Share Class
ISIN: LU1514167136
Currency: USD
18/06/2018

down -0.0608 (-0.06%)

Schroder ISF Global Credit Income USD

Investment objective

The fund aims to provide income and capital growth by investing in bonds issued by governments and companies worldwide. The fund aims to mitigate losses in falling markets. The mitigation of losses cannot be guaranteed.

Investment Policy

The fund invests at least two-thirds of its assets in investment grade bonds and high yield bonds 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 securities and mortgage-backed securities; up to 10% of its assets in convertible bonds (including contingent convertible bonds); up to 10% of its assets in open-ended investment funds; and in money market instruments and hold cash. The manager aims to mitigate losses by diversifying the fund's asset allocation away from areas of the market identified as having a high risk of material negative return. The fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the fund more efficiently. The fund may take short positions.

Distribution Policy

This share class pays a monthly distribution at a fixed rate of 4.50% per annum of the value per share. The distribution policy is kept under review.

Performance history ( 31/05/2018 )

Daily performance % ( 18/06/2018 )

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Daily performance
Schroder ISF Global Credit Income USD A Dis
1 year 1.65
3 year 0.00
5 year 0.00
10 year 0.00
Since launch 7.72

Monthly performance % ( 31/05/2018 )

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Monthly performance
Schroder ISF Global Credit Income USD A Dis
1 year 2.14
Since launch 7.86 5.81

Annualised performance % ( 31/05/2018 )

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Annualised performance
Schroder ISF Global Credit Income USD A Dis
Since launch 5.18 3.84

Calendar year performance % ( 31/12/2017 )

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Calendar year performance
Schroder ISF Global Credit Income USD A Dis
1 year 7.83

Overview

Asset ClassFixed Income
Share ClassA
Distribution TypeDis
Share Class CurrencyUSD
Fund Manager(s)Patrick Vogel
Michael Scott
Total Fund Size (millions) 705.34
Fund Launch Date30/11/2016
Share Class Launch Date30/11/2016
Investment SchemeSICAV
DomicileLuxembourg
Fund Range NameSchroder ISF

Charges

Entry Charge13.00 %
Distribution Fee0.00 %
Ongoing Charge1.54 %

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

Fund Codes

ISINLU1514167136
SEDOLBD24GB3
BloombergSCGCAIU LX
CUSIPL81465665
ReutersLU1514167136.LUF
Valoren34540224

Other

Pricing FrequencyDaily
Distribution frequencyMonthly
Fiscal Year End31 Dec

Past performance is not a reliable indicator of future results, prices of shares and the income from them may fall as well as rise and investors may not get the amount originally invested.