Fact sheet: Schroder ISF RMB FixInc

Fund information

Fund name
Schroder ISF RMB Fixed Income A Acc NAV CNH
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager
Angus Hui
since 07/11/2012
Fund objective
The fund aims to provide long term capital growth and income in renminbi terms by investing in bonds denominated in renminbi. The fund invests at least two-thirds of its assets in bonds and money market instruments issued in onshore or offshore renminbi (CNY/CNH) or in another currency which will be hedged back to renminbi. The bonds are issued by governments, government agencies and companies which may or may not be established or incorporated in mainland China. The fund provides an opportunity for offshore investors to access China's fixed income market. The fund seeks to add value by using a variety of active investment strategies, including security and sector selection, as well as interest rate strategies. The fund may invest in mainland China and interbank bond markets directly through the Renminbi Qualified Foreign Institutional Investor ("RQFII") scheme or regulated markets, or indirectly through notes, certificates, open-ended investment funds and derivative. 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 ALBI China Offshore Investment Grade
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

0.63 %

1 Year rank in sector

-

Sector

FO Fixed Int - Other Single Currency

Yield

2.44

Fund size

£ 217.5 m

FE Risk score

77

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    79.57%
  • Not Specified
    17.64%
  • Germany
    2.34%
  • UK
    0.46%
  • Government Bonds
    53.38%
  • Others
    31.28%
  • Financials
    13.01%
  • Industrials
    2.34%
  • Chinese Fixed Interest
    79.57%
  • Others
    13.2%
  • Money Market
    2.67%
  • German Fixed Interest
    2.34%
  • Global Fixed Interest
    1.83%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.15 %2.07 %0.64 %7.07 %0 %
Sector1.01 %2.99 %2.4 %6.33 %10.07 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund1.54 %2.33 %1.74 %2.48 %1.69 %
Sector3.69 %2.04 %-0.92 %4.25 %-0.3 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha1.57
Beta0.35
Sharpe-0
Volatility2.17
Tracking error2.44
Information ratio0.13
R-Squared0.1

Price movement

52 week high665.5832
52 week low646.312
Current bid price0
Current offer price0
Current mid price662.4914

Holdings by region

  • 79.57% China
  • 17.64% Not Specified
  • 2.34% Germany
  • 0.46% UK

Holdings by sector

  • 53.38% Government Bonds
  • 31.28% Others
  • 13.01% Financials
  • 2.34% Industrials

Holdings by asset type

  • 79.57% Chinese Fixed Interest
  • 13.2% Others
  • 2.67% Money Market
  • 2.34% German Fixed Interest
  • 1.83% Global Fixed Interest
  • 0.46% UK Fixed Interest
  • -0.06% Alternative Investment Strategies

Individual holdings

  • 27.69% CHINA (PEOPLES REPUBLIC OF) 3.52% BDS 04/05/27 CNY1000
  • 13.62% CHINA (PEOPLES REPUBLIC OF) 3.2% BDS 16/03/24 CNY1000
  • 9.09% SCHRODER CHINA FIXED INCOME FUND
  • 8.18% CHINA (PEOPLES REPUBLIC OF) 3.27% BDS 22/08/46 CNY1000
  • 4.6% EXPORT-IMPORT BANK OF CHINA 4.11% BDS 20/03/27 CNY1000
  • 4.57% FUBON BANK (HONG KONG) LTD 3.8% BDS 22/05/21 CNY500000
  • 4.19% AGRICULTURAL BANK OF CHINA HK 3.4% MTN 06/08/17 CNY1000000
  • 3.72% BANK OF CHINA LTD 3.6% MTN 12/07/18 CNY1000000
  • 3.25% CHINA CONSTRUCTION BANK 4.9% BDS 12/11/2024 CNY1000000
  • 3.17% CHINA(PEOPLE`S REPUBLIC OF) 3.4% BDS 30/11/20 CNY500000