Fact sheet: Schroder Asian Income Maxim

Fund information

Fund name
Schroder Asian Income Maximiser Z Acc
Fund company manager
Schroder UT Managers
Fund type
UKA
Fund manager(s)
Richard Sennitt
since 01/06/2010
Scott Thomson
since 01/09/2017
Jeegar Jagani
since 01/09/2017
Mike Hodgson
since 26/07/2016
Fund objective
The fund aims to provide income and capital growth by investing in equities of Asian companies, excluding Japan. The fund aims to deliver a target income of 7% per year but this cannot be guaranteed and could change depending on market conditions. The fund invests least 80% of its assets in equities of Asian companies excluding Japan which are selected for their long term income and capital growth potential. The fund generates its income from two sources; dividends received from shares in companies; and cash received from selling some of the potential capital growth on the fund's holdings on a rolling basis using derivatives. The fund may also invest in collective investment schemes and warrants, 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's investment strategy will typically underperform a similar portfolio without derivatives in periods when the underlying stock prices are rising, and outperform when the underlying stock prices are falling.
Benchmark
MSCI AC Pacific ex Japan
Investment style
None
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

16.97 %

1 Year rank in sector

53/59

Sector

UT Asia Pacific Excluding Japan

Yield

6.97

Fund size

£ 381.8 m

FE Risk score

98

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Hong Kong
    22.53%
  • Australia
    17.19%
  • Taiwan
    15.99%
  • China
    14.72%
  • Singapore
    11.16%
  • Financials
    23.06%
  • Information Technology
    21.14%
  • Real Estate
    13.99%
  • Materials
    10.57%
  • Consumer Discretionary
    9.9%
  • Hong Kong Equities
    22.53%
  • Australian Equities
    17.19%
  • Taiwanese Equities
    15.99%
  • Chinese Equities
    14.72%
  • Singapore Equities
    11.16%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.29 %8.58 %16.97 %41.41 %61.19 %
Sector2.31 %13.46 %26.74 %52.08 %80.52 %
Rank within sector53 / 6051 / 5953 / 5947 / 5541 / 46
Quartile th4 th4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund15.03 %28.05 %-2.4 %9.5 %-1.46 %
Sector25.15 %27.3 %-3.75 %9.21 %3.38 %
Rank within sector53 / 5930 / 5719 / 5523 / 5239 / 46
Quartile th4 th3 rd2 nd2 nd4 th

Risk statistics

Alpha0.67
Beta0.82
Sharpe0.75
Volatility11.85
Tracking error3.89
Information ratio-0.4
R-Squared0.94

Price movement

52 week high105.4
52 week low88.1
Current bid price0
Current offer price0
Current mid price104.4

Holdings by region

  • 22.53% Hong Kong
  • 17.19% Australia
  • 15.99% Taiwan
  • 14.72% China
  • 11.16% Singapore
  • 8.25% Korea
  • 5.17% Thailand
  • 2.89% Money Market
  • 2.15% UK
  • 1.26% New Zealand

Holdings by sector

  • 23.06% Financials
  • 21.14% Information Technology
  • 13.99% Real Estate
  • 10.57% Materials
  • 9.9% Consumer Discretionary
  • 9.16% Telecommunications Utilities
  • 5.27% Industrials
  • 3.56% Energy
  • 2.89% Money Market
  • 1.25% Consumer Staples

Holdings by asset type

  • 22.53% Hong Kong Equities
  • 17.19% Australian Equities
  • 15.99% Taiwanese Equities
  • 14.72% Chinese Equities
  • 11.16% Singapore Equities
  • 8.25% South Korean Equities
  • 5.17% Thai Equities
  • 2.89% Money Market
  • 2.15% UK Equities
  • 1.26% New Zealand Equities

Individual holdings

  • 5.83% TAIWAN SEMICONDUCTOR MANUFACTURING
  • 4.56% SAMSUNG ELECTRONICS CO
  • 3.75% HSBC HLDGS
  • 2.65% NATIONAL AUSTRALIA BANK
  • 2.54% CHINA PETROLEUM & CHEMICAL CORP
  • 2.53% HON HAI PRECISION INDUSTRY
  • 2.15% BHP BILLITON PLC
  • 2.12% LG CHEM
  • 2.08% SUN HUNG KAI PROPERTIES LTD
  • 2.06% VENTURE CORP