Schroder Income Maximiser A Acc
Latest (Mid) Price:
GBX 96.96
Day Change:
-0.05%
| Shares Class | Inc. |
|---|---|
| Yield | 7.01 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 714,241,700.00 | Launch Date | 04/11/2005 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 1.50 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00B0HWHK75 | Min Topup (£) | 500.00 | Ongoing Charge (%) | 1.6600 (on 31/10/2019) |
Fund Objective
The fund aims to provide income and capital growth by investing in equity and equity-related securities of UK companies. The fund aims to deliver an income of 7% per year but this is not guaranteed and could change depending on market conditions. The fund is actively managed and invests at least 80% of its assets in equities of UK companies which are selected for their long term income and capital growth potential. These are companies that are incorporated, headquartered or have their principal business activities in the UK. To seek to enhance the yield, the investment manager selectively sells short dated call options over individual securities, portfolios of securities or indices held by the fund, by agreeing strike prices above which potential capital growth is sold. The fund may also invest directly or indirectly in other securities (including in other asset classes), countries, regions, industries or currencies, collective investment schemes (including Schroder funds), warrants and money market instruments, and hold cash. The fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the fund more efficiently. The fund’s investment strategy will typically underperform a similar portfolio without derivatives in periods when the underlying stock prices are rising, and outperform when the underlying stock prices are falling.
Fund Managers
Structured Fund Management
Value Team
Asset Breakdown
| Name | Weight |
|---|---|
| Australian Equities | 5.52% |
| French Equities | 1.32% |
| International Equities | 0.02% |
| Italian Equities | 4.04% |
| Money Market | 3.39% |
| South African Equities | 4.71% |
| UK Equities | 71.88% |
| US Equities | 9.12% |
Region Breakdown
| Name | Weight |
|---|---|
| Australia | 5.52% |
| France | 1.32% |
| Italy | 4.04% |
| Money Market | 3.39% |
| Others | 0.02% |
| South Africa | 4.71% |
| UK | 71.88% |
| USA | 9.12% |
Sector Breakdown
| Name | Weight |
|---|---|
| Basic Materials | 10.46% |
| Consumer Discretionary | 10.12% |
| Consumer Staples | 12.49% |
| Derivatives | 0.00% |
| Energy | 12.41% |
| Financials | 24.90% |
| Health Care | 7.20% |
| Industrials | 4.87% |
| Money Market | 3.39% |
| Others | 2.66% |
| Technology | 4.31% |
| Telecommunications | 5.13% |
| Utilities | 4.77% |
Top 10 Holdings
| Name | Weight |
|---|---|
| ANGLO AMERICAN | 4.90% |
| ROYAL DUTCH SHELL PLC | 4.23% |
| ENI | 4.21% |
| IMPERIAL BRANDS PLC | 4.00% |
| BP | 3.97% |
| AVIVA | 3.77% |
| GLAXOSMITHKLINE | 3.55% |
| PEARSON | 3.52% |
| TESCO | 3.52% |
| STANDARD CHARTERED | 3.44% |
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
