Schroder ISF EURO High Yd.AX Dis USD H/  LU1732477028  /

The fund aims to provide capital growth and income in excess of the ICE BofA Euro High Yield Constrained Index after fees have been deducted over a three to five year period by investing in sub-investment grade bonds denominated in euro issued by companies worldwide. The fund is actively managed and invests at least two-thirds of its assets in bonds denominated in EUR issued by governments, government agencies, supra-nationals and companies worldwide. The fund also invests at least two-thirds of its assets in sub-investment grade bonds (being bonds with a credit rating below investment grade as measured by Standard & Poor's or any equivalent grade of other credit rating agencies). Although high yield bonds are typically perceived to have higher levels of risk, the additional income they may offer over an investment grade bond is intended to compensate for this. The fund may invest up to 10% of its assets in contingent convertible bonds. The fund may also invest up to one-third of its asset directly or indirectly in other securities (including other asset classes), countries, regions, industries or currencies, investment funds, warrants and money market investments, and hold cash (subject to the restrictions provided in the prospectus). The fund may also invest in derivatives to create long and short exposure to the underlying assets of these derivatives. The fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the fund more efficiently.

The fund aims to provide capital growth and income in excess of the ICE BofA Euro High Yield Constrained Index after fees have been deducted over a three to five year period by investing in sub-investment grade bonds denominated in euro issued by companies worldwide.