Fact sheet: Schroder MM Diversity Income

Fund information

Fund name
Schroder MM Diversity Income Z Acc
Fund company manager
Schroder UT Managers
Fund type
UKA
Fund manager
Marcus Brookes
since 15/12/2010
Fund objective
The fund aims to provide a total return in excess of inflation, as measured by the UK Consumer Prices Index, over a market cycle, whilst also making an average 4% annual income payment over a 5 year rolling period. The fund invests in a diversified multi-asset portfolio of funds that invest in shares and bonds of companies worldwide, government bonds and other fixed income securities. The fund may also invest directly in shares, bonds and money market instruments and hold cash and foreign currency on deposit. The fund may gain exposure to alternative asset classes including real estate, commodities, hedge funds, structured products and private equity. Investments are selected after rigorous assessment of each underlying fund's portfolio, its fund manager's style and how investments are made over the economic cycle. The fund may invest in any economic sector. Derivatives may be used to reduce risk or manage the fund more efficiently.
Benchmark
Consumer Price Index (CPI)
Investment style
Balanced,Total Return
Investment method
None

Performance snapshot

Quick stats

1 Year return

9.12 %

1 Year rank in sector

181/197

Sector

UT Mixed Investment 20-60% Shares

Yield

3.2

Fund size

£ 154.5 m

FE Risk score

35

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    34.26%
  • Not Specified
    29.25%
  • Money Market
    19.25%
  • International
    12.39%
  • Japan
    2.49%
  • UK Equities
    34.27%
  • Money Market
    19.25%
  • Hedge
    13.11%
  • International Equities
    12.39%
  • Global Fixed Interest
    12.09%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.07 %2.24 %9.12 %12.57 %37.18 %
Sector0.85 %5.46 %14.4 %20.38 %41.81 %
Rank within sector182 / 204195 / 201181 / 197158 / 170116 / 144
Quartile th4 th4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund1.53 %9.69 %-0.15 %2.73 %12.21 %
Sector5.01 %10.25 %1.21 %4.98 %9 %
Rank within sector196 / 201110 / 190145 / 178152 / 16442 / 153
Quartile th4 th3 rd4 th4 th2 nd

Risk statistics

Alpha-0.14
Beta0.69
Sharpe0.12
Volatility4.34
Tracking error2.93
Information ratio-0.68
R-Squared0.69

Price movement

52 week high147
52 week low133.5
Current bid price0
Current offer price0
Current mid price146.3

Holdings by region

  • 34.26% UK
  • 29.25% Not Specified
  • 19.25% Money Market
  • 12.39% International
  • 2.49% Japan
  • 2.36% Europe ex UK

Holdings by sector

-

Holdings by asset type

  • 34.27% UK Equities
  • 19.25% Money Market
  • 13.11% Hedge
  • 12.39% International Equities
  • 12.09% Global Fixed Interest
  • 4.04% Commodity & Energy
  • 2.49% Japanese Equities
  • 2.36% Europe ex UK Equities

Individual holdings

  • 21.65% RWC ENHANCED INCOME B DIS GBP
  • 17.39% SCHRODER STERLING LIQUIDITY PLUS I DIS
  • 12.38% RWC GLOBAL ENHANCED DIVIDEND B DIS GBP
  • 9.05% SCHRODER INC MAXIMISER-Z
  • 7.04% MAJEDIE TORTOISE G GBP
  • 5.35% SCHRODER STRATEGIC CREDIT L INC
  • 3.73% MORG STNLY DIVERSIFIED ALPHA PLUS ZH GBP
  • 3.14% MAJEDIE UK INCOME X INC
  • 2.64% PIMCO UK INCOME BOND INST INC
  • 2.51% KAMES HIGH YIELD GLOBAL BOND B HEDGED INC GBP