Schroder Monthly Income Z Acc
Latest (Mid) Price:
GBX 83.68
Day Change:
-0.12%
| Shares Class | Inc. |
|---|---|
| Yield | 5.28 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 89,913,100.00 | Launch Date | 21/05/2012 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.62 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00B78ST188 | Min Topup (£) | 100,000.00 | Ongoing Charge (%) | 0.8700 (on 18/09/2019) |
Fund Objective
The fund aims to provide monthly income equal to 5% per annum by investing in a diversified range of assets and markets worldwide. This cannot be guaranteed and your capital is at risk. The fund is actively managed and invests at least 80% of its assets directly, or indirectly through collective investment schemes, exchange traded funds, real estate investment trusts or closed end funds, in equities, fixed and floating rate securities and alternative assets worldwide. Alternative assets may include funds that use absolute return strategies or funds that invest indirectly in real estate and commodities. The fund may invest up to 100% of its assets in collective investment schemes (including other Schroder funds). The fund may also invest directly in equities and fixed and floating rate securities. The fund may also invest directly or indirectly in in money market instruments and hold cash. The fund may use derivative instruments with the aim of achieving investment gains, reducing risk or managing the fund more efficiently.
Fund Managers
Mike Hodgson
Mike Hodgson is Head of Risk Managed Investments & Structuring at Schroders and has over 25 years of experience in financial markets. At Royal Bank of Scotland (formerly of ABN AMRO) he was Global Head of Equity Derivatives Structuring and Head of Fund Derivatives Trading and Structuring.
Jeegar Jagani
Ghokulan Manickavasagar
Asset Breakdown
| Name | Weight |
|---|---|
| Equities | 49.00% |
| Global Fixed Interest | 24.00% |
| Global High Yield Fixed Intere | 25.00% |
| Money Market | 1.00% |
Region Breakdown
Sector Breakdown
| Name | Weight |
|---|---|
| Asset/Mortgage-Backed Securiti | 2.35% |
| Basic Materials | 1.19% |
| Communications | 5.29% |
| Consumer Discretionary | 4.89% |
| Consumer Staples | 4.68% |
| Derivatives | 0.00% |
| Energy | 4.11% |
| Financials | 25.62% |
| Fixed Interest | 0.76% |
| Government Agency Bonds | 0.47% |
| Government Bonds | 1.38% |
| Health Care | 2.82% |
| Industrials | 25.44% |
| Information Technology | 6.21% |
| Local Government Bonds | 0.06% |
| Materials | 3.80% |
| Money Market | 2.84% |
| Mortgage & Secured Bonds | 3.62% |
| Others | 0.30% |
| Real Estate | 1.70% |
| Technology | 0.49% |
| Telecommunications | 0.58% |
| Utilities | 3.30% |
Top 10 Holdings
| Name | Weight |
|---|---|
| SCHRODER HIGH YIELD OPPORTUNIT | 25.00% |
| SCHRODER ISF ASIAN DIVIDEND MA | 11.00% |
| SCHRODER ISF GLOBAL DIVIDEND M | 10.00% |
| SCHRODER UK-LISTED EQUITY INCO | 10.00% |
| SCHRODER ABSOLUTE RETURN BOND | 9.00% |
| SCHRODER ISF EUROPEAN DIVIDEND | 9.00% |
| SCHRODER STRATEGIC BOND X INC | 9.00% |
| SCHRODER US EQUITY INCOME MAXI | 6.00% |
| SCHRODER STERLING BROAD MARKET | 4.00% |
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
