Schroder Corporate Bond Z Acc
Latest (Mid) Price:
GBX 62.60
Day Change:
+0.06%
| Shares Class | Inc. |
|---|---|
| Yield | 5.39 |
| Total Expense Ratio | 0.73 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 119,556,043.47 | Launch Date | 29/01/1999 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.60 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000,000.00 | Total Expense Ratio (%) | 0.73 |
| ISIN | GB00B76V5K06 | Min Topup (£) | 100,000.00 | Ongoing Charge (%) | 0.7300 (on 31/03/2014) |
Fund Objective
The Fund’s investment objective is to achieve a high level of income from a diversified portfolio of fixed interest securities. The emphasis of the Fund will be sterling denominated, or hedged-to-sterling, corporate bonds. The Fund may also invest in convertible bonds, British government securities, euro sterling issues, preference shares; sterling denominated and non-sterling denominated fixed interest securities, and other fixed interest issues. Investment will be in directly held transferable securities. The Fund may also invest in collective investment schemes, derivatives, warrants and money market instruments.
Fund Managers
Alix Stewart
Alix Stewart joined Schroders in 2012 as a Credit Portfolio Manager. Prior to joining Schroders Alix worked for UBS Global Asset Management as Head of UK Fixed Interest and before that as fund manager of Global Corporate Bonds. She graduated from University of Leeds with a BSc (Hons) in Economic and Mathematics. Alix has 20 years’ investment experience.
Asset Breakdown
| Name | Weight |
|---|---|
| Belgian Fixed Interest | 0.34% |
| Brazilian Fixed Interest | 0.87% |
| Danish Fixed Interest | 1.31% |
| Dutch Fixed Interest | 2.50% |
| French Fixed Interest | 4.52% |
| German Fixed Interest | 4.85% |
| Greek Fixed Interest | 1.93% |
| Irish Fixed Interest | 0.08% |
| Italian Fixed Interest | 4.90% |
| Mexican Fixed Interest | 0.55% |
| Money Market | 1.51% |
| Spanish Fixed Interest | 1.69% |
| Structured Products | 0.00% |
| Swiss Fixed Interest | 0.82% |
| UK Fixed Interest | 59.81% |
| US Fixed Interest | 15.00% |
Region Breakdown
| Name | Weight |
|---|---|
| Belgium | 0.34% |
| Brazil | 0.87% |
| Denmark | 1.31% |
| France | 4.52% |
| Germany | 4.85% |
| Greece | 1.93% |
| Ireland | 0.08% |
| Italy | 4.90% |
| Mexico | 0.55% |
| Money Market | 1.51% |
| Netherlands | 2.50% |
| Not Specified | 0.00% |
| Spain | 1.69% |
| Switzerland | 0.82% |
| UK | 59.81% |
| USA | 15.00% |
Sector Breakdown
| Name | Weight |
|---|---|
| Derivatives | 0.00% |
| Financials | 33.29% |
| Industrials | 33.03% |
| Money Market | 1.51% |
| Mortgage & Secured Bonds | 16.82% |
| Utilities | 16.03% |
Top 10 Holdings
| Name | Weight |
|---|---|
| RSA INSURANCE GROUP PLC FXD RT | 1.57% |
| DIGITAL STOUT HLDGS LLC 4.25% | 1.55% |
| FIRSTGROUP 5.25% BDS 29/11/22 | 1.51% |
| KONINKLIJKE KPN NV 6.875% BDS | 1.51% |
| VERIZON COMMUNICATIONS INC 6.5 | 1.47% |
| RL FINANCE BONDS 6.125%/STP-UP | 1.44% |
| AVIVA 5.90% 29/11/2049 | 1.33% |
| BANK OF AMERICA CORP 4.25% SNR | 1.17% |
| ALTRIA GROUP INC 4.5% BDS 02/0 | 1.11% |
| ENEL SPA 7.75% BDS 10/09/75 GB | 1.09% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
