5. Additional Analyses: Testing How the Entry Mode Degree of Control–Firm Performance Relationship Changes Over Time
6.1. Implications for Research
Compra de divisas Venta de divisas Fecha de vencimiento
Plusvalía / (minusvalía) latente Schroder ISF QEP Global Quality (cont.)
JPY 790.401.000 USD 9.556.524 28-ene-2011 165.799**
USD 3.792.702 TRY 5.703.200 21-ene-2011 116.648**
USD 4.926.508 ZAR 35.428.000 21-ene-2011 ( 411.315 )**
USD ( 130.253 ) Schroder ISF QEP US Core
USD 922.295 CAD 931.841 04-feb-2011 ( 10.505 )**
USD ( 10.505 ) Schroder ISF European Allocation
EUR 2.873.924 GBP 2.512.974 13-ene-2011 ( 44.183 )**
EUR ( 44.183 ) Schroder ISF Global Tactical Asset Allocation
CHF 3.224.915 EUR 2.493.945 24-ene-2011 119.721**
CNY 49.356.880 USD 7.409.830 25-ene-2011 65.508**
EUR 2.593.918 CHF 3.224.915 24-ene-2011 13.912**
EUR 9.074.836 USD 11.883.800 27-ene-2011 246.395*
GBP 700.840 USD 1.105.260 24-ene-2011 ( 17.554 )**
GBP 1.647.012 EUR 1.938.585 24-ene-2011 ( 35.096 )**
IDR 6.672.559.790 USD 735.836 25-ene-2011 9.276**
KRW 844.300.623 USD 728.096 25-ene-2011 23.692**
MYR 2.325.274 USD 739.756 25-ene-2011 18.954**
NOK 6.599.251 EUR 834.366 24-ene-2011 13.362**
SGD 5.799.221 USD 4.456.089 24-ene-2011 64.840**
THB 22.259.319 USD 738.874 25-ene-2011 1.598**
TRY 1.669.404 EUR 822.691 24-ene-2011 ( 24.094 )**
USD 4.698.433 EUR 3.497.622 24-ene-2011 23.237**
USD 4.335.456 JPY 361.519.341 24-ene-2011 ( 111.198 )**
USD 412.553 Schroder ISF Asian Bond Absolute Return
CNY 200.000.000 USD 29.958.059 25-mar-2011 465.631**
EUR 5.016.229 USD 6.568.200 27-ene-2011 136.917*
GBP 140.052 USD 215.400 27-ene-2011 1.956*
KRW 51.000.000.000 USD 44.409.613 10-mar-2011 924.440**
SGD 1.654.008 USD 1.267.400 27-ene-2011 22.024*
USD 30.597.423 CNY 200.000.000 25-mar-2011 173.734**
USD 148.300 EUR 112.635 27-ene-2011 ( 2.258 )*
USD 28.132.992 IDR 253.000.000.000 21-ene-2011 ( 125.843 )**
USD 248.684.857 KRW 285.000.000.000 10-mar-2011 ( 4.652.498 )**
USD 145.069.426 MYR 451.000.000 28-ene-2011 ( 2.052.580 )**
USD 124.427.330 SGD 163.000.000 25-feb-2011 ( 2.643.417 )**
USD 14.608.234 THB 440.000.000 21-mar-2011 ( 15.538 )**
USD ( 7.767.432 ) Schroder ISF Emerging Europe Debt Absolute Return
EUR 5.304.022 CZK 130.000.000 18-ene-2011 115.043**
EUR 7.472.639 CZK 183.670.000 02-feb-2011 141.623**
EUR 7.142.628 CZK 178.030.000 28-feb-2011 37.471**
EUR 7.219.637 CZK 180.000.000 02-jun-2011 33.947**
EUR 4.154.186 HUF 1.160.000.000 15-feb-2011 2.998**
EUR 4.319.693 HUF 1.215.000.000 16-mar-2011 ( 14.189 ) EUR 2.204.715 PLN 8.650.000 18-ene-2011 29.373**
EUR 4.898.143 PLN 19.300.000 02-feb-2011 49.474**
EUR 3.216.301 PLN 12.770.000 21-feb-2011 11.488**
EUR 8.058.327 PLN 32.716.000 14-mar-2011 ( 142.217 )**
EUR 3.476.335 TRY 6.985.000 18-ene-2011 106.648**
EUR 8.336.202 TRY 16.950.000 15-mar-2011 216.570**
EUR 423.209 USD 580.000 06-ene-2011 ( 10.711 )**
(cont.)
**Contratos a plazo colocados para fines de cobertura de cartera
Contratos de divisas a plazo (cont.)
Compra de divisas Venta de divisas Fecha de vencimiento
Plusvalía / (minusvalía) latente Schroder ISF Emerging Europe Debt Absolute Return (cont.)
