Fact sheet: Schroder Income

Fund information
Fund name
Schroder Income Z Acc
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund managers
  • Nick Kirragesince 18/05/2010
  • Kevin Murphysince 18/05/2010
Fund objective
The fund's investment objective is to provide a growing income, predominantly from investment in UK equities. In seeking a yield higher than that offered by the major UK equity indices, the fund will invest primarily in above average yielding equities rather than fixed interest securities. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Benchmark
  • FTSE All Share TR
Investment style
Active,Value
Investment method
Shares
Quick stats
1 Year return
16.9%
1 Year rank in sector
36/96
Sector
UT UK Equity Income
Yield
3.5%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.91%
Fund size
£1,925m (£1,452m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
107
Bid price
90.13
Offer price
90.65
Top in this sector
Fund name1 Year
UBS UK Equity Income32%
VT Sorbus Vector26.5%
Scot Wid Fdmtl Index UK Equity24.2%
JOHCM UK Equity Income22.8%
Man GLG UK Income21.9%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK84.4%
    USA13.2%
    Australia2.9%
    Not Specified-0%
    Money Market-0.5%
  • Financials31.8%
    Consumer Services20%
    Health Care12%
    Oil & Gas9.8%
    Technology8.7%
  • UK Equities81.4%
    US Equities13.4%
    Money Market2.7%
    Australian Equities2.6%
    Alternative Investment Strategies-0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%-0.2%6.3%16.9%24.7%92.9%
Sector1.3%5.3%8%16%22.9%67.1%
Rank within sector97 / 10098 / 9974 / 9736 / 9643 / 849 / 80
Quartile4th4th4th2nd3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund0.8%25.3%-6.6%4.9%33.5%
Sector5.4%9.1%4.9%2.8%24.8%
Rank within sector99 / 993 / 9388 / 8828 / 8410 / 80
Quartile4th1st4th2nd1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
1.15
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.02
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.49
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
10.18
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
5.59
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.2
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.7
Price movement
52 week high92.21
52 week low71.26
Current bid price90.13
Current offer price90.65
Current mid price-
Region
1UK84.39%
2USA13.2%
3Australia2.9%
4Not Specified-0%
5Money Market-0.49%
Industry sector
1Financials31.79%
2Consumer Services20.03%
3Health Care12.02%
4Oil & Gas9.76%
5Technology8.66%
6Basic Materials7.45%
7Utilities6.43%
8Telecommunications2.92%
9Industrials1.43%
Asset type
1UK Equities81.36%
2US Equities13.42%
3Money Market2.69%
4Australian Equities2.57%
5Alternative Investment Strategies-0.04%
Individual holdings
1HSBC HLDGS5.89%
2GLAXOSMITHKLINE5.65%
3BP5.33%
4AVIVA5.21%
5ROYAL BANK OF SCOTLAND GROUP PLC4.99%
6PEARSON4.91%
7BARCLAYS PLC4.47%
8ROYAL DUTCH SHELL4.42%
9CENTRICA PLC4.11%
Management
Fund manager group
Schroders
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund objective
The fund's investment objective is to provide a growing income, predominantly from investment in UK equities. In seeking a yield higher than that offered by the major UK equity indices, the fund will invest primarily in above average yielding equities rather than fixed interest securities. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Benchmark
  • FTSE All Share TR
Investment style
Active,Value
Investment method
Shares
Fund managers
NameSinceBiography
Nick Kirrage18/05/2010Nick Kirrage, CFA is a Specialist Value UK Equity Fund Manager with 12 years investment experience. Previously a sector analyst responsible for a number of UK sectors including Transport and Metals & Mining. His investment career commenced in 2001 at Schroders. He is a Chartered Financial Analyst and holds a Degree in Aeronautical Engineering, Bristol University.
Kevin Murphy18/05/2010Kevin Murphy, CFA is a Specialist Value UK Equity Fund Manager with 13 years investment experience. Previously he was a sector analyst for Pan European Construction and Building Materials. His Investment career commenced in 2000 at Schroders. He is a Chartered Financial Analyst and he holds a Degree in Economics from Manchester University.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Schroder Income A Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)-
Bid price8683
Offer price8733
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUM09
Schroder Income A Inc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)-
Bid price1130
Offer price1137
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUM10
Schroder Income L Acc
Initial charge-
Annual charge0.68%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.83%
Total expense ratio (TER)-
Bid price66.65
Offer price67.04
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJOVL
Schroder Income L Inc
Initial charge-
Annual charge0.68%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.83%
Total expense ratio (TER)-
Bid price58.27
Offer price58.6
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJOVM
Schroder Income Z Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)-
Bid price90.13
Offer price90.65
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNNC9
Schroder Income Z Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)-
Bid price72.12
Offer price72.54
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNND0
Data provided by

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