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Schroder Absolute Return Bond

Ranked 6 out of 12 in - Absolute Return GBP over 12 months
All calculations are in GBP unless stated

Managed by

Paul Grainger

Bob Jolly

Bob Jolly is a veteran portfolio manager and head of global macro strategy at Schroders having joined the company in 2011. Previously he worked as head of currency, UK fixed income and global sovereign portfolio management at UBS Global Asset Management. Prior to UBS, Jolly spent over two decades at Gartmore Investment Management where he became head of UK, global and structured fixed income portfolio construction. He also spent two years at SEI developing customised solutions for institutional pension fund clients. In his bond strategy he focuses on an active and fundamental approach. He is CFA charterholder, and is based in London.

James Lindsay-Fynn

Tom Sartain

Tom Sartain, CFA is a UK & European rates portfolio manager in the multi-sector team at Schroders Investment Management based in London. Thomas joined Schroders in 2005 as fund manager’s assistant on the global fixed income desk and prior to this, he was with the Royal Bank of Scotland. He graduated from the University of Reading with a BA (Hons) in Management and Business Administration.

Objective

The Funds investment objective is to achieve a positive return over rolling 12 month periods, in all market conditions. The Fund will invest primarily in a portfolio of bonds and other fixed and floating rate securities denominated in various currencies issued by governments, government agencies, supra-national and corporate issuers worldwide. The full spectrum of available securities, including non-investment grade, may be utilized. In addition foreign currency strategies may also be employed. Investment will be primarily in directly held transferable securities.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Absolute Return GBP over : 31/03/2016 - 31/03/2017
  • Rank 6/12 Total Return
  • Rank 10/12 Standard Deviation
  • Rank 7/12 Max Drawdown
Fund Name Currency Return
4 BlueBay Structured Fd Glo Multi-Asset Credit H GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

6.4%

5 Invesco Global Unconstrained Bond A Acc GBP GBP

5.1%

6 Schroder Absolute Return Bond A Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

4.8%

7 MitonOptimal Fixed Interest GBP Fund GBP

4.2%

8 Aberdeen Absolute Return Bond A Acc GBP

3.5%

Fund Name Currency Risk
8 Henderson Multi Asset Credit I Acc GBP Hgd

Currency exposure is hedged

Currency exposure is hedged

GBP

2.4

9 BlueBay Structured Fd Glo Multi-Asset Credit H GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

2.5

10 Schroder Absolute Return Bond A Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

2.6

11 Royal London Duration Hedged Credit Z Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

3.7

12 M&G Alpha Opportunity A GBP Inc GBP

8.5

Fund Name Currency Loss
5 Royal London Absolute Return Gov Bond Z Acc GBP GBP

-0.7%

6 Henderson Multi Asset Credit I Acc GBP Hgd

Currency exposure is hedged

Currency exposure is hedged

GBP

-0.8%

7 Schroder Absolute Return Bond A Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-0.9%

8 Invesco Global Unconstrained Bond A Acc GBP GBP

-1.0%

9 MitonOptimal Fixed Interest GBP Fund GBP

-1.1%

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 0.6%
2016 3.1% -1.1% 0.8% 1.9% 1.4%
2015 -3.2% -0.3% -0.5% -2.5% 0.0%
2014 2.7% 1.5% 0.7% 3.5% -2.9%
2013 1.5% 1.2% 0.4% -0.9% 0.9%
2012 6.9% 3.1% -0.5% 2.2% 2.0%
2011 -1.4% 1.1% -0.9% -3.0% 1.4%
2010 8.2% 2.4% -0.7% 5.4% 0.9%
2009 10.4% 3.0% 1.1% 3.2% 2.7%
2008 -1.9% 4.6% -6.7% -0.4% 0.9%
2007 4.7% 1.5% 0.9% -0.2% 2.5%
2006 3.0% 0.5% 0.1% 0.6% 1.8%
2005 7.6% 1.3% 4.5% 1.1% 0.6%
2004 8.8% 4.1% -1.8% 4.0% 2.3%
2003 2.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date05/09/2003
  • Share Class size26Mn
  • Base currencyGBP
  • ISIN GB0007905945
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment50

Charges

  • Annual management1.00%
  • Initial investment3.25

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Wednesday's fund news from around Europe

Citywire's European research team summarises the stories making the news across the continent today.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).