PLN 5.300.000 EUR 1.335.976 18-ene-2011 ( 3.107 )**
RSD 70.500.000 EUR 653.080 21-mar-2011 ( 3.447 )**
USD 912.809 RUB 27.900.000 11-ene-2011 ( 239 )**
EUR 570.725 Schroder ISF Emerging Markets Debt Absolute Return
AUD 36.869.425 USD 36.751.200 27-ene-2011 643.932*
BRL 145.000.000 USD 84.551.859 04-ene-2011 2.729.186** CHF 41.102.358 USD 43.230.600 27-ene-2011 784.403* CLP 20.598.710.990 USD 43.388.543 20-ene-2011 589.581** CLP 42.000.000.000 USD 79.878.281 24-ene-2011 9.767.191** CLP 42.000.000.000 USD 80.790.982 26-ene-2011 8.842.310** CLP 46.533.469.019 USD 97.899.245 22-feb-2011 1.165.392** CLP 43.800.000.000 USD 91.611.100 14-mar-2011 1.461.184** CLP 7.270.000.000 USD 15.257.083 17-mar-2011 187.363** CLP 19.617.819.991 USD 41.192.273 22-mar-2011 466.658**
CNY 810.000.000 USD 123.019.911 18-ene-2011 ( 386.715 )**
CNY 765.000.000 USD 116.701.245 12-abr-2011 ( 189.594 )**
CNY 278.000.000 USD 42.479.196 14-abr-2011 ( 134.771 )**
CNY 121.000.000 USD 18.569.675 25-abr-2011 ( 129.030 )**
CNY 765.000.000 USD 114.603.308 17-may-2011 2.112.672**
CNY 1.075.017.074 USD 162.616.302 27-sep-2011 2.564.368**
CNY 384.982.926 USD 58.525.832 28-sep-2011 631.580**
CNY 257.000.000 USD 39.029.280 29-sep-2011 464.133**
CNY 183.250.000 USD 28.377.855 26-oct-2011 ( 175.670 )**
CNY 1.130.000.000 USD 173.821.551 28-sep-2012 3.410.585**
CZK 1.406.000.000 USD 82.151.841 18-ene-2011 ( 7.137.114 )**
EUR 33.000.000 USD 46.068.660 18-ene-2011 ( 1.958.709 )**
EUR 2.953.783.960 USD 3.867.809.700 27-ene-2011 80.468.220*
EUR 199.600.000 USD 268.982.890 07-feb-2011 ( 2.184.235 )**
EUR 69.047.645 USD 96.167.189 08-feb-2011 ( 3.874.083 )**
EUR 70.100.000 USD 92.211.643 03-mar-2011 1.474.665**
GBP 617.066.450 USD 949.048.200 27-ene-2011 8.617.050*
HUF 18.100.000.000 USD 89.515.331 05-ene-2011 ( 2.551.347 )**
HUF 9.250.000.000 USD 46.916.210 07-ene-2011 ( 2.480.607 )**
HUF 28.500.000.000 USD 139.906.691 18-ene-2011 ( 3.149.811 )**
HUF 10.000.000.000 USD 45.888.270 22-feb-2011 1.904.490**
HUF 20.000.000.000 USD 92.624.830 28-feb-2011 2.893.930**
HUF 18.540.000.000 USD 89.803.827 04-abr-2011 ( 1.629.380 )**
IDR 242.000.000.000 USD 27.209.355 18-ene-2011 ( 174.083 )**
IDR 490.000.000.000 USD 55.025.267 08-feb-2011 ( 348.617 )**
IDR 780.000.000.000 USD 86.254.562 04-abr-2011 330.330**
JPY 6.810.000.000 USD 84.542.397 31-ene-2011 ( 773.016 )**
JPY 16.950.000.000 USD 210.198.144 02-feb-2011 ( 1.692.262 )**
JPY 7.340.000.000 USD 87.859.999 28-feb-2011 2.453.138**
KRW 108.500.000.000 USD 93.534.483 28-feb-2011 2.966.394**
PHP 4.600.000.000 USD 108.362.780 02-feb-2011 ( 2.472.726 )**
PHP 3.740.000.000 USD 87.830.539 07-feb-2011 ( 1.726.183 )**
PHP 4.440.000.000 USD 101.753.374 09-mar-2011 465.989**
PLN 21.668.022 USD 7.094.500 27-ene-2011 184.840*
RUB 4.006.250.000 USD 131.981.358 14-ene-2011 ( 898.946 )**
RUB 2.500.000.000 USD 82.207.096 04-feb-2011 ( 567.554 )**
RUB 2.747.000.000 USD 91.323.746 08-abr-2011 ( 2.145.206 )**
SGD 39.500.000 USD 30.798.860 18-ene-2011 ( 5.642 )** SGD 223.894.630 USD 171.529.900 27-ene-2011 3.012.786* SGD 330.434.761 USD 252.574.802 09-feb-2011 5.023.920** SGD 126.500.000 USD 97.202.639 18-feb-2011 1.413.615** THB 2.700.000.000 USD 90.462.868 18-ene-2011 ( 647.706 )** THB 570.000.000 USD 19.030.131 22-feb-2011 ( 76.040 )** **Contratos a plazo colocados para fines de cobertura de cartera
Contratos de divisas a plazo (cont.)
