Fact sheet: Schroder Income Growth

Fund information
Fund name
Schroder Income Growth
Fund manager company
Schroder Investment Management
Fund type
Investment Trust
Fund managers
  • Sue Noffkesince 30/06/2011
Fund objective
The Company's principal investment objectives are to provide real growth of income, being growth of income in excess of the rate of inflation, and capital growth as a consequence of the rising income.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
5.6%
1 Year rank in sector
14/24
Sector
IT UK Equity Income
Yield
4.1%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1%
Fund size
£179m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
102
Mid price
261.25
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
280.71
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-7.38
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
110
Top in this sector
Fund name1 Year
Tmpl Br IT PLC18.6%
Dudn Inc Gth IT PLC13.3%
Murray Inc Tst PLC13.1%
F&C Cap & Inc IT PLC12.3%
Shires Income plc11%
...more in IT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK108.4%
    Money Market-8.4%
  • Financials29.5%
    Consumer Goods18.5%
    Oil & Gas15.9%
    Health Care10.4%
    Consumer Services9.6%
  • UK Equities108.4%
    Money Market-8.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.9%2.7%7.4%5.6%14%74%
Sector2.1%-0.3%5.8%5%13.9%75.4%
Rank within sector7 / 247 / 249 / 2414 / 2411 / 2411 / 24
Quartile2nd2nd2nd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.3%0.1%4.9%27.2%20.4%
Sector3.9%3.8%3%29.8%20%
Rank within sector13 / 2418 / 2412 / 2413 / 249 / 24
Quartile3rd3rd2nd3rd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-1.57
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.24
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
10.82
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
5.47
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.15
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.77
Price movement
52 week high265
52 week low223.5
Current bid price260.5
Current offer price263
Current mid price261.25
Region
1UK108.4%
2Money Market-8.4%
Industry sector
1Financials29.5%
2Consumer Goods18.5%
3Oil & Gas15.9%
4Health Care10.4%
5Consumer Services9.6%
6Telecommunications8.5%
7Technology5.3%
8Industrials4.5%
9Basic Materials4.1%
Asset type
1UK Equities108.4%
2Money Market-8.4%
Individual holdings
1ROYAL DUTCH SHELL7.8%
2BRITISH AMERICAN TOBACCO6.1%
3HSBC HLDGS5%
4VODAFONE GROUP4.7%
5BP4.5%
6RIO TINTO4.1%
7ASTRAZENECA PLC4%
8GLAXOSMITHKLINE4%
9LLOYDS BANKING GROUP PLC3.9%
Management
Fund manager group
Schroders
Fund manager company
Schroder Investment Management
Fund type
Investment Trust
Fund objective
The Company's principal investment objectives are to provide real growth of income, being growth of income in excess of the rate of inflation, and capital growth as a consequence of the rising income.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Sue Noffke30/06/2011Sue Noffke, Prime UK Equities Fund Manager.Manager of Prime UK equities portfolios, based in London.UK equities fund manager since 1993. Investment career commenced in October 1989 on joining Schroders where she initially worked in the UK research department as a sector analyst.Associate Member of the Institute of Investment Management Research (IIMR).Degree in Business Administration and Biochemistry, Aston University.
Compliance
AIC Member, UCIS
Domicile
No data available.
Fund for sale in
United Kingdom
Schroder Income Growth
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price284.27
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJEM
Schroder Income Growth NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price284.27
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeQA91
Data provided by

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