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(s)
Robin McDonald
since 15/12/2010
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

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

2.16 %

1 Year rank in sector

196/201

Sector

UT Mixed Investment 20-60% Shares

Yield

3.28

Fund size

£ 141.2 m

FE Risk score

33

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    34.24%
  • Not Specified
    27.87%
  • Money Market
    20.12%
  • International
    12.41%
  • Europe ex UK
    2.69%
  • UK Equities
    34.24%
  • Money Market
    20.12%
  • Hedge
    13.24%
  • International Equities
    12.41%
  • Global Fixed Interest
    10.28%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund1.31 %1.45 %2.16 %14.78 %31.78 %
Sector1.74 %3.86 %6.82 %24.34 %37.08 %
Rank within sector154 / 207193 / 205196 / 201168 / 176123 / 151
Quartile th3 rd4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund2.09 %9.69 %-0.15 %2.73 %12.21 %
Sector6.32 %10.25 %1.21 %4.98 %9 %
Rank within sector194 / 202112 / 192145 / 178151 / 16442 / 153
Quartile th4 th3 rd4 th4 th2 nd

Risk statistics

Alpha-0.57
Beta0.7
Sharpe0.03
Volatility4.39
Tracking error2.86
Information ratio-0.81
R-Squared0.7

Price movement

52 week high147
52 week low139.9
Current bid price0
Current offer price0
Current mid price146.8

Holdings by region

  • 34.24% UK
  • 27.87% Not Specified
  • 20.12% Money Market
  • 12.41% International
  • 2.69% Europe ex UK
  • 2.67% Japan

Holdings by sector

-

Holdings by asset type

  • 34.24% UK Equities
  • 20.12% Money Market
  • 13.24% Hedge
  • 12.41% International Equities
  • 10.28% Global Fixed Interest
  • 4.35% Commodity & Energy
  • 2.69% Europe ex UK Equities
  • 2.67% Japanese Equities

Individual holdings

  • 21.05% RWC ENHANCED INCOME B DIS GBP
  • 17.94% SCHRODER STERLING LIQUIDITY PLUS I DIS
  • 10.29% SCHRODER INC MAXIMISER-Z
  • 7.65% MAJEDIE ASSET MANAGEMENT TORTOISE G ACC GBP
  • 7.04% RWC GLOBAL ENHANCED DIVIDEND B DIS GBP
  • 5.57% SCHRODER STRATEGIC CREDIT L INC
  • 5.35% RWC PARTNERS LTD
  • 3.05% MAJEDIE UK INCOME X INC GBP
  • 3.02% MORG STNLY DIVERSIFIED ALPHA PLUS ZH GBP
  • 2.68% SCHRODER EUROPEAN ALPHA INCOME Z INC