Fact sheet: Schroder Long Dated Corp Bond

Fund information

Fund name
Schroder Long Dated Corporate Bond I Acc
Fund company manager
Schroder UT Managers
Fund type
UKA
Fund manager
Adam Cordery
since 01/08/2007
Fund objective
The fund aims to provide capital growth and income. At least 80% of the fund will be invested in bonds issued by companies.The fund will invest in bonds issued either in sterling, or in another currency and hedged back into sterling (to reduce or remove the risk of loss through currency movements).The central appeal of the corporate bond market is that bonds in this sector generally offer higher interest payments than those available on government bonds, creating the potential for higher returns over the longer term. Corporate bonds also tend to be less volatile than shares of companies. In addition with many companies and industries to choose from, there is a lot of scope to add value through issuer and sector selection.The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently. The fund may use leverage and take short positions.
Benchmark
Bank of America Merrill Lynch Non Gilts All Stocks Over 15 Yrs
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

16.52 %

1 Year rank in sector

2/90

Sector

UT Sterling Corporate Bond

Yield

4.01

Fund size

£ 326.5 m

FE Risk score

69

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    42.2723%
  • Netherlands
    11.2977%
  • USA
    9.8999%
  • France
    9.4418%
  • Luxembourg
    5.643%
  • Others
    24.6203%
  • Electricity Supply
    12.879%
  • Banks
    8.1897%
  • Communications
    7.435%
  • Government Bonds
    7.1747%
  • UK Fixed Interest
    42.2723%
  • Dutch Fixed Interest
    11.2977%
  • US Fixed Interest
    9.8999%
  • French Fixed Interest
    9.4418%
  • Luxembourg Fixed Interest
    5.643%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.85 %8.54 %13.02 %39.81 %61.44 %
Sector0.45 %4.9 %7.92 %19.36 %34.16 %
Rank within sector9 / 971 / 952 / 901 / 841 / 70
Quartile th1 st1 st1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund6.77 %18.34 %-0.74 %19.12 %0.37 %
Sector4.07 %9.08 %-0.3 %10.06 %0.21 %
Rank within sector2 / 951 / 8862 / 861 / 8347 / 77
Quartile th1 st1 st3 rd1 st3 rd

Risk statistics

Alpha-0.43
Beta2.06
Sharpe0.73
Volatility11.2
Tracking error5.93
Information ratio0.92
R-Squared0.97

Price movement

52 week high327.3
52 week low283.4
Current bid price0
Current offer price0
Current mid price320.3

Holdings by region

  • 42.2723% UK
  • 11.2977% Netherlands
  • 9.8999% USA
  • 9.4418% France
  • 5.643% Luxembourg
  • 4.6683% Others
  • 4.0869% Cayman Islands
  • 2.5118% Money Market
  • 1.9889% Italy
  • 1.8116% Mexico

Holdings by sector

  • 24.6203% Others
  • 12.879% Electricity Supply
  • 8.1897% Banks
  • 7.435% Communications
  • 7.1747% Government Bonds
  • 6.3818% Utilities
  • 5.4446% Wholesale
  • 5.1296% Fixed Interest
  • 2.893% Asset/Mortgage-Backed Securities
  • 2.6992% Transport

Holdings by asset type

  • 42.2723% UK Fixed Interest
  • 11.2977% Dutch Fixed Interest
  • 9.8999% US Fixed Interest
  • 9.4418% French Fixed Interest
  • 5.643% Luxembourg Fixed Interest
  • 4.6683% Global Fixed Interest
  • 4.0869% American Emerging Fixed Interest
  • 2.5118% Money Market
  • 1.9889% Italian Fixed Interest
  • 1.8116% Mexican Fixed Interest

Individual holdings

  • 2.51% EUROPEAN INVESTMENT BANK 5% BDS 15/4/2039 GBP1000
  • 2.34% RWE FINANCE BV 6.125% MTN 06/07/39 GBP50000
  • 2.19% EDF 5.5% BDS 17/10/41 GBP100000
  • 2.08% LCR FINANCE 5.1% GTD BDS 7/3/51 GBP(VAR)
  • 1.83% ENEL FINANCE INT 5.75% BDS 14/09/40 GBP1400000000
  • 1.74% CITIGROUP INC 7.375% BDS 01/09/39 GBP50000
  • 1.7% ANHEUSER-BUSCH INBEV SA/NV 2.85% NTS 25/05/37 GBP1000
  • 1.62% DONG ENERGY AS 5.75% NTS 09/04/40 GBP500000
  • 1.58% E.ON INTERNATIONAL FINANCE 6.75% MTN 27/01/39 GBP50000
  • 1.58% HM TREASURY UNITED KINGDOM DMO 3.5% GILT 22/07/68 GBP0.01