Share Class
ISIN: LU0849399786
Currency: EUR
12/12/2018

up 0.2894 (0.21%)

Schroder ISF EURO High Yield

Investment objective

The fund aims to provide capital growth and income by investing in sub-investment grade bonds denominated in euro issued by companies worldwide.

Investment Policy

The fund invests at least two-thirds of its assets in bonds denominated in EUR issued by governments, government agencies, supra-nationals and companies worldwide. The fund also invests at least two-thirds of its assets in sub-investment grade bonds (being bonds with a credit rating below investment grade as measured by Standard & Poor's or any equivalent grade of other credit rating agencies).
Although high yield bonds are typically perceived to have higher levels of risk, the additional income they may offer over an investment grade bond is intended to compensate for this.
The fund may invest up to 10% of its assets 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.

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.

Performance history ( 31/10/2018 )

Monthly performance % ( 31/10/2018 )

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Monthly performance
Schroder ISF EURO High Yield A Acc Bank of America Merrill Lynch Euro High Yield Constrained Index
1 month -1.62
3 month -1.45
6 month -1.50
Year to date -1.76
1 year -2.05
3 year 14.62
5 year 27.68

Annualised performance % ( 31/10/2018 )

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Annualised performance
Schroder ISF EURO High Yield A Acc Bank of America Merrill Lynch Euro High Yield Constrained Index
3 year 4.64
5 year 5.01
Since launch 5.83 5.70

Calendar year performance % ( 31/12/2017 )

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Calendar year performance
Schroder ISF EURO High Yield A Acc Bank of America Merrill Lynch Euro High Yield Constrained Index
1 year 6.69
2 year 10.02
3 year 3.50
4 year 5.01
5 year 8.46

Discrete Quarter-end Yearly Performance % ( 30/09/2018 )

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Discrete Quarter-end Yearly Performance
Schroder ISF EURO High Yield A Acc Bank of America Merrill Lynch Euro High Yield Constrained Index
2018 0.47
2017 8.28
2016 9.53
2015 1.94
2014 9.07

Overview

Asset ClassFixed Income
Share ClassA
Distribution TypeAcc
Share Class CurrencyEUR
Fund Manager(s)Peter Harvey, Daniel Pearson
Team
Fund Launch Date14/11/2012
Share Class Launch Date14/11/2012
BenchmarkBank of America Merrill Lynch Euro High Yield Constrained Index
Investment SchemeSICAV
DomicileLuxembourg
Fund Range NameSchroder ISF

Charges

Entry Charge13.00 %
Distribution Fee0.00 %
Ongoing Charge1.31 %

1 Up to 3.00% of the total subscription amount (equivalent to 3.09278% of Nav)

Fund Codes

ISINLU0849399786
SEDOLB8B0JQ3
BloombergSCIEHYA LX
CUSIPL81461565
ReutersLU0849399786.LUF
Valoren19901638

Other

Pricing FrequencyDaily
Fiscal Year End31 Dec