Schroder Long Dated Corporate Bond X Acc
Latest (Mid) Price:
GBX 212.50
Day Change:
-1.71%
| Shares Class | Inc. |
|---|---|
| Yield | 3.54 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 374,394,800.00 | Launch Date | 24/03/2005 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.00 |
| Sector | IMA UK Equity Income | Min Investment (£) | 100,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB0009569434 | Min Topup (£) | 20,000.00 | Ongoing Charge (%) | 0.0200 (on 10/12/2019) |
Fund Objective
The fund aims to provide capital growth and income in excess of the Bank of America Merrill Lynch 15+ Year Non-Gilt (Gross Total Return) index (after fees have been deducted) over a 3 to 5 year period by investing in long dated bonds issued by companies worldwide. The fund is actively managed and invests at least 70% of its assets in long dated bonds denominated in sterling (or in other currencies and hedged back into sterling) and issued by companies worldwide. The fund invests at least 80% of its assets in investment grade securities (as measured by Standard & Poor’s or any other equivalent credit rating agencies). 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 may use leverage and take short positions.
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.
Team
Asset Breakdown
| Name | Weight |
|---|---|
| American Emerging Fixed Intere | 0.05% |
| Austrian Fixed Interest | 0.08% |
| Belgian Fixed Interest | 0.23% |
| Brazilian Fixed Interest | 0.29% |
| Danish Fixed Interest | 1.11% |
| European Fixed Interest | 0.43% |
| French Fixed Interest | 6.76% |
| German Fixed Interest | 2.52% |
| Global Fixed Interest | 2.17% |
| Irish Fixed Interest | 0.23% |
| Italian Fixed Interest | 3.54% |
| Japanese Fixed Interest | 0.17% |
| Luxembourg Fixed Interest | 0.23% |
| Mexican Fixed Interest | 0.84% |
| Money Market | 2.28% |
| Russian Fixed Interest | 0.06% |
| Spanish Fixed Interest | 0.47% |
| Swedish Fixed Interest | 1.10% |
| UK Fixed Interest | 67.74% |
| US Fixed Interest | 9.70% |
Region Breakdown
| Name | Weight |
|---|---|
| Argentina | 0.05% |
| Austria | 0.08% |
| Belgium | 0.23% |
| Brazil | 0.29% |
| Denmark | 1.11% |
| EU | 0.43% |
| France | 6.76% |
| Germany | 2.52% |
| International | 2.17% |
| Ireland | 0.23% |
| Italy | 3.54% |
| Japan | 0.17% |
| Luxembourg | 0.23% |
| Mexico | 0.84% |
| Money Market | 2.28% |
| Russia | 0.06% |
| Spain | 0.47% |
| Sweden | 1.10% |
| UK | 67.74% |
| USA | 9.70% |
Sector Breakdown
| Name | Weight |
|---|---|
| Derivatives | 0.00% |
| Financials | 13.84% |
| Government Agency Bonds | 4.58% |
| Industrials | 38.29% |
| Money Market | 6.80% |
| Mortgage & Secured Bonds | 17.13% |
| Others | 0.00% |
| Utilities | 20.20% |
Top 10 Holdings
| Name | Weight |
|---|---|
| LONDON & QUADRANT HOUSING TRUS | 2.39% |
| ENEL FINANCE INT 5.75% BDS 14/ | 2.17% |
| EUROPEAN INVESTMENT BANK 4.625 | 2.17% |
| ELECTRICITE DE FRANCE SA 5.500 | 2.09% |
| NOTTING HILL GENESIS 3.25% SEC | 1.78% |
| TESCO PROPERTY FINANCE 6 PLC 5 | 1.64% |
| WM TREASURY 2 PLC 3.2500 20/10 | 1.62% |
| E.ON INTERNATIONAL FINANCE 6.7 | 1.60% |
| GDF SUEZ 5.0000 01/10/2060 | 1.48% |
| CATALYST HOUSING LTD 3.125% SE | 1.46% |
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