Compra de divisas Venta de divisas Fecha de vencimiento
Plusvalía / (minusvalía) latente Schroder ISF Emerging Markets Debt Absolute Return (cont.)
TRY 142.600.000 USD 95.677.086 28-feb-2011 ( 4.209.610 )**
TWD 3.250.000.000 USD 108.841.259 08-feb-2011 3.984.691** TWD 585.000.000 USD 19.539.078 14-feb-2011 786.560** TWD 2.700.000.000 USD 87.662.338 01-abr-2011 6.796.290** TWD 2.800.000.000 USD 92.640.077 06-abr-2011 5.380.783** USD 83.381.254 BRL 145.000.000 04-ene-2011 ( 3.899.791 )** USD 82.000.820 CLP 42.000.000.000 24-ene-2011 ( 7.644.652 )** USD 81.984.813 CLP 42.000.000.000 26-ene-2011 ( 7.648.479 )**
USD 45.072.115 CNY 300.000.000 18-ene-2011 ( 347.587 )**
USD 112.318.309 CNY 765.000.000 17-may-2011 ( 4.397.671 )**
USD 79.485.962 CZK 1.406.000.000 18-ene-2011 4.471.235** USD 92.490.656 CZK 1.630.000.000 25-ene-2011 5.524.983** USD 95.270.119 CZK 1.700.000.000 01-feb-2011 4.569.922** USD 94.295.691 CZK 1.760.000.000 28-feb-2011 418.660** USD 91.579.306 CZK 1.740.000.000 01-mar-2011 ( 1.229.980 )** USD 162.178.422 CZK 3.100.000.000 02-mar-2011 ( 3.169.743 )**
USD 43.232.310 EUR 33.000.000 18-ene-2011 ( 877.641 )**
USD 2.477.800 EUR 1.877.690 27-ene-2011 ( 32.080 )*
USD 261.978.482 EUR 199.600.000 07-feb-2011 ( 4.820.173 )**
USD 55.475.736 EUR 42.400.000 08-feb-2011 ( 1.198.575 )**
USD 92.106.351 EUR 70.100.000 03-mar-2011 ( 1.579.956 )**
USD 89.816.979 HUF 18.100.000.000 05-ene-2011 2.852.995**
USD 45.647.454 HUF 9.250.000.000 07-ene-2011 1.211.850**
USD 139.260.585 HUF 28.500.000.000 18-ene-2011 2.503.706**
USD 48.400.368 HUF 10.000.000.000 22-feb-2011 607.608**
USD 93.543.444 HUF 20.000.000.000 28-feb-2011 ( 1.975.316 )**
USD 89.299.363 HUF 18.540.000.000 04-abr-2011 1.124.916**
USD 26.924.789 IDR 242.000.000.000 18-ene-2011 ( 110.483 )**
USD 92.196.928 IDR 840.000.000.000 02-feb-2011 ( 1.558.832 )**
USD 134.413.909 IDR 1.198.300.000.000 08-feb-2011 701.604**
USD 85.048.831 IDR 780.000.000.000 04-abr-2011 ( 1.536.061 )**
USD 81.385.343 JPY 6.810.000.000 31-ene-2011 ( 2.384.038 )**
USD 96.313.808 KRW 110.000.000.000 17-feb-2011 ( 1.541.752 )** USD 93.010.391 KRW 108.500.000.000 28-feb-2011 ( 3.490.486 )** USD 59.826.748 KRW 68.580.000.000 02-mar-2011 ( 1.166.589 )** USD 101.308.901 KRW 116.100.000.000 16-mar-2011 ( 1.834.223 )** USD 79.372.237 MXN 1.000.000.000 31-ene-2011 ( 1.323.232 )** USD 190.953.574 MXN 2.400.000.000 18-feb-2011 ( 2.441.070 )** USD 104.573.710 MXN 1.296.000.000 22-feb-2011 173.646** USD 143.790.415 MXN 1.810.000.000 28-feb-2011 ( 1.946.005 )** USD 24.001.728 MXN 300.000.000 01-mar-2011 ( 151.567 )** USD 328.294.421 MXN 4.100.000.000 15-mar-2011 ( 1.407.341 )**
USD 56.503.226 MYR 175.160.000 10-feb-2011 ( 588.129 )**
USD 94.170.976 MYR 295.000.000 18-feb-2011 ( 1.939.076 )**
USD 180.396.262 MYR 570.600.000 28-feb-2011 ( 5.402.444 )**
USD 78.803.945 MYR 250.000.000 03-mar-2011 ( 2.587.758 )**
USD 50.493.459 PLN 143.000.000 26-ene-2011 2.449.609** USD 92.873.327 PLN 284.000.000 31-ene-2011 ( 2.510.532 )** USD 95.919.975 PLN 280.000.000 17-feb-2011 1.977.932** USD 93.662.362 PLN 284.000.000 28-feb-2011 ( 1.558.345 )** USD 81.305.998 PLN 255.000.000 01-mar-2011 ( 4.186.296 )** USD 137.140.523 PLN 415.700.000 15-mar-2011 ( 2.100.135 )**
USD 127.177.852 RUB 4.006.250.000 14-ene-2011 ( 3.904.561 )**
USD 81.353.726 RUB 2.500.000.000 04-feb-2011 ( 285.816 )**
USD 86.200.404 RUB 2.747.000.000 08-abr-2011 ( 2.978.135 )**
USD 30.222.113 SGD 39.500.000 18-ene-2011 ( 571.104 )**
USD 253.020.769 SGD 330.434.761 09-feb-2011 ( 4.577.953 )**
USD 97.334.272 SGD 126.500.000 18-feb-2011 ( 1.281.982 )**
(cont.)
