Schroder Sterling Corporate Bond Z Inc
Latest (Mid) Price:
GBX 140.30
Day Change:
-0.36%
| Shares Class | Inc. |
|---|---|
| Yield | 3.99 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 1,272,398,300.00 | Launch Date | 02/07/1999 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.50 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00B7458508 | Min Topup (£) | 100,000.00 | Ongoing Charge (%) | 0.6300 (on 18/09/2019) |
Fund Objective
The fund aims to provide income and capital growth in excess of the Bank of America Merrill Lynch Sterling Corporate & Collateralised (Gross Total Return) index (after fees have been deducted) over a 3 to 5 year period by investing in bonds issued by UK companies and companies worldwide. The fund is actively managed and invests at least 80% of its assets in bonds denominated in sterling (or in other currencies and hedged back into sterling) and issued by UK companies and companies worldwide. The fund may also invest in bonds issued by governments, government agencies, and supra-nationals. The fund may invest up to 20% of its assets in below investment grade securities (as measured by Standard & Poor’s or any other equivalent credit rating agencies) or in unrated securities. The fund may also invest directly or indirectly in other securities (including in other asset classes), countries, regions, industries or currencies, collective investment schemes (including Schroder funds), warrants and money market instruments, and hold cash. The fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the fund more efficiently. The fund may use leverage and take short positions.
Fund Managers
Team
Jonathan Golan
Asset Breakdown
| Name | Weight |
|---|---|
| American Emerging Corporate Fi | 0.98% |
| Austrian Corporate Fixed Inter | 1.70% |
| Brazilian Corporate Fixed Inte | 0.19% |
| Chinese Corporate Fixed Intere | 0.40% |
| Czech Corporate Fixed Interest | 1.98% |
| Dutch Corporate Fixed Interest | 1.32% |
| European Emerging Corporate Fi | 1.73% |
| French Corporate Fixed Interes | 3.19% |
| German Corporate Fixed Interes | 2.66% |
| Irish Corporate Fixed Interest | 2.31% |
| Italian Corporate Fixed Intere | 0.92% |
| Luxembourg Corporate Fixed Int | 3.31% |
| Mexican Corporate Fixed Intere | 0.38% |
| Money Market | 3.37% |
| Other Corporate Fixed Interest | 0.00% |
| Polish Corporate Fixed Interes | 0.41% |
| Russian Corporate Fixed Intere | 0.06% |
| Singapore Corporate Fixed Inte | 0.58% |
| Spanish Corporate Fixed Intere | 1.10% |
| Swedish Corporate Fixed Intere | 0.02% |
| Swiss Corporate Fixed Interest | 1.08% |
| UK Corporate Fixed Interest | 64.00% |
| US Corporate Fixed Interest | 8.32% |
Region Breakdown
| Name | Weight |
|---|---|
| Austria | 1.70% |
| Brazil | 0.19% |
| China | 0.40% |
| Colombia | 0.16% |
| Czech Republic | 1.98% |
| France | 3.19% |
| Germany | 2.66% |
| Ireland | 2.31% |
| Italy | 0.92% |
| Luxembourg | 3.31% |
| Mexico | 0.38% |
| Money Market | 3.37% |
| Netherlands | 1.32% |
| Others | 0.00% |
| Panama | 0.82% |
| Poland | 0.41% |
| Romania | 1.73% |
| Russia | 0.06% |
| Singapore | 0.58% |
| Spain | 1.10% |
| Sweden | 0.02% |
| Switzerland | 1.08% |
| UK | 64.00% |
| USA | 8.32% |
Sector Breakdown
| Name | Weight |
|---|---|
| Derivatives | 0.04% |
| Financials | 27.60% |
| Government Agency Bonds | 0.14% |
| Government Bonds | 3.43% |
| Industrials | 56.05% |
| Money Market | 0.00% |
| Mortgage & Secured Bonds | 7.85% |
| Others | 0.01% |
| Utilities | 5.22% |
Top 10 Holdings
| Name | Weight |
|---|---|
| ELECTRICITE DE FRANCE SA 6.000 | 2.24% |
| INTERMEDIATE CAPITAL GROUP 1.6 | 2.08% |
| HM TREASURY UNITED KINGDOM DMO | 1.72% |
| BAT INTL FINANCE PLC 4.0000 23 | 1.67% |
| LOGICOR FINANCING SARL 2.75% B | 1.64% |
| PRUDENTIAL PLC 5.7000 19/12/20 | 1.64% |
| HOUSING AND CARE TWY ONE 3.288 | 1.51% |
| QUILTER PLC 4.478% NTS 28/02/2 | 1.48% |
| GRAINGER PLC 3.375% BDS 24/04/ | 1.43% |
| CPI PROPERTY GROUP 2.75% BDS 2 | 1.36% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
