Fact sheet: Schroder ISF StgCr

Fund information

Fund name
Schroder ISF Strategic Credit C Dis NAV GBP
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager
Peter Harvey
since 10/12/2007
Fund objective
The fund aims to provide capital growth and income by investing in bonds issued by companies in Europe. The fund invests at least two-thirds of its assets in bonds issued by governments, government agencies, supra-nationals and companies in Europe. The fund may invest up to 100% of its assets in securities with a sub-investment grade credit rating (as measured by Standard & Poor's or any equivalent grade of other credit rating agencies). The fund may also seek up to 25% exposure to convertible bonds and bonds with warrants. The exposure to convertible bonds includes up to 10% 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
No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest

Quick stats

1 Year return

4.83 %

1 Year rank in sector

17/28

Sector

FO Fixed Int - Europe

Yield

4.34

Fund size

£ 1.4 b

FE Risk score

14

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    35.68%
  • Netherlands
    11.54%
  • France
    8.6%
  • Germany
    6.61%
  • Luxembourg
    5.98%
  • Industrials
    43.86%
  • Financials
    31.41%
  • Others
    15.89%
  • Utilities
    4.25%
  • Government Agency Bonds
    2.36%
  • UK Fixed Interest
    38.75%
  • Dutch Fixed Interest
    11.54%
  • French Fixed Interest
    8.6%
  • German Fixed Interest
    6.61%
  • Luxembourg Fixed Interest
    5.98%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.21 %2.28 %4.83 %14.03 %25.35 %
Sector0.34 %2.51 %4 %9.91 %24.26 %
Rank within sector22 / 2917 / 2817 / 2812 / 2310 / 16
Quartile th4 th3 rd3 rd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund3.65 %5.93 %3.42 %3 %4.45 %
Sector3.26 %5.13 %1.14 %5.17 %4.22 %
Rank within sector16 / 2815 / 276 / 2415 / 2013 / 19
Quartile th3 rd3 rd1 st3 rd3 rd

Risk statistics

Alpha2.25
Beta0.68
Sharpe0.38
Volatility2.24
Tracking error1.57
Information ratio0.79
R-Squared0.67

Price movement

52 week high99.7143
52 week low96.0712
Current bid price0
Current offer price0
Current mid price98.3343

Holdings by region

  • 35.68% UK
  • 11.54% Netherlands
  • 8.6% France
  • 6.61% Germany
  • 5.98% Luxembourg
  • 4.77% Canada
  • 4.21% USA
  • 3.03% Not Specified
  • 2.71% Spain
  • 2.66% Jersey

Holdings by sector

  • 43.86% Industrials
  • 31.41% Financials
  • 15.89% Others
  • 4.25% Utilities
  • 2.36% Government Agency Bonds
  • 1.58% Asset/Mortgage-Backed Securities
  • 0.67% Mortgage & Secured Bonds

Holdings by asset type

  • 38.75% UK Fixed Interest
  • 11.54% Dutch Fixed Interest
  • 8.6% French Fixed Interest
  • 6.61% German Fixed Interest
  • 5.98% Luxembourg Fixed Interest
  • 5.19% Money Market
  • 4.77% Canadian Fixed Interest
  • 4.21% US Fixed Interest
  • 2.71% Spanish Fixed Interest
  • 2.65% Italian Fixed Interest

Individual holdings

  • 2.29% ABN AMRO BANK NV FRN 30/11/18 GBP100000
  • 1.55% SAINSBURY(J) 6.5% UNDATED BDS GBP1000 REG S
  • 1.45% Ineos Finance PLC 4% 01/05/2023
  • 1.38% DEUT PFANDBRIEFBANK AG FRN 29/09/17 GBP100000
  • 1.36% BMW INTL INVESTMENT NV FRN 15/02/19 GBP1000
  • 1.35% KONINKLIJKE KPN NV 6.875% BDS 14/03/73 GBP1000
  • 1.3% SCHAEFFLER FINANCE BV 4.75% BDS 15/05/23 USD200000 144A
  • 1.29% BANQUE FEDERATIVE DU CREDIT MUTUAL FRN 07/02/19 GBP100000
  • 1.1% VERALLIA PACKAGING SASU 5.125% BDS 01/08/22 EUR100000
  • 1.05% BANK OF MONTREAL FRN 03/05/18 GBP100000