Fact sheet: Schroder ISFGlCnBd

Fund information

Fund name
Schroder ISF Global Convertible Bond A1 NAV USD
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager(s)
Chris Richards
since 29/11/2013
Peter Reinmuth
since 29/11/2013
Fund objective
The fund aims to provide capital growth by investing in convertible securities issued by companies worldwide. The fund invests at least two-thirds of its assets in a diversified range of convertible bonds issued by companies worldwide. The fund may also invest in equities of companies worldwide. Convertible bonds are typically corporate bonds that can be converted into equities at a given price. As such, the manager believes investors can gain exposure to global equity markets with the defensive benefits and less volatile characteristics of a bond investment. The fund may invest in excess of 50% of its assets in bonds that have a below 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 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
Thomson Reuters Convertible Bond Global Focus
Investment style
None
Investment method
Convertibles

Quick stats

1 Year return

7.79 %

1 Year rank in sector

35/78

Sector

FO Convertible

Yield
-
Fund size

£ 1.6 b

FE Risk score

43

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Japan
    26.1%
  • USA
    22.86%
  • Germany
    8.97%
  • France
    7.46%
  • Netherlands
    6.11%
  • Industrials
    87.1%
  • Financials
    5.12%
  • Utilities
    4.26%
  • Others
    3.52%
  • Japanese Fixed Interest
    26.1%
  • US Fixed Interest
    22.86%
  • German Fixed Interest
    8.97%
  • French Fixed Interest
    7.46%
  • Dutch Fixed Interest
    6.11%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.94 %2.96 %7.79 %12.18 %35.85 %
Sector0.54 %2.23 %7.27 %9.98 %28.28 %
Rank within sector18 / 8127 / 7935 / 7824 / 6511 / 52
Quartile th1 st2 nd2 nd2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund6.64 %1.24 %2.76 %3.63 %15.43 %
Sector5.93 %0.75 %2.92 %2.27 %11.66 %
Rank within sector34 / 7935 / 7741 / 6823 / 609 / 53
Quartile th2 nd2 nd3 rd2 nd1 st

Risk statistics

Alpha0.16
Beta1.14
Sharpe0.12
Volatility6.49
Tracking error1.83
Information ratio0.34
R-Squared0.93

Price movement

52 week high143.1566
52 week low130.9583
Current bid price0
Current offer price0
Current mid price142.0755

Holdings by region

  • 26.1% Japan
  • 22.86% USA
  • 8.97% Germany
  • 7.46% France
  • 6.11% Netherlands
  • 5.68% China
  • 4.26% Not Specified
  • 3.54% Cayman Islands
  • 2.61% Bermuda
  • 1.95% Norway

Holdings by sector

  • 87.1% Industrials
  • 5.12% Financials
  • 4.26% Utilities
  • 3.52% Others

Holdings by asset type

  • 26.1% Japanese Fixed Interest
  • 22.86% US Fixed Interest
  • 8.97% German Fixed Interest
  • 7.46% French Fixed Interest
  • 6.11% Dutch Fixed Interest
  • 5.68% Chinese Fixed Interest
  • 4.15% American Emerging Fixed Interest
  • 2.79% Money Market
  • 2.61% North American Fixed Interest
  • 1.95% Norwegian Fixed Interest

Individual holdings

  • 2.11% DISH NETWORK CORP 3.375% BDS 15/08/26 USD1000
  • 1.82% ROYAL GOLD INC 2.875% CNV BDS 15/06/19 USD1000
  • 1.81% SONY CORP 0% CNV BDS 30/09/22 JPY1000
  • 1.71% SIEMENS FINANCIERINGSMAAT NV 1.65% NTS 16/08/19 USD250000
  • 1.59% TELENOR ASA 0.25% CNV BDS 20/09/19 USD200000
  • 1.48% YAMADA DENKI CO 0% CNV BDS 28/06/19 JPY10000000 REG S
  • 1.36% TECHNIP CNV BDS 25/01/21 EUR100000
  • 1.35% CITRIX SYSTEMS INC 0.5% CNV BDS 15/04/19 USD1000
  • 1.35% IIDA GROUP HLDGS CO LTD 0% CNV BDS 18/06/20 JPY1000
  • 1.32% HAITONG INTL SECURITIES GROUP LTD 0% CNV BDS 25/10/19 HKD2000000REG S