Schroder MM Diversity Tactical Z Acc
Latest (Mid) Price:
GBX 136.10
Day Change:
-0.22%
| Shares Class | Inc. |
|---|---|
| Yield | 1.00 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 82,283,100.00 | Launch Date | 22/05/2002 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 0.50 |
| Sector | IMA UK Equity Income | Min Investment (£) | 25,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00B602F577 | Min Topup (£) | 500.00 | Ongoing Charge (%) | 1.3900 (on 31/10/2019) |
Fund Objective
The fund aims to provide capital growth by investing in a diversified range of assets and markets worldwide. The fund is actively managed and invests its assets indirectly through collective investment schemes, exchange trade funds, real estate investment trusts or closed end funds, in equities, bonds and alternative assets worldwide. Alternative assets may include hedge funds, real estate, private equity and commodities. The fund seeks to increase returns and reduce downside risk by making tactical adjustments to the fund’s holdings based on market conditions. The fund may also invest directly in equities and bonds. The fund may also invest directly or indirectly in money market instruments, and may hold cash. The fund may invest up to 100% of its assets in collective investment schemes (including other Schroder funds). The fund may use derivatives with the aim of reducing risk or managing the fund more efficiently.
Fund Managers
Robin McDonald
Robin McDonald joined Cazenove in October 2007. He is Co-Manager of Cazenove's Multi-Manager range of funds. Prior to joining Cazenove, Robin worked as an Analyst at Gartmore Investment Management, where his responsibilities included asset allocation, fund selection and portfolio construction. Prior to joining Gartmore, Robin held a similar position at Insight Investment, following its acquisition of Rothschild Asset Management in 2003. Robin is a Director of Cazenove Capital and has 13 years investment experience and is a CFA charterholder.
Joseph Le Jehan
Joe Le Jehan is a member of the Multi-Manager team. Joe joined from Brewin Dolphin. He graduated from the University of Durham with BA Hons Economics. Joe is a CFA Charterholder and a member of the CFA Society and has 12 years’ investment experience.
Asset Breakdown
| Name | Weight |
|---|---|
| Commodity & Energy | 6.76% |
| Europe ex UK Equities | 12.62% |
| Global Emerging Market Equitie | 6.39% |
| Global Fixed Interest | 0.49% |
| Hedge | 27.52% |
| International Equities | 9.03% |
| Japanese Equities | 16.24% |
| Money Market | 0.27% |
| UK Equities | 20.13% |
| US Equities | 0.55% |
Region Breakdown
| Name | Weight |
|---|---|
| Europe ex UK | 12.62% |
| Global Emerging Markets | 6.39% |
| International | 9.03% |
| Japan | 16.24% |
| Money Market | 0.27% |
| Not Specified | 34.77% |
| UK | 20.13% |
| USA | 0.55% |
Sector Breakdown
Top 10 Holdings
| Name | Weight |
|---|---|
| MAJEDIE TORTOISE | 11.93% |
| JUPITER UK SPECIAL SITUATIONS | 10.15% |
| RWC UK EQUITY INCOME | 9.99% |
| HEPTAGON KOPERNIK GLOBAL EQUIT | 9.03% |
| MAN GLG JAPAN CORE ALPHA A RET | 8.61% |
| GLG JAPAN CORE ALPHA PROF D | 7.63% |
| INVESCO EUROPEAN | 7.08% |
| MAN GLG ABSOLUTE VALUE INSTITU | 6.63% |
| SCHRODER ISF GLOBAL GOLD HDG | 5.82% |
| LIGHTMAN EUROPEAN | 5.55% |
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
