Schroder Sterling Broad Market Bond X Acc
Latest (Mid) Price:
GBX 258.70
Day Change:
-0.46%
| Shares Class | Inc. |
|---|---|
| Yield | 2.64 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 818,709,900.00 | Launch Date | 16/05/2005 | 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 | GB00B06RTR47 | Min Topup (£) | 20,000.00 | Ongoing Charge (%) | 0.0200 (on 18/09/2019) |
Fund Objective
The fund aims to provide capital growth and income in excess of the benchmark* (after fees have been deducted) over a 3 to 5 year period by investing in a diversified portfolio of bonds worldwide. * The fund's benchmark is a composite of 50% of the iBoxx GBP Gilts Total Return and 50% of the iBoxx GBP Non-Gilts (Gross Total Return) index.
Fund Managers
Paul Grainger
Paul Grainger joined Schroders in 2015 as a Senior Portfolio Manager in the Fixed Income team, based in London. His earlier career began in 1995 within the BZW Securities graduate training programme where he rotated through Fixed Income sales and trading and into asset management at Barclays Global Investors. In 1999 he moved to Gartmore as a Senior Portfolio Manager and then moved to F&C Asset Management in 2003. In 2006 he moved to Wellington Management as a Portfolio Manager and latterly in 2014, co-founded a financial technology firm named yoyoDATA before moving to Schroders in 2015. Paul graduated from Exeter University in 1995 with a B.A. in Economics and European Studies and he is a Member of the United Kingdom Society of investment professionals and a CFA Charterholder.
Bob Jolly
Bob Jolly is a veteran portfolio manager and head of global macro strategy at Schroders having joined the company in 2011. Previously he worked as head of currency, UK fixed income and global sovereign portfolio management at UBS Global Asset Management. Prior to UBS, Bob spent over two decades at Gartmore Investment Management becoming head of UK, global and structured fixed income portfolio construction.
Global Multi-Sector Team
Schroders' global multi-sector team is led by Bob Jolly, head of global macro, and Gareth Isaac, a fixed income fund manager.
James Ringer
Asset Breakdown
| Name | Weight |
|---|---|
| Danish Fixed Interest | 0.50% |
| Dutch Fixed Interest | 0.70% |
| French Fixed Interest | 3.90% |
| German Fixed Interest | 1.90% |
| Global Fixed Interest | 5.60% |
| Irish Fixed Interest | 0.50% |
| Italian Fixed Interest | 1.70% |
| Money Market | 7.90% |
| Spanish Fixed Interest | 1.70% |
| Swedish Fixed Interest | 0.60% |
| UK Fixed Interest | 66.30% |
| US Fixed Interest | 8.70% |
Region Breakdown
| Name | Weight |
|---|---|
| Denmark | 0.50% |
| France | 3.90% |
| Germany | 1.90% |
| International | 3.40% |
| Ireland | 0.50% |
| Italy | 1.70% |
| Money Market | 7.90% |
| Netherlands | 0.70% |
| Others | 2.20% |
| Spain | 1.70% |
| Sweden | 0.60% |
| UK | 66.30% |
| USA | 8.70% |
Sector Breakdown
| Name | Weight |
|---|---|
| Asset/Mortgage-Backed Securiti | 1.31% |
| Derivatives | 3.70% |
| Financials | 21.15% |
| Fixed Interest | 5.63% |
| Government Agency Bonds | 2.91% |
| Government Bonds | 0.29% |
| Industrials | 17.51% |
| Local Government Bonds | 0.30% |
| Money Market | 4.35% |
| Mortgage & Secured Bonds | 1.21% |
| Others | 0.00% |
| Utilities | 9.03% |
Top 10 Holdings
| Name | Weight |
|---|---|
| UNITED STATES OF AMER TREAS BO | 1.32% |
| HM TREASURY UNITED KINGDOM DMO | 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.
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