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Schroder Global High Yield Bond Fund - IC - Managed Fund

Fund Objective
To outperform the Bloomberg Global High Yield ex CMBS ex EMG 2% Capped Index; 100% AUD Hedged Index over rolling 3-year periods after fees.
Fund Strategy
The Fund actively invests in high yield bonds issued by corporates; government and government agencies in various currencies; offering attractive total return prospects. A minimum of 80% of the Fund will be invested in sub-investment grade bonds; and currency exposure will normally be hedged back into AUD.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.18% 2.62% 3.71% 10.56% 7.13% 1.6% 2.82% 4.74%
Growth return 2.18% 2.62% 3.71% 10.56% 7.13% 1.6% 2.82% 1.81%
Income return 0% 0% 0% 0% 0% 0% 0% 2.93%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.3% 0.91% 1.83% 3.89% 4.18% 4.12% 2.77% 2.12%
As at 31 Jul 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Fixed Interest
80.37%
Australian Equities
0.03%
International Equities
0%
Cash
18.73%
Property & Infrastructure
0.88%
Alternatives
0%

General Information

Fund Details
Type Description
Schroder Global High Yield Bond Fund - IC
Schroder Investment Management Australia
SCH0090AU
Non Investment Grade Debt
starstar (as at 31 Jul 2024)
Investment Fund
4 Mar 2014
$70.9 million (as at 22 Aug 2024)
$1.2077 (as at 22 Aug 2024)
$1.2077 (as at 22 Aug 2024)
Finalised
Offer information
Type Description
MER 0% (as at 14 Dec 2023)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $10,000,000
Minimum additional investments $1,000,000

Top 10 holdings (as at 31 Jul 2024)

Holding (as at 31 Jul 2024) Type % of Portfolio
Mc Brazil Downstream Trading Sarl 7.25% Bond - Corporate Bond 2.75%
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FAQs about the Schroder Global High Yield Bond Fund - IC

The objective of the Schroder Global High Yield Bond Fund - IC managed fund is To outperform the Bloomberg Global High Yield ex CMBS ex EMG 2% Capped Index; 100% AUD Hedged Index over rolling 3-year periods after fees.

The strategy of the Schroder Global High Yield Bond Fund - IC managed fund is The Fund actively invests in high yield bonds issued by corporates; government and government agencies in various currencies; offering attractive total return prospects. A minimum of 80% of the Fund will be invested in sub-investment grade bonds; and currency exposure will normally be hedged back into AUD.

The APIR code of the Schroder Global High Yield Bond Fund - IC managed fund is SCH0090AU.

Schroder Global High Yield Bond Fund - IC’s total return last month was 2.18%. This was made up of a growth return of 2.18% and an income return of 0%. These returns were calculated as at 31 Jul 2024.

Schroder Global High Yield Bond Fund - IC’s total return for the last three months was 2.62%. This was made up of a growth return of 2.62% and an income return of 0%%. These returns were calculated as at 31 Jul 2024.

Schroder Global High Yield Bond Fund - IC’s one-year total return is 10.56%. This was made up of a growth return of 10.56% and an income return of 0%. These returns were calculated as at 31 Jul 2024.

Schroder Global High Yield Bond Fund - IC’s one-year total return is 1.6%. This was made up of a growth return of 1.6% and an income return of 0%. These returns were calculated as at 31 Jul 2024.

The asset allocation of the Schroder Global High Yield Bond Fund - IC managed fund is :

Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Schroder Global High Yield Bond Fund - IC managed fund is Schroder Investment Management Australia.

The Schroder Global High Yield Bond Fund - IC managed fund belongs to the Non Investment Grade Debt sector/asset class.

As at 22 Aug 2024, the size of the Schroder Global High Yield Bond Fund - IC managed fund was $70.9 million.

The Schroder Global High Yield Bond Fund - IC managed fund has an inception date of 4 Mar 2014.

The current entry price of the Schroder Global High Yield Bond Fund - IC managed fund is $1.2077 per unit and the current exit price is $1.2077 per unit (as at 22 Aug 2024).

The current exit price of the Schroder Global High Yield Bond Fund - IC managed fund is $1.2077 per unit and the current entry price is $1.2077 per unit (as at 22 Aug 2024).

The minimum initial investment amount for the Schroder Global High Yield Bond Fund - IC managed fund is $10,000,000. Minimum additional investment is $1000000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.