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Contact details

ManagerGroupLogo
31 Gresham Street, London, EC2V 7QA
0800 718 788 (Dealing)
020 7658 6965 (Fax Number)
0800 718 777 (Main Number)

investorservices@schroders.com

Fund managers

* Marcus Brookes24-Oct-2007 to Present
    view
* Robin McDonald» 24-Oct-2007 to Present
Mark Harries» 22-May-2002 to 23-Oct-2007
Simon Wood» 22-May-2002 to 23-Oct-2007


Investment objectives

The Schroder MM Diversity Fund’s aim is to achieve long term capital growth over a rolling five-year period in excess of inflation (UK Consumer Price Index) from a portfolio invested across a broad range of asset classes. The Fund is intended to provide consistent rates of return with lower risk than more traditional approaches to portfolio management which tend to be largely dependent on the performance of equities. There is a risk to an investor’s capital. Investors may not get back the amount originally invested. The Fund will invest in global markets through a diversified portfolio of collective investment schemes and exchange traded funds. Additional investment diversification will be obtained through collective investment schemes that invest in alternative asset classes including private equity, property and commodities. Investment may also be made in approved money market funds.

Key Information

Fund vs sector

  1y 3y
Position 184 / 201 88 / 170
Quartile 4 3

Fund ratings

BronzeMstar OBSR
Analyst
(Qualitative)
FE Crown Rating: 4 FE Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 2.36 4.40
Alpha -0.61 1.95
Beta 0.45 0.74
Sharpe 0.00 0.93
Info Ratio -1.23 0.01
R2 0.55 0.77
Quartiles:   1  2  3  4   help with ratios
vs. Mixed Investment 20%-60% Shares»
performance chart
chart
    1y3y5y12m-24m24m-36m36m-48m48m-60m
ACC -1.3+21.0+30.6+13.0+8.5+1.1+6.8
  MIXED INVESTMENT 20%-60% SHARES   +1.9+20.8+29.3+9.5+8.3-1.7+8.9
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf SCHRODER MM DIVERSITY Z INC INC 88.84 (p) 22-Oct-2014 0.31 1.15% IJB2 B602JM2
pdf SCHRODER MM DIVERSITY Z ACC ACC 91.63 (p) 22-Oct-2014 0.31 1.15% IJB3 B60CZD5
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf SCHRODER MM DIVERSITY A INC INC 88.17 (p) 22-Oct-2014 n/a 1.65% KR10 3153730
pdf SCHRODER MM DIVERSITY A ACC ACC 96.86 (p) 22-Oct-2014 n/a 1.65% KR23 3154926
pdf SCHRODER MM DIVERSITY N INC INC 95.57 (p) 22-Oct-2014 n/a 1.90% IJB0 B608ZH7
pdf SCHRODER MM DIVERSITY N ACC ACC 95.93 (p) 22-Oct-2014 n/a 1.90% IJB1 B60DJV4

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Unit Trust
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£1,426.9m / $2,288.6m (22-Oct-14)
Savings plan Fund has Savings Plan  Launch22-May-2002
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesn/a
Minimum initial£ 1,000
Minimum additional£ 500
Initial charge0.00%
Annual management charge1.00%
Note to chargesn/a
Trustee / DepositaryJP Morgan Trustee and Depositary Company Ltd
RegistrarJ.P. Morgan Trustee and Depositary Company Ltd
Multi-ManagerUnfettered Fund of Funds
Indexn/a
Dividend policyMar 01 (Final), Sep 01
Peer groups
Region Asset Class Investment Focus Sector
Global Mixed Asset *None Mixed Investment 20%-60% Shares
Largest holdings, 30-Sep-2014
Holding (%) Rank Fund factsheet Equity factsheet
MORGAN STANLEY INVESTMENT FUNDS DIVERSIFIED ALPHA PLUS FUND ZH GBP ACCUMULATION NAV 7.67 1 * -
MAJEDIE ASSET MANAGEMENT INVESTMENT FUND COMPANY TORTOISE FUND G GBP 7.04 2 * -
GAM FUND MANAGEMENT GLOBAL DIVERSIFIED FUND INSTITUTIONAL ACCUMULATION GBP NAV 4.92 3 * -
MAJEDIE ASSET MANAGEMENT UK EQUITY FUND X INC NAV 4.53 4 * -
THESIS UNIT TRUST MANAGEMENT LIMITED SANDITON EUROPEAN SELECT FUND F ACCUMULATION 4.02 5 * -
M&G INVESTMENT MANAGEMENT LIMITED OPTIMAL INCOME FUND STERLING I NET INCOME 3.99 6 * -
JPMORGAN ASSET MANAGEMENT EUROPE SARL INCOME OPPORTUNITY PLUS FD C GBP INC NAV 3.93 7 * -
INVESTEC FUND MANAGERS LIMITED UK SPECIAL SITUATIONS FUND A INCOME NAV 3.64 8 * -
GLG PARTNERS INVESTMENT FUNDS LIMITED JAPAN COREALPHA PROFESSIONAL D DISTRIBUTION 3.52 9 * -
RWC ASSET MANAGEMENT LLP INCOME OPPORTUNITIES B INCOME NAV 2.95 10 * -
Total46.21 

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

 
 
 
 
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Asset allocation

Cash, 33.10%
33.1000% ofCash
Hedge, 25.22%
25.2200% ofHedge
UK Equity, 14.44%
14.4400% ofUK Equity
Fixed Interest, 9.88%
9.8800% ofFixed Interest
Global Equity, 7.74%
7.7400% ofGlobal Equity
Japan Equity, 3.52%
3.5200% ofJapan Equity
Others, 3.42%
3.4200% ofOthers
Europe X UK Equity, 1.68%
1.6800% ofEurope X UK Equity
Commodity, 1.00%
1.0000% ofCommodity

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