**Contratos a plazo colocados para fines de cobertura de cartera
Contratos de divisas a plazo (cont.)
Compra de divisas Venta de divisas Fecha de vencimiento
Plusvalía / (minusvalía) latente Schroder ISF Emerging Markets Debt Absolute Return (cont.)
USD 96.865.464 SGD 126.500.000 22-feb-2011 ( 1.750.790 )**
USD 189.462.779 SGD 249.400.000 28-feb-2011 ( 4.963.259 )**
USD 91.524.205 TRY 140.000.000 10-feb-2011 1.526.966**
USD 94.751.004 TRY 142.600.000 28-feb-2011 3.283.527**
USD 91.679.496 TRY 140.000.000 01-mar-2011 1.890.701**
USD 45.823.514 TRY 70.000.000 02-mar-2011 934.601**
USD 94.617.903 ZAR 672.000.000 17-feb-2011 ( 6.240.282 )**
USD 93.828.800 ZAR 677.000.000 28-feb-2011 ( 7.632.515 )**
ZAR 672.000.000 USD 94.607.379 17-feb-2011 6.250.805**
ZAR 677.000.000 USD 96.898.240 28-feb-2011 4.563.075**
ZAR 624.500.000 USD 90.284.414 17-mar-2011 3.083.279**
USD 57.608.757 Schroder ISF EURO Bond
EUR 888.919 CAD 1.190.000 27-ene-2011 ( 2.402 )**
EUR 59.647.288 GBP 50.794.433 27-ene-2011 672.156**
EUR 1.230.211 JPY 137.330.000 27-ene-2011 ( 33.518 )**
EUR 90.050.473 USD 120.171.636 27-ene-2011 147.721**
GBP 421.215 EUR 496.931 27-ene-2011 ( 7.878 )**
GBP 77.131 USD 120.000 27-ene-2011 ( 221 )**
EUR 775.858 Schroder ISF EURO Government Bond
EUR 498.051 GBP 424.130 27-ene-2011 5.612**
EUR 5.612 Schroder ISF EURO Short Term Bond
EUR 7.046.916 GBP 6.001.012 27-ene-2011 79.411**
EUR 61.810.751 USD 82.507.380 27-ene-2011 85.366**
GBP 6.001.012 EUR 7.079.921 27-ene-2011 ( 112.416 )**
EUR 52.361 Schroder ISF Global Bond
AUD 5.000.000 USD 4.907.203 27-ene-2011 164.090**
BRL 1.000.000 USD 580.720 26-ene-2011 18.161*
CAD 357.000 USD 354.104 26-ene-2011 3.328*
CAD 11.550.000 USD 11.357.676 26-ene-2011 206.276**
CHF 2.780.000 USD 2.911.254 26-ene-2011 65.711**
CLP 390.080.000 USD 796.895 26-ene-2011 35.585*
CZK 9.700.000 USD 551.858 26-ene-2011 ( 34.332 )**
DKK 11.160.000 USD 2.087.874 26-ene-2011 ( 86.861 )**
EUR 3.086.014 PLN 12.220.000 26-ene-2011 19.456**
EUR 1.523.070 TRY 3.060.000 26-ene-2011 64.889**
EUR 3.470.000 USD 4.783.237 26-ene-2011 ( 149.720 )*
EUR 10.947.000 USD 14.782.384 26-ene-2011 ( 144.948 )**
GBP 712.017 EUR 815.000 26-ene-2011 15.637**
GBP 750.000 USD 1.196.784 26-ene-2011 ( 32.801 )*
GBP 14.462.709 USD 22.921.822 26-ene-2011 ( 476.023 )**
INR 35.500.000 USD 788.889 26-ene-2011 988*
INR 191.700.000 USD 4.244.907 26-ene-2011 20.426**
JPY 284.900.000 USD 3.474.081 26-ene-2011 30.246*
JPY 5.028.520.000 USD 61.543.634 26-ene-2011 308.168**
KRW 411.700.000 USD 363.042 26-ene-2011 3.520*
KRW 15.229.500.000 USD 13.412.153 26-ene-2011 147.615**
MXN 10.000.000 USD 800.961 26-ene-2011 6.306*
MYR 1.200.000 USD 386.723 26-ene-2011 4.793*
NOK 2.810.000 USD 479.604 26-ene-2011 925**
NZD 360.000 USD 269.500 26-ene-2011 9.274**
PHP 16.900.000 USD 390.481 26-ene-2011 ( 1.844 )*
PLN 2.390.000 EUR 603.566 26-ene-2011 ( 3.805 )*
PLN 11.680.000 USD 4.128.609 26-ene-2011 ( 204.468 )**
SEK 15.220.000 USD 2.282.287 26-ene-2011 ( 17.593 )** **Contratos a plazo colocados para fines de cobertura de cartera
Contratos de divisas a plazo (cont.)
