Fact sheet: Schroder ISFGbHiIBd

Fund information

Fund name
Schroder ISF Global High Income Bond B Dis NAV USD
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager
Alexander Moseley
since 31/12/2012
Fund objective
The fund aims to provide income and capital growth by investing in bonds issued by governments, government agencies, supra-nationals and companies worldwide. The fund invests at least two-thirds of its assets in bonds issued by governments, government agencies and companies worldwide in various currencies. The fund seeks to generate sustainable income by investing in emerging market government bonds, emerging market corporate bonds and developed market high yield corporate bonds. The fund may invest in excess of 50% of its assets in bonds that have a 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). The manager also actively manages currency positions to seek to provide an additional source of return. The fund may invest up to 20% of its assets in asset-backed securities and mortgage-backed securities. The fund may invest up to 10% of its assets in contingent convertible bonds. The fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the fund more efficiently. The fund may use leverage and take short positions. The fund may also hold cash.
Benchmark
Global High Income Bond Composite
Investment style
High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

11.2 %

1 Year rank in sector

5/77

Sector

FO Fixed Int - Global High Yield

Yield

5

Fund size

£ 69.6 m

FE Risk score

94

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    23.2%
  • Turkey
    7.76%
  • South Africa
    6.73%
  • Argentina
    6.63%
  • Mexico
    5.58%
  • Government Bonds
    48.33%
  • Industrials
    33.73%
  • Government Agency Bonds
    9.08%
  • Local Government Bonds
    4.13%
  • Financials
    3.85%
  • US Fixed Interest
    23.2%
  • American Emerging Fixed Interest
    15%
  • Middle East & African Fixed Interest
    12.2%
  • South African Fixed Interest
    6.73%
  • Mexican Fixed Interest
    5.58%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.52 %6.13 %11.2 %12.02 %21.92 %
Sector0.56 %3.03 %6.93 %11.05 %24.77 %
Rank within sector6 / 925 / 885 / 7727 / 6326 / 46
Quartile th1 st1 st1 st2 nd3 rd

Calendar performance

YTD-20172016201520142013
Fund11.13 %16.32 %-6.94 %-2.28 %0.14 %
Sector4.63 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector1 / 829 / 7160 / 6653 / 5746 / 48
Quartile th1 st1 st4 th4 th4 th

Risk statistics

Alpha-2.13
Beta1.7
Sharpe-0
Volatility9.02
Tracking error5.28
Information ratio-0.03
R-Squared0.79

Price movement

52 week high88.7759
52 week low80.2034
Current bid price0
Current offer price0
Current mid price88.3578

Holdings by region

  • 23.2% USA
  • 7.76% Turkey
  • 6.73% South Africa
  • 6.63% Argentina
  • 5.58% Mexico
  • 5.04% Netherlands
  • 4.44% Lebanon
  • 4.3% Indonesia
  • 4.12% Ecuador
  • 4.01% Ghana

Holdings by sector

  • 48.33% Government Bonds
  • 33.73% Industrials
  • 9.08% Government Agency Bonds
  • 4.13% Local Government Bonds
  • 3.85% Financials
  • 1.51% Utilities
  • -0.63% Others

Holdings by asset type

  • 23.2% US Fixed Interest
  • 15% American Emerging Fixed Interest
  • 12.2% Middle East & African Fixed Interest
  • 6.73% South African Fixed Interest
  • 5.58% Mexican Fixed Interest
  • 5.04% Dutch Fixed Interest
  • 4.3% Indonesian Fixed Interest
  • 4.18% European Emerging Fixed Interest
  • 4.01% African Fixed Interest
  • 3.45% Polish Fixed Interest

Individual holdings

  • 4.13% BUENOS AIRES(PROVINCE OF) 7.875% NTS 15/06/27 USD150000
  • 3.94% SOUTH AFRICA(REPUBLIC OF) 6.5% BDS 28/02/41 ZAR1
  • 2.84% GHANA(REPUBLIC OF) 9.25% BDS 15/09/22 USD200000
  • 2.61% INDONESIA(REPUBLIC OF) 7% BDS 15/05/27 IDR1000000
  • 2.56% ESKOM HLDGS LTD 7.125% MTN 11/02/25 USD200000
  • 2.52% LEBANON(REPUBLIC OF) 6.65% BDS 22/04/24 USD1000
  • 2.04% ECUADOR REPUBLIC OF (GOVERNMENT) RegS
  • 2.04% PETROBRAS GLOBAL FINANCE BV 7.375% BDS 17/01/27 USD2000
  • 2.03% UKRAINE MINISTRY OF FINANCE 7.75% BDS 01/09/23 USD1000
  • 1.91% LEBANON(REPUBLIC OF) 8.25% EMTN 12/04/21 USD1000