 4.3% BDS 31/10/19 EUR1000
  • 5.11% ITALY(REPUBLIC OF) 4.75% BDS 01/09/21 EUR1000
  • 3.45% SPAIN(KINGDOM OF) 0.25% BDS 31/01/19 EUR1000
  • 2.98% EUROPEAN FINANCIAL STABILITY FACILT 0% NTS 29/03/21 EUR1000
  • 2.32% SNCF RESEAU 2% MTN 13/10/20 USD200000
  • 2.29% ITALY(REPUBLIC OF) 3.75% BDS 01/08/21 EUR1000
  • 2.26% FMS WERTMANAGEMENT 0.125% BDS 16/04/20 EUR1000