Compra de divisas Venta de divisas Fecha de vencimiento
Plusvalía / (minusvalía) latente Schroder ISF Global Bond (cont.)
TRY 600.000 EUR 298.641 26-ene-2011 ( 12.723 )*
TRY 3.070.000 USD 2.123.692 26-ene-2011 ( 146.279 )**
USD 1.022.999 AUD 1.041.000 27-ene-2011 ( 32.844 )*
USD 587.717 BRL 1.000.000 26-ene-2011 ( 11.165 )*
USD 2.970.383 BRL 5.115.000 26-ene-2011 ( 92.894 )**
USD 3.030.007 CAD 3.083.000 26-ene-2011 ( 56.718 )*
USD 10.628.543 CAD 10.780.000 26-ene-2011 ( 164.479 )**
USD 565.495 CHF 540.000 26-ene-2011 ( 12.764 )*
USD 796.082 CLP 390.080.000 26-ene-2011 ( 36.399 )*
USD 3.916.241 CLP 1.917.000.000 26-ene-2011 ( 174.878 )**
USD 79.650 CZK 1.400.000 26-ene-2011 4.955*
USD 381.654 DKK 2.040.000 26-ene-2011 15.878*
USD 31.526.798 EUR 22.980.000 26-ene-2011 809.833*
USD 22.156.963 EUR 16.150.000 26-ene-2011 569.540**
USD 6.728.386 GBP 4.265.000 26-ene-2011 109.202*
USD 21.436.228 GBP 13.350.000 26-ene-2011 717.329**
USD 87.889 HUF 17.800.000 26-ene-2011 2.553*
USD 786.094 INR 35.500.000 26-ene-2011 ( 3.783 )*
USD 4.204.889 INR 189.220.000 26-ene-2011 ( 5.264 )**
USD 24.221.733 JPY 1.984.240.000 26-ene-2011 ( 184.815 )*
USD 42.282.433 JPY 3.525.025.000 26-ene-2011 ( 1.076.080 )**
USD 3.243.791 KRW 3.692.500.000 26-ene-2011 ( 43.871 )*
USD 797.062 MXN 10.000.000 26-ene-2011 ( 10.205 )*
USD 4.205.046 MXN 52.500.000 26-ene-2011 ( 33.107 )**
USD 384.800 MYR 1.200.000 26-ene-2011 ( 6.715 )*
USD 2.152.756 MYR 6.680.000 26-ene-2011 ( 26.682 )**
USD 69.896 NOK 410.000 26-ene-2011 ( 217 )*
USD 59.992 NZD 80.000 26-ene-2011 ( 1.958 )*
USD 385.669 PHP 16.900.000 26-ene-2011 ( 2.968 )*
USD 2.189.926 PHP 94.780.000 26-ene-2011 10.340**
USD 797.994 PLN 2.260.000 26-ene-2011 38.700*
USD 527.432 SEK 3.540.000 26-ene-2011 690*
USD 381.706 TRY 550.000 26-ene-2011 27.446*
USD 153.203 ZAR 1.070.000 26-ene-2011 ( 7.886 )*
ZAR 6.520.000 USD 930.173 26-ene-2011 51.414**
USD 186.185 Schroder ISF Global Inflation Linked Bond
AUD 220.000 EUR 162.087 27-ene-2011 4.847**
CAD 400.000 EUR 297.619 27-ene-2011 1.984**
EUR 20.051.767 AUD 27.091.542 27-ene-2011 ( 504.935 )**
EUR 21.087.544 CAD 28.230.000 27-ene-2011 ( 56.970 )**
EUR 93.036.497 GBP 79.184.907 27-ene-2011 1.098.462**
EUR 14.621.067 SEK 132.180.000 27-ene-2011 ( 92.457 )**
EUR 448.200 USD 591.445 27-ene-2011 5.729*
EUR 174.636.249 USD 233.038.891 27-ene-2011 295.295**
GBP 139.934.386 EUR 164.396.600 27-ene-2011 ( 1.925.076 )*
GBP 330.000 EUR 386.707 27-ene-2011 ( 3.559 )**
JPY 55.474.210 EUR 496.858 27-ene-2011 13.623**
USD 54.570.530 EUR 41.676.300 27-ene-2011 ( 851.018 )*
USD 5.640.000 EUR 4.267.683 27-ene-2011 ( 48.289 )**
EUR ( 2.062.364 ) Schroder ISF US Dollar Bond
EUR 25.243.023 USD 33.053.300 27-ene-2011 688.663*
GBP 7.997 USD 12.300 27-ene-2011 112*
USD 601.100 EUR 457.510 27-ene-2011 ( 10.447 )*
USD 678.328
(cont.)
