Fact sheet: Schroder UK Alpha Income

Fund information
Fund name
Schroder UK Alpha Income Z Inc
Fund manager company
Schroder UT Managers
Fund type
OEIC
Fund managers
  • Matt Hudsonsince 05/05/2005
Fund objective
The fund aims to provide capital growth and income.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
0.3%
1 Year rank in sector
71/91
Sector
UT UK Equity Income
Yield
4.7%
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.
0.91%
Fund size
£547m (£629m 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.
89
Mid price
166.2
Top in this sector
Fund name1 Year
UBS UK Equity Income23.8%
Scot Wid Fdmtl Index UK Equity18.1%
SVS Church House DeepValInvts15.5%
SJP UK Growth13.7%
Jupiter Income Trust13.5%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK99.5%
    Money Market0.5%
  • Financials26.7%
    Consumer Goods16.1%
    Industrials13.6%
    Oil & Gas13%
    Consumer Services9.7%
  • UK Equities98.3%
    Money Market1.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.4%-2.2%2.7%0.3%10.7%72.7%
Sector-2%-1.7%4.8%3.4%14.4%59.6%
Rank within sector78 / 9653 / 9662 / 9671 / 9170 / 8216 / 77
Quartile4th3rd3rd4th4th1st
Calendar performance
 YTD - 20162015201420132012
Fund2%5.1%2%29.8%21.3%
Sector4.1%4.9%2.8%24.8%13.5%
Rank within sector60 / 9253 / 8757 / 8318 / 799 / 78
Quartile3rd3rd3rd1st1st
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.
-1.38
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.
1.02
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.
0.1
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%.
9.39
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.
2.8
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.
-0.46
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.
0.91
Price movement
52 week high177.4
52 week low147.5
Current bid price-
Current offer price-
Current mid price166.2
Region
1UK99.54%
2Money Market0.46%
Industry sector
1Financials26.74%
2Consumer Goods16.08%
3Industrials13.62%
4Oil & Gas13.04%
5Consumer Services9.66%
6Telecommunications7.65%
7Health Care7.36%
8Basic Materials2.92%
9Technology2.47%
Asset type
1UK Equities98.32%
2Money Market1.68%
Individual holdings
1BP6.64%
2ROYAL DUTCH SHELL6.4%
3BRITISH AMERICAN TOBACCO5.09%
4VODAFONE GROUP PLC4.95%
5GLAXOSMITHKLINE4.84%
6DIAGEO4.31%
7IMPERIAL BRANDS PLC3.75%
8LLOYDS BANKING GROUP PLC3.54%
9RIO TINTO2.92%
Management
Fund manager group
Schroders
Fund manager company
Schroder UT Managers
Fund type
OEIC
Fund objective
The fund aims to provide capital growth and income.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Matt Hudson05/05/2005Matt Hudson is a member of the Cazenove Capital Pan-European Equity team at Schroders, with responsibility for equity income portfolios. Matt manages the Cazenove UK Equity Income Fund and the Equity Income Trust for Charities, a UK authorised Common Investment Fund. Matt joined Cazenove Capital in 2001 from AIB Govett Investment Management. Prior to this he was a chartered accountant at PriceWaterhouseCoopers. Matt graduated from Cambridge University with a degree in History. He has 14 years of investment experience.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland
Schroder UK Alpha Income A Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price173
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJTBE
Schroder UK Alpha Income A Inc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price151.8
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKR60
Schroder UK Alpha Income C
Initial charge-
Annual charge1%
Min single investment£25,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price161
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKR59
Schroder UK Alpha Income C Acc
Initial charge-
Annual charge1%
Min single investment£25,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price187.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ6JA
Schroder UK Alpha Income L Acc
Initial charge-
Annual charge0.68%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price58.26
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJWFC
Schroder UK Alpha Income L Inc
Initial charge-
Annual charge0.68%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price51.68
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJWFB
Schroder UK Alpha Income Z Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price197
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code11LS
Schroder UK Alpha Income Z Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price166.2
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKR58
Data provided by

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