Share Class
ISIN: LU1420362151
Currency: EUR

down -0.1611 (-0.14%)

Schroder ISF Global Multi Credit EUR Hedged

Investment objective

The fund aims to capital growth by investing in bonds.

Investment Policy

The fund invests at least two-thirds of its assets in investment grade and sub-investment grade bonds (as as measured by Standard & Poor's or any equivalent grade of other credit rating agencies) issued by governments, government agencies, supra-nationals and companies worldwide, including emerging market countries.
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); up to 20% of its assets in asset-backed and mortgage-backed securities; and up to 30% of its assets in convertible bonds including up to 10% of its assets in contingent convertible bonds (CoCo's).
The fund may also invest in derivatives in order 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.

Distribution Policy

This share class accumulates income received from the fund's investments, meaning it is kept in the fund and its value is reflected in the price of the share class.


Asset ClassFixed Income
Share ClassA
Distribution TypeAcc
Share Class CurrencyEUR
Fund Manager(s)Patrick Vogel
Julien Houdain
Total Fund Size (millions) 545.83
Fund Launch Date08/06/2016
Share Class Launch Date08/06/2016
BenchmarkEUR LIBOR 3 Months
Investment SchemeSICAV
Fund Range NameSchroder ISF


Entry Charge13.00 %
Distribution Fee0.00 %
Ongoing Charge1.51 %

1 Up to 3% of the total subscription amount (equivalent to 3.09278% of Nav)

Fund Codes



Pricing FrequencyDaily
Fiscal Year End31 Dec
Sharpe ratio0.27
Annualised volatility8.64 %