*Contratos a plazo colocados para fines de cobertura de clase de acción
Contratos de divisas a plazo (cont.)
Compra de divisas Venta de divisas Fecha de vencimiento
Plusvalía / (minusvalía) latente Schroder ISF Asian Local Currency Bond
CNY 12.500.000 USD 1.851.660 25-mar-2011 49.821**
HKD 34.000.000 USD 4.388.116 14-ene-2011 ( 13.795 )**
IDR 26.000.000.000 USD 2.862.175 17-mar-2011 31.261**
SGD 138.519 USD 106.100 27-ene-2011 1.886*
THB 56.000.000 USD 1.865.530 12-ene-2011 ( 2.737 )**
TWD 32.000.000 USD 1.069.841 17-mar-2011 47.035**
USD 997.201 MYR 3.100.000 28-ene-2011 ( 14.059 )**
USD 3.315.592 KRW 3.800.000.000 10-mar-2011 ( 62.239 )**
USD 3.859.067 SGD 5.000.000 25-feb-2011 ( 38.809 )**
USD ( 1.636 ) Schroder ISF EURO Corporate Bond
JPY 17.520.443.835 EUR 160.311.500 27-ene-2011 913.919*
USD 6.594.309 EUR 5.035.100 27-ene-2011 ( 101.768 )*
EUR 812.151 Schroder ISF Global Corporate Bond
AUD 114.380 USD 114.000 27-ene-2011 2.011*
EUR 252.488.281 USD 330.680.000 27-ene-2011 6.817.230*
EUR 101.036.896 USD 134.870.841 27-ene-2011 183.635**
SGD 9.434.296 USD 7.226.300 27-ene-2011 128.442*
USD 7.749.697 CAD 7.800.000 27-ene-2011 ( 59.573 )**
USD 621.857.445 EUR 465.940.420 27-ene-2011 ( 958.000 )**
USD 335.711.375 GBP 215.843.154 27-ene-2011 730.453**
USD 2.972.779 JPY 249.000.000 27-ene-2011 ( 90.007 )**
USD 124.400 SGD 161.720 27-ene-2011 ( 1.673 )*
USD 6.752.518 Schroder ISF Global High Yield
AUD 1.249.652 USD 1.252.500 27-ene-2011 14.970*
EUR 578.563.788 USD 757.582.200 27-ene-2011 15.775.182*
EUR 4.773.488 USD 6.330.392 27-ene-2011 50.256**
GBP 376.580.819 USD 579.181.300 27-ene-2011 5.258.779**
USD 5.940.037 CHF 5.700.000 27-ene-2011 ( 163.884 )**
USD 687.455.890 EUR 515.148.606 27-ene-2011 ( 1.135.386 )**
USD 142.110.513 GBP 91.351.103 27-ene-2011 336.841**
USD 20.136.758 Schroder ISF Strategic Bond
EUR 4.086.000 GBP 3.486.737 26-ene-2011 50.348**
EUR 470.449.075 USD 616.070.100 27-ene-2011 12.771.995*
GBP 90.888.855 EUR 103.470.000 26-ene-2011 2.750.912**
GBP 25.058.423 USD 38.540.200 27-ene-2011 349.583*
USD 7.398.374 BRL 12.740.000 26-ene-2011 ( 231.373 )**
USD 14.931.563 CLP 7.309.000.000 26-ene-2011 ( 666.764 )**
USD 23.483.395 EUR 16.900.000 26-ene-2011 893.460**
USD 199.204.415 GBP 126.116.000 26-ene-2011 3.475.223**
USD 20.434.720 MXN 255.600.000 26-ene-2011 ( 199.030 )**
USD 14.618.162 MYR 45.470.000 26-ene-2011 ( 217.022 )**
USD 7.136.322 PHP 308.860.000 26-ene-2011 33.696**
USD 3.965.622 ZAR 27.500.000 26-ene-2011 ( 174.508 )**
USD 18.836.520 Schroder ISF Asian Convertible Bond
CHF 2.095.592 USD 2.204.100 27-ene-2011 39.993*
EUR 69.791.840 USD 91.386.900 27-ene-2011 1.902.787*
GBP 5.130.949 USD 7.891.400 27-ene-2011 71.651*
PLN 2.464.739 USD 807.000 27-ene-2011 21.026**
USD 2.035.457 Schroder ISF Global Convertible Bond
CHF 926.709 USD 975.400 27-ene-2011 16.979*
EUR 18.000.000 USD 23.798.363 28-feb-2011 258.486**
EUR 191.728.141 USD 251.067.500 27-ene-2011 5.212.579* **Contratos a plazo colocados para fines de cobertura de cartera
Contratos de divisas a plazo (cont.)
Compra de divisas Venta de divisas Fecha de vencimiento
Plusvalía / (minusvalía) latente Schroder ISF Global Convertible Bond (cont.)
