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
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

Quick stats

1 Year return

37.24 %

1 Year rank in sector

58/63

Sector

UT Asia Pacific Excluding Japan

Yield

6.86

Fund size

£ 358.6 m

FE Risk score

97

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Hong Kong
    22.3982%
  • Taiwan
    17.5057%
  • Australia
    17.4199%
  • China
    11.945%
  • Singapore
    11.4954%
  • Information Technology
    20.2415%
  • Financials
    19.7421%
  • Real Estate
    13.6855%
  • Telecommunications Utilities
    12.1429%
  • Materials
    10.9539%
  • Hong Kong Equities
    22.3982%
  • Taiwanese Equities
    17.5057%
  • Australian Equities
    17.4199%
  • Chinese Equities
    11.945%
  • Singapore Equities
    11.4954%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.07 %11.01 %26.12 %43.68 %70.93 %
Sector2.92 %18.04 %34.18 %51.03 %82.83 %
Rank within sector51 / 6357 / 6358 / 6343 / 5740 / 49
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Calendar performance

YTD-20172016201520142013
Fund10.51 %28.05 %-2.4 %9.5 %-1.46 %
Sector16.65 %27.3 %-3.75 %9.21 %3.38 %
Rank within sector57 / 6330 / 6121 / 5926 / 5541 / 49
Quartile th4 th2 nd2 nd2 nd4 th

Risk statistics

Alpha0.83
Beta0.83
Sharpe0.72
Volatility11.85
Tracking error3.79
Information ratio-0.32
R-Squared0.94

Price movement

52 week high100.7
52 week low78.97
Current bid price0
Current offer price0
Current mid price100.3

Holdings by region

  • 22.3982% Hong Kong
  • 17.5057% Taiwan
  • 17.4199% Australia
  • 11.945% China
  • 11.4954% Singapore
  • 9.0715% Korea
  • 4.6017% Thailand
  • 3.3282% Money Market
  • 1.9543% UK
  • 1.5272% New Zealand

Holdings by sector

  • 20.2415% Information Technology
  • 19.7421% Financials
  • 13.6855% Real Estate
  • 12.1429% Telecommunications Utilities
  • 10.9539% Materials
  • 8.3843% Consumer Discretionary
  • 6.8115% Industrials
  • 4.1492% Energy
  • 3.3282% Money Market
  • 1.2763% Consumer Staples

Holdings by asset type

  • 22.3982% Hong Kong Equities
  • 17.5057% Taiwanese Equities
  • 17.4199% Australian Equities
  • 11.945% Chinese Equities
  • 11.4954% Singapore Equities
  • 9.0715% South Korean Equities
  • 4.6017% Thai Equities
  • 3.3282% Money Market
  • 1.9543% UK Equities
  • 1.5272% New Zealand Equities

Individual holdings

  • 5.67% TAIWAN SEMICONDUCTOR MANUFACTURING
  • 3.58% HSBC HLDGS
  • 3.54% SAMSUNG ELECTRONICS CO
  • 2.91% HON HAI PRECISION INDUSTRY
  • 2.76% CHINA PETROLEUM & CHEMICAL CORP
  • 2.4% BOC HONG KONG(HLDGS)
  • 2.39% LG CHEM
  • 2.3% CHINA MOBILE LTD
  • 2.26% HKT TRUST AND HKT LTD SHARE STAPLED UNIT
  • 2.15% SANDS CHINA LTD