Morningstar Fund Report  | 07/04/2025Print

Schroder International Selection Fund EURO Corporate Bond X Accumulation EUR

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Schroder International Selection Fund EURO Corporate Bond X Accumulation EUR
Fund-6.6-11.07.91.91.5
+/-Cat0.5-2.62.72.10.3
+/-B’mrk0.8-1.52.62.40.2
 
Category: EUR Corporate Bond
Category Benchmark: Morningstar EZN Corp Bd GR EUR
Key Stats
NAV
07/04/2025		 EUR 102.90
Day Change 0.10%
Morningstar Category™ EUR Corporate Bond
ISIN LU2098789337
Fund Size (Mil)
04/04/2025		 EUR 15400.97
Share Class Size (Mil)
04/04/2025		 EUR 208.17
Max Initial Charge -
Ongoing Charge
26/03/2025		  0.34%
Morningstar Research
Analyst Report29/08/2024
Giovanni Cafaro, Analyst
Morningstar, Inc

Schroder ISF Euro Corporate Bond boasts a differentiated thematic approach to credit analysis and a long-tenured lead manager. The Morningstar Analyst Rating for the fund’s clean share class (C) remains at Bronze. Depending on fees, other share...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent24
Process24
Performance
Price
Investment Objective: Schroder International Selection Fund EURO Corporate Bond X Accumulation EUR
The Fund aims to provide capital growth and income in excess of the ICE BofA Euro Corporate index after fees have been deducted over a three to five year period 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 in fixed and floating rate securities denominated in or hedged to Euro issued by companies and other non-sovereign bond issuers, governments, government agencies, supra-nationals and companies worldwide.
Returns
Trailing Returns (GBP)07/04/2025
YTD2.90
3 Years Annualised2.82
5 Years Annualised1.43
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Patrick Vogel
27/08/2012
Inception Date
22/01/2020

Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE BofA Euro Corporate TR EURMorningstar EZN Corp Bd GR EUR
Portfolio Profile for  Schroder International Selection Fund EURO Corporate Bond X Accumulation EUR28/02/2025
Fixed Income
Effective Maturity9.31
Effective Duration4.55
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond100.0812.3387.75
Property0.000.000.00
Cash25.6315.929.70
Other2.550.002.55
Growth Of 1000 (GBP) 31/03/2025
Fund:  Schroder International Selection Fund EURO Corporate Bond X Accumulation EUR
Category:  EUR Corporate Bond
Category Index:  Morningstar EZN Corp Bd GR EUR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 202120222023202431/03
Price Return-6.61-11.027.951.871.51
+/- Category0.50-2.562.742.090.31
+/- Category Index0.81-1.542.562.430.23
% Rank in Category22903314
Trailing Returns (GBP)07/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.10   -0.41-0.37
1 Week1.37   -0.18-0.19
1 Month0.94   -0.85-0.90
3 Months2.81   0.230.09
6 Months2.59   0.170.08
YTD2.90   0.100.09
1 Year4.18   1.101.16
3 Years Annualised2.82   1.411.77
5 Years Annualised1.43   0.901.38
10 Years Annualised-   --
 
Category: EUR Corporate Bond
Category Index: Morningstar EZN Corp Bd GR EUR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20251.51---
20240.31-0.191.230.52
20230.72-1.101.766.49
2022-5.66-8.40-0.493.48
2021-5.321.630.07-3.02
2020-9.772.262.40
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighHigh4 star
5-YearHighHigh4 star
10-Year--Not Rated
OverallHighHigh4 star
 
Category :  EUR Corporate BondClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev6.41 %
3-Yr Mean Return1.94 %
 
3-Yr Sharpe Ratio-0.33
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar EZN Corp Bd GR EUR  Markit iBoxx EUR Corp Subordinated TR
3-Yr Beta1.091.04
3-Yr Alpha1.62-0.65
 
Fixed Income Style28/02/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)EUR 15633
Maturity Distribution %
1 to 310.39
3 to 523.07
5 to 718.25
7 to 1018.89
10 to 1510.69
15 to 204.77
20 to 304.71
Over 301.35
Effective Maturity9.31
Effective Duration4.55
Credit Quality Breakdown %     %
AAA3.78   BB7.61
AA9.05   B1.41
A26.88   Below B0.09
BBB50.38   Not Rated0.80
 
Category: EUR Corporate Bond
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond100.0812.3387.75
Property0.000.000.00
Cash25.6315.929.70
Other2.550.002.55
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings722
Assets in Top 10 Holdings10.55
NameSectorCountry% of Assets
Euro Schatz Future Mar 25Germany2.82
Germany (Federal Republic Of) 2.5%Germany1.45
France (Republic Of) 0%France0.96
Euro Bund Future Mar 25Germany0.95
TotalEnergies Capital International S... France0.91
Bank of Nova Scotia 7.35%Canada0.75
JPMorgan Chase & Co. 4.457%United States0.73
Spain (Kingdom of) 3.45%Spain0.67
Wintershall Dea Finance B.V. 4.357%United Kingdom0.66
Booking Holdings Inc 3.875%United States0.65
 
Increase Decrease New since last portfolio
Category: EUR Corporate Bond
 
Management
Name of CompanySchroder Investment Management (Europe) S.A.
Phone+352 341 342 202
Websitewww.schroders.com
Address5, rue Höhenhof
 Luxembourg   L-1736
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date22/01/2020
Fund Advisor(s)
Schroder Investment Management (Europe) S.A., German Branch
Fund ManagerPatrick Vogel
Manager Start Date27/08/2012
Education
Johann Wolfgang Goethe-Universitat, Diploma
 
Biography
Patrick Vogel is the Head of Credit Europe at Schroders, which involves managing the Credit strategy for Europe. He joined Schroders in 2012 and is based in London. Patrick was a Head of European Credit Portfolio Management at Legal & General Investment Management from 2007 to 2012, which involved managing European Credit Portfolio Management. He was a Senior Portfolio Manager at Deutsche Bank from 2004 to 2007, which involved managing Client portfolios. He was a Portfolio Manager at Frankfurt-Trust from 2000 to 2004, which involved managing Client portfolios. Qualifications: Dipl-Kfm in Business Administration from Johann Wolfgang Goethe-Universitat.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.00%
Ongoing Charge0.34%
Purchase Details
Minimum Investments
Initial25000000  EUR
Additional12500000  EUR
Savings-
Tax Free Savings Schemes
ISAsNo