GBP 35.934.785 USD 55.267.700 27-ene-2011 501.813*
HKD 100.000.000 USD 12.866.683 28-feb-2011 3.344**
SGD 9.000.000 USD 6.860.425 28-feb-2011 155.750**
USD 55.912.962 EUR 42.000.000 28-feb-2011 ( 219.685 )**
USD 3.154.080 GBP 2.000.000 28-feb-2011 50.917**
USD 32.246.206 HKD 250.000.000 28-feb-2011 71.139**
USD 36.713.256 JPY 3.050.000.000 28-feb-2011 ( 814.682 )**
USD 6.854.114 SGD 9.000.000 28-feb-2011 ( 162.062 )**
USD 5.074.578 Schroder ISF Global Credit Duration Hedged
EUR 57.067.754 GBP 48.597.753 27-ene-2011 643.088**
EUR 310.100 USD 411.379 27-ene-2011 2.340*
EUR 225.225.261 USD 300.610.997 27-ene-2011 332.292**
EUR 251.274 JPY 28.050.000 27-ene-2011 ( 6.846 )**
GBP 189.396.596 EUR 222.505.400 27-ene-2011 ( 2.605.528 )*
USD 36.928.333 EUR 28.202.700 27-ene-2011 ( 575.891 )*
USD 953.497 EUR 715.379 27-ene-2011 ( 2.050 )**
EUR ( 2.212.595 ) Schroder ISF Global Managed Currency
AUD 710.000 USD 695.072 12-ene-2011 26.510**
AUD 2.440.000 USD 2.376.560 28-ene-2011 97.897**
AUD 4.770.000 USD 4.651.089 07-feb-2011 180.094**
BRL 330.000 USD 195.382 18-ene-2011 2.623**
BRL 2.200.000 USD 1.276.102 09-mar-2011 29.869**
CAD 4.027.000 USD 3.963.100 14-feb-2011 67.171**
CHF 2.360.000 USD 2.434.546 14-feb-2011 93.195**
CLP 727.500.000 USD 1.499.536 06-ene-2011 54.975**
CNY 10.570.000 USD 1.609.916 18-ene-2011 ( 9.628 )**
CNY 27.663.000 USD 4.175.841 11-abr-2011 37.100**
CNY 13.520.000 USD 2.060.034 23-may-2011 3.331**
CNY 12.390.000 USD 1.912.037 31-oct-2011 ( 4.689 )**
CNY 19.440.000 USD 2.999.537 01-nov-2011 ( 6.729 )**
CNY 11.800.000 USD 1.798.095 30-nov-2011 21.433**
CNY 28.400.000 USD 4.369.231 02-dic-2011 10.455**
COP 953.500.000 USD 499.215 06-ene-2011 ( 2.434 )**
CZK 14.990.000 USD 795.089 07-feb-2011 4.640**
EUR 6.511.000 USD 9.017.835 12-ene-2011 ( 314.893 )**
EUR 68.649 USD 89.900 27-ene-2011 1.862*
EUR 2.731.000 USD 3.795.782 28-ene-2011 ( 145.290 )**
EUR 5.010.000 USD 6.584.504 07-feb-2011 112.196**
EUR 1.750.000 USD 2.374.619 14-feb-2011 ( 35.554 )**
EUR 3.200.000 USD 4.347.275 17-feb-2011 ( 70.209 )**
EUR 3.670.000 USD 4.994.258 22-feb-2011 ( 89.150 )**
GBP 900.000 USD 1.422.540 04-ene-2011 ( 25.515 )**
GBP 2.346.000 USD 3.727.616 10-ene-2011 ( 86.195 )**
GBP 2.630.000 USD 4.089.587 18-ene-2011 ( 7.615 )**
HUF 45.300.000 USD 214.672 07-feb-2011 2.208**
IDR 760.000.000 USD 84.916 18-ene-2011 ( 12 )**
IDR 13.500.000.000 USD 1.516.002 08-feb-2011 ( 9.605 )**
ILS 635.000 USD 172.439 28-feb-2011 6.685**
INR 19.000.000 USD 422.727 18-ene-2011 646**
INR 67.500.000 USD 1.496.674 13-abr-2011 ( 13.174 )**
JPY 175.800.000 USD 2.124.352 06-ene-2011 37.523**
JPY 462.015.600 USD 5.645.264 31-ene-2011 37.961**
JPY 252.500.000 USD 3.002.699 07-feb-2011 103.514**
JPY 96.000.000 USD 1.143.633 17-feb-2011 37.453**
KRW 1.102.700.000 USD 954.753 18-ene-2011 27.632**
KRW 1.480.000.000 USD 1.331.235 14-feb-2011 ( 14.557 )**
(cont.)
*Contratos a plazo colocados para fines de cobertura de clase de acción
Contratos de divisas a plazo (cont.)
Compra de divisas Venta de divisas Fecha de vencimiento
Plusvalía / (minusvalía) latente Schroder ISF Global Managed Currency (cont.)
