Fact sheet: Schroder Managed Balanced

Fund information
Fund name
Schroder Managed Balanced Z Acc
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund managers
  • Johanna Kyrklundsince 11/02/2011
Fund objective
The fund aims to provide capital growth and income. The fund invests in other funds, which themselves invest in shares and bonds and/or money market instruments traded world-wide. This fund is aimed at investors looking for a flexible product that accesses a broad range of assets and financial markets. The fund seeks to generate attractive returns over the long-term by blending a diversified selection of funds managed by Schroders and other investment managers. This 'fund of funds' approach allows us to tap into a blend of investment ideas across the industry. The portfolio balances an exposure to higher risk / higher growth assets like equities with lower risk assets like bonds. Allocation to asset classes and regions will be adjusted according to Schroders' Multi-Asset Team's views on the economy and markets in order to enhance returns for investors. Allocation to the underlying managers will change based on in-depth fund research carried out within the team. The fund may also invest directly in shares and bonds (with a bias to the UK market), money market instruments and hold cash on deposit. The fund may gain exposure to alternative asset classes, including, but not limited to, real estate, commodities, hedge funds and private equity. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more effectively.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
22.7%
1 Year rank in sector
93/270
Sector
UT Mixed Investment 40%-85% Shares
Yield
1.1%
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.
0.97%
Fund size
£1,398m (£1,126m last year)
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.
67
Top in this sector
Fund name1 Year
HSBC Wld Seltn Advntr Pfl35%
FP MA DRP VIII34.8%
SVS TPI Aggressive 134.7%
CF Greenmount33.9%
S&W Pityoulish32.4%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • Not Specified27.2%
    UK21%
    Europe ex UK14.7%
    International12.1%
    USA7.5%
  • No data available.
  • UK Equities21%
    Europe ex UK Equities14.7%
    International Equities12.1%
    Global Investment Grade Fixed Interest8.6%
    US Equities7.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.4%5.6%6.8%22.7%24.5%51.1%
Sector2%5.5%5.9%20.6%24.7%46%
Rank within sector111 / 287124 / 280102 / 27993 / 270149 / 24589 / 209
Quartile2nd2nd2nd2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.8%16.9%-0.5%4.5%15.3%
Sector2.9%13.3%2.2%5%13.5%
Rank within sector153 / 28452 / 268226 / 252172 / 24295 / 224
Quartile3rd1st4th3rd2nd
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.
-0.06
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.
1.04
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.
0.57
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%.
7.52
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.
1.85
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.
0.11
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.
0.94
Price movement
52 week high63.27
52 week low51.52
Current bid price-
Current offer price-
Current mid price63.34
Region
1Not Specified27.2%
2UK21%
3Europe ex UK14.7%
4International12.1%
5USA7.5%
6Japan5.5%
7Global Emerging Markets5.1%
8Asia Pacific ex Japan4.4%
9Money Market2.5%
Industry sector
No data available.
Asset type
1UK Equities21%
2Europe ex UK Equities14.7%
3International Equities12.1%
4Global Investment Grade Fixed Interest8.6%
5US Equities7.5%
6Global High Yield Fixed Interest5.6%
7Japanese Equities5.5%
8Global Emerging Market Fixed Interest5.1%
9Global Government Fixed Interest4.9%
Individual holdings
1SCHRODER EUROPEAN I ACC10.12%
2VANGUARD S&P 500 UCITS ETF USD10.1%
3VANGUARD S&P 500 UCITS ETF USD10.1%
4SCHRODER INCOME A INC9.52%
5SCHRODER ISF QEP GLOBAL ACTIVE VALUE I ACC NAV USD7.89%
6SCHRODER UK ALPHA PLUS A INC7.42%
7SCHRODER UK EQUITY A INC6.39%
8SCHRODER ISF GLOBAL CORPORATE BOND I ACC NAV USD5.91%
9SCHRODER ISF GLOBAL HIGH YIELD I ACC NAV USD5.65%
Management
Fund manager group
Schroders
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund objective
The fund aims to provide capital growth and income. The fund invests in other funds, which themselves invest in shares and bonds and/or money market instruments traded world-wide. This fund is aimed at investors looking for a flexible product that accesses a broad range of assets and financial markets. The fund seeks to generate attractive returns over the long-term by blending a diversified selection of funds managed by Schroders and other investment managers. This 'fund of funds' approach allows us to tap into a blend of investment ideas across the industry. The portfolio balances an exposure to higher risk / higher growth assets like equities with lower risk assets like bonds. Allocation to asset classes and regions will be adjusted according to Schroders' Multi-Asset Team's views on the economy and markets in order to enhance returns for investors. Allocation to the underlying managers will change based on in-depth fund research carried out within the team. The fund may also invest directly in shares and bonds (with a bias to the UK market), money market instruments and hold cash on deposit. The fund may gain exposure to alternative asset classes, including, but not limited to, real estate, commodities, hedge funds and private equity. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more effectively.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Johanna Kyrklund11/02/2011Johanna Kyrklund, Head of Multi-Asset Investments, joined Schroders in March 2007. Responsible for investment on behalf of all UK, European and US Multi Asset clients, member of Global Asset Allocation Committee, fund manager of the Schroder Diversified Growth funds. Prior to joining Schroders, Johanna specialised in tactical asset allocation strategies. From 2005 she worked at Insight Investment where she managed an unconstrained global macro absolute return fund. From 1997 to 2005 she worked at Deutsche Asset Management where she was Head of Asset Allocation in the UK and fund manager of the Deutsche tactical asset allocation fund. Johanna has a degree in Philosophy, Politics & Economics from Oxford University and is a CFA charterholder.
Compliance
IA Recognised, Non UCITS Retail Scheme, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Schroder Managed Balanced A Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price178.3
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI308
Schroder Managed Balanced H Acc
Initial charge-
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£20,000
Available in ISAYes
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.93%
Bid price-
Offer price-
Mid price91.59
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeY873
Schroder Managed Balanced H Inc
Initial charge-
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£20,000
Available in ISAYes
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.93%
Bid price-
Offer price-
Mid price80.26
CurrencyGBX
Price updated23/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeY872
Schroder Managed Balanced Inst Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price970.7
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeUM26
Schroder Managed Balanced Inst Inc
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price578.3
CurrencyGBX
Price updated23/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeUM38
Schroder Managed Balanced Z Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price63.34
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJPYU
Schroder Managed Balanced Z Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price61.01
CurrencyGBX
Price updated23/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJPYV
Data provided by

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