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Contact details

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

Fund managers

* Matt Hudson06-May-2005 to Present
Wade Pollard»06-May-2005 to 31-Mar-2008

Investment objectives

The fund aims to provide a high level of income together with long term capital growth by investing predominantly in United Kingdom equities. Whilst the fund will invest primarily in United Kingdom equities it may also invest in fixed interest securities, cash, deposits and money market instruments and in other markets.

Key Information

Fund vs sector

  1y 3y
Position 65 / 92 16 / 89
Quartile 3 1

Fund ratings

BronzeMstar OBSR
FE Crown Rating: 5 FE Crown Rating


  1y 3y
Volatility 9.53 10.51
Alpha -2.94 0.74
Beta 1.16 1.14
Sharpe 0.00 1.31
Info Ratio -0.93 0.82
R2 0.96 0.93
Quartiles:   1  2  3  4   help with ratios
vs. UK Equity Income»
performance chart
INC +2.6+59.6+89.4+24.9+24.6-0.9+19.8
  UK EQUITY INCOME   +4.2+47.6+64.3+21.1+16.9-4.5+16.5
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf SCHRODER UK ALPHA INCOME Z ACC ACC 182.00 (p) 19-Dec-2014 3.97 0.91% 11LS B7F32Y0
pdf SCHRODER UK ALPHA INCOME L INC INC 52.17 (p) 19-Dec-2014 4.13 0.84% JWFB BDRZNJ8
pdf SCHRODER UK ALPHA INCOME L ACC ACC 53.73 (p) 19-Dec-2014 4.04 0.84% JWFC BDRZNC1
pdf SCHRODER UK ALPHA INCOME Z INC INC 168.00 (p) 19-Dec-2014 4.05 0.91% KR58 B073JS2
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf SCHRODER UK ALPHA INCOME C ACC ACC 174.00 (p) 19-Dec-2014 3.92 1.16% J6JA B9F44D0
pdf SCHRODER UK ALPHA INCOME A ACC ACC 162.20 (p) 19-Dec-2014 3.23 1.66% JTBE BDV0L17
pdf SCHRODER UK ALPHA INCOME C INC 163.60 (p) 19-Dec-2014 4.05 1.16% KR59 B073HX3
pdf SCHRODER UK ALPHA INCOME A INC INC 155.80 (p) 19-Dec-2014 4.05 1.66% KR60 B073JG0

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 Open Ended Investment Company (OEIC)
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£660.5m / $1,031.4m (19-Dec-14)
Savings plan Fund has Savings Plan  Launch06-May-2005
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesn/a
Minimum initial£ 1,000
Minimum additional£ 500
Initial charge0.00%
Annual management charge1.50%
Note to chargesn/a
Trustee / DepositaryJP Morgan Trustee and Depositary Company Ltd
RegistrarJ.P. Morgan Trustee and Depositary Company Ltd
Dividend policyJan 01 (Final), Jul 01
Peer groups
Region Asset Class Investment Focus Sector
United Kingdom Equity *None UK Equity Income
Largest holdings, 31-Oct-2014
Holding (%) Rank Fund factsheet Equity factsheet
GlaxoSmithKline 5.79 1 - *
BP 5.59 2 - *
AstraZeneca 4.85 3 - *
Vodafone Group 4.33 4 - -
HSBC Holdings 3.99 5 - *
National Grid 3.44 6 - -
BT Group 3.26 7 - *
Royal Dutch Shell 3.24 8 - *
BHP Billiton 3.21 9 - -
Barclays 3.17 10 - *
Regional weightings, 28-Nov-2014
United Kingdom97.841 97.84% United Kingdom
Cash2.162 2.16% Cash
Sector weightings, 28-Nov-2014
Financials28.681 28.68% Financials
Consumer Services17.422 17.42% Consumer Services
Health Care10.343 10.34% Health Care
Telecommunications9.274 9.27% Telecommunications
Industrials9.195 9.19% Industrials
Oil & Gas7.586 7.58% Oil & Gas
Consumer Goods4.997 4.99% Consumer Goods
Utilities4.618 4.61% Utilities
Basic Materials4.269 4.26% Basic Materials
Cash2.1610 2.16% Cash
Technology1.5011 1.50% Technology

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

UK Equities, 97.84%
97.8400% ofUK Equities
Cash, 2.16%
2.1600% ofCash

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Sector analysis


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