KRW 1.626.000.000 USD 1.394.511 28-feb-2011 51.668**
MXN 34.135.000 USD 2.740.838 10-feb-2011 11.538**
MYR 750.000 USD 241.069 18-ene-2011 3.779**
MYR 1.150.000 USD 367.178 22-feb-2011 7.407**
MYR 2.710.000 USD 859.499 02-mar-2011 22.835**
NOK 10.500.000 USD 1.773.139 14-feb-2011 20.697**
PHP 8.820.000 USD 202.163 18-ene-2011 429**
PHP 32.000.000 USD 758.653 07-feb-2011 ( 21.932 )**
PHP 16.000.000 USD 362.812 22-feb-2011 5.528**
PLN 2.344.000 USD 829.118 04-feb-2011 ( 42.071 )**
PLN 1.495.000 USD 494.498 07-feb-2011 7.389**
RON 1.600.000 USD 491.185 07-feb-2011 7.117**
RUB 44.800.000 USD 1.493.698 10-ene-2011 ( 27.186 )**
RUB 44.800.000 USD 1.428.116 11-ene-2011 38.126**
RUB 152.940.000 USD 4.883.082 12-ene-2011 121.967**
RUB 22.670.000 USD 732.022 14-mar-2011 5.821**
SEK 9.330.000 USD 1.393.255 12-ene-2011 ( 4.310 )**
SEK 16.320.000 USD 2.423.522 14-feb-2011 3.230**
SGD 2.630.000 USD 2.000.152 10-ene-2011 50.119**
SGD 475.000 USD 360.635 22-feb-2011 9.663**
THB 11.585.000 USD 386.553 22-feb-2011 ( 1.320 )**
TRY 740.000 USD 495.663 07-feb-2011 ( 19.789 )**
TWD 2.000.000 USD 65.920 18-ene-2011 3.238**
TWD 19.890.000 USD 663.774 02-mar-2011 28.836**
USD 691.224 AUD 710.000 12-ene-2011 ( 30.358 )**
USD 2.360.505 AUD 2.440.000 28-ene-2011 ( 113.952 )**
USD 3.120.652 AUD 3.170.000 07-feb-2011 ( 90.008 )**
USD 2.612.129 CAD 2.640.000 14-feb-2011 ( 30.016 )**
USD 1.751.092 CHF 1.744.000 14-feb-2011 ( 116.866 )**
USD 1.534.810 CLP 727.500.000 06-ene-2011 ( 19.701 )**
USD 1.587.564 CNY 10.570.000 18-ene-2011 ( 12.724 )**
USD 4.071.082 CNY 27.663.000 11-abr-2011 ( 141.860 )**
USD 2.049.416 CNY 13.520.000 23-may-2011 ( 13.948 )**
USD 1.578.344 CNY 10.320.000 31-oct-2011 ( 10.343 )**
USD 8.609.204 EUR 6.511.000 12-ene-2011 ( 93.738 )**
USD 3.310.550 EUR 2.510.000 28-ene-2011 ( 44.535 )**
USD 2.426.156 EUR 1.750.000 14-feb-2011 87.092**
USD 1.405.103 GBP 900.000 04-ene-2011 8.078**
USD 3.763.884 GBP 2.346.000 10-ene-2011 122.464**
USD 975.708 GBP 628.000 18-ene-2011 1.001**
USD 213.982 HUF 45.300.000 07-feb-2011 ( 2.897 )**
USD 83.562 IDR 760.000.000 18-ene-2011 ( 1.342 )**
USD 1.481.075 IDR 13.500.000.000 08-feb-2011 ( 25.322 )**
USD 412.492 INR 19.000.000 18-ene-2011 ( 10.882 )**
USD 496.531 INR 22.900.000 13-abr-2011 ( 6.760 )**
USD 2.101.957 JPY 175.800.000 06-ene-2011 ( 59.917 )**
USD 3.967.112 JPY 328.250.000 31-ene-2011 ( 70.670 )**
USD 2.496.601 JPY 207.500.000 02-feb-2011 ( 55.905 )**
USD 950.085 KRW 1.102.700.000 18-ene-2011 ( 32.300 )**
USD 1.264.741 KRW 1.480.000.000 14-feb-2011 ( 51.936 )**
USD 1.407.506 KRW 1.626.000.000 28-feb-2011 ( 38.672 )**
USD 1.727.173 NOK 10.500.000 14-feb-2011 ( 66.664 )**
USD 653.403 PLN 2.000.000 04-feb-2011 ( 18.139 )**
USD 2.419.509 RUB 75.900.000 10-ene-2011 ( 65.050 )**
USD 451.996 RUB 13.700.000 11-ene-2011 3.614**
USD 3.934.332 RUB 122.050.000 12-ene-2011 ( 59.824 )**
USD 1.403.493 SEK 9.330.000 12-ene-2011 14.548**
Contratos de divisas a plazo (cont.)
Compra de divisas Venta de divisas Fecha de vencimiento
Plusvalía / (minusvalía) latente Schroder ISF Global Managed Currency (cont.)
USD 2.372.854 SEK 16.320.000 14-feb-2011 ( 53.898 )**
USD 2.023.240 SGD 2.630.000 10-ene-2011 ( 27.031 )**
USD 475.029 TRY 740.000 07-feb-2011 ( 845 )**
USD ( 684.803 )