Schr. ISF Euro Cr.Conv.Sh.Du. A Th.CHF H
LU1651856509
Schr. ISF Euro Cr.Conv.Sh.Du. A Th.CHF H/ LU1651856509 /
NAV2024-09-23 |
Chg.+0.1478 |
Type of yield |
Investment Focus |
Investment company |
114.9663CHF |
+0.13% |
reinvestment |
Bonds
Worldwide
|
Schroder IM (EU) ▶ |
Investment strategy
The fund aims to provide income and capital growth in excess of the ICE BofA 1-5 Year BBB Euro Corporate total return index over a three to five year period after fees have been deducted by investing in fixed and floating rate securities denominated in Euro issued by companies worldwide.
The fund is actively managed and invests at least two-thirds of its assets, long (directly or indirectly through derivatives) or short (through derivatives), in fixed and floating rate securities denominated in Euro issued by governments, government agencies, supra-nationals and companies worldwide. The fund may invest up to 30% 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 sovereign government bonds; up to 40% of its assets in asset-backed securities and mortgage-backed securities; and up to 20% of its assets in convertible bonds including up to 10% of its assets in contingent convertible bonds. The fund may invest in asset-backed securities, commercial mortgagebacked securities, and/or residential mortgage-backed securities issued worldwide with an investment grade credit rating (as measured by Standard & Poor's or any equivalent grade of other credit rating agencies). Underlying assets may include credit card receivables, personal loans, auto loans, small business loans, leases, commercial mortgages and residential mortgages.
Investment goal
The fund aims to provide income and capital growth in excess of the ICE BofA 1-5 Year BBB Euro Corporate total return index over a three to five year period after fees have been deducted by investing in fixed and floating rate securities denominated in Euro issued by companies worldwide.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Bonds: Mixed |
Benchmark: |
ICE BofA 1-5 Year BBB Euro Corporate Total Return Index |
Business year start: |
01-01 |
Last Distribution: |
- |
Depository bank: |
J.P. Morgan SE |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, Czech Republic |
Fund manager: |
Patrick Vogel, European Credit Team |
Fund volume: |
339.09 mill.
EUR
|
Launch date: |
2017-08-09 |
Investment focus: |
- |
Conditions
Issue surcharge: |
3.00% |
Max. Administration Fee: |
1.20% |
Minimum investment: |
1,000.00 CHF |
Deposit fees: |
0.30% |
Redemption charge: |
0.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
Schroder IM (EU) |
Address: |
5, rue Höhenhof, 1736, Senningerberg |
Country: |
Luxembourg |
Internet: |
www.schroders.com
|
Assets
Bonds |
|
98.47% |
Cash |
|
1.36% |
Others |
|
0.17% |
Countries
Netherlands |
|
13.20% |
France |
|
12.33% |
United Kingdom |
|
9.47% |
Italy |
|
7.31% |
Luxembourg |
|
7.04% |
United States of America |
|
6.33% |
Germany |
|
4.87% |
Spain |
|
4.62% |
Hungary |
|
3.75% |
Belgium |
|
3.72% |
Switzerland |
|
3.14% |
Czech Republic |
|
2.92% |
Canada |
|
2.31% |
Austria |
|
2.30% |
Sweden |
|
2.17% |
Others |
|
14.52% |