Fact sheet: Schroder Income Maximiser

Fund information

Fund name
Schroder Income Maximiser Z Acc
Fund company manager
Schroder UT Managers
Fund type
UKA
Fund manager(s)
Kevin Murphy
since 26/07/2016
Nick Kirrage
since 26/07/2016
Mike Hodgson
since 26/07/2016
Fund objective
The fund aims to provide income and capital growth. The fund aims to deliver a target income of 7% per year but this is not guaranteed and could change depending on market conditions. At least 80% of the fund will be invested in shares of UK companies. The fund has no bias to any particular industry or size of company. The fund invests in 'value' stocks – those whose share prices appear low relative to their long-term profit potential, and which are typically paying an attractive and growing dividend. The fund generates its income from two sources; dividends received from shares in companies; and cash received from selling some potential future growth of the fund's holdings using derivatives. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives will be used to achieve the investment objective and to reduce risk or manage the fund more efficiently. The 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
FTSE All Share TR
Investment style
None
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

9.6 %

1 Year rank in sector

77/93

Sector

UT UK Equity Income

Yield

7.1

Fund size

£ 1.1 b

FE Risk score

90

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    84.42%
  • USA
    11.18%
  • Australia
    4.62%
  • Money Market
    1.05%
  • Not Specified
    -1.27%
  • Financials
    31.78%
  • Consumer Services
    19.04%
  • Basic Materials
    11.22%
  • Health Care
    10.23%
  • Oil & Gas
    10.22%
  • UK Equities
    84.42%
  • US Equities
    11.18%
  • Australian Equities
    4.62%
  • Money Market
    1.05%
  • Alternative Investment Strategies
    -1.27%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund-2.23 %1.35 %9.6 %18.77 %61.03 %
Sector-1.62 %0.46 %12.43 %23.56 %64.36 %
Rank within sector81 / 9835 / 9677 / 9373 / 8555 / 79
Quartile th4 th2 nd4 th4 th3 rd

Calendar performance

YTD-20172016201520142013
Fund5.05 %20.67 %-6.34 %3.23 %25.32 %
Sector8.15 %9.1 %4.93 %2.83 %24.83 %
Rank within sector79 / 954 / 9084 / 8547 / 8339 / 79
Quartile th4 th1 st4 th3 rd2 nd

Risk statistics

Alpha-0.45
Beta0.91
Sharpe0.46
Volatility9.08
Tracking error5.05
Information ratio-0.27
R-Squared0.7

Price movement

52 week high85.36
52 week low75.5
Current bid price83.46
Current offer price83.95
Current mid price0

Holdings by region

  • 84.42% UK
  • 11.18% USA
  • 4.62% Australia
  • 1.05% Money Market
  • -1.27% Not Specified

Holdings by sector

  • 31.78% Financials
  • 19.04% Consumer Services
  • 11.22% Basic Materials
  • 10.23% Health Care
  • 10.22% Oil & Gas
  • 8.85% Technology
  • 5.05% Utilities
  • 2.83% Telecommunications
  • 1.05% Money Market
  • 1.01% Industrials

Holdings by asset type

  • 84.42% UK Equities
  • 11.18% US Equities
  • 4.62% Australian Equities
  • 1.05% Money Market
  • -1.27% Alternative Investment Strategies

Individual holdings

  • 6.08% HSBC HLDGS
  • 5.64% BP
  • 5.09% PEARSON
  • 4.63% AVIVA
  • 4.62% SOUTH32 LTD
  • 4.58% ROYAL DUTCH SHELL
  • 4.33% ROYAL BANK OF SCOTLAND GROUP PLC
  • 4.3% GLAXOSMITHKLINE
  • 4.13% ANGLO AMERICAN
  • 3.91% INTEL CORP