To continue using FE Trustnet please choose an edition:

This site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about cookies on the website and how to delete cookies, see our Privacy and Cookie Policy.

I accept the FE Trustnet cookie policy

For more information Click here




It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table

What is the best asset class to protect investors from equity risk?

Absolute return strategies


You are here: Factsheet

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 70 / 93 14 / 89
Quartile 3 1

Fund ratings

BronzeMstar OBSR
FE Crown Rating: 5 FE Crown Rating


  1y 3y
Volatility 8.84 10.75
Alpha -3.34 1.09
Beta 1.13 1.12
Sharpe 0.00 1.03
Info Ratio -1.49 0.78
R2 0.96 0.93
Quartiles:   1  2  3  4   help with ratios
vs. UK Equity Income»
performance chart
INC +3.2+64.4+88.4+31.7+21.0+0.8+13.7
  UK EQUITY INCOME   +5.4+51.6+65.9+26.1+14.0-3.3+13.1
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf SCHRODER UK ALPHA INCOME Z ACC ACC 183.20 (p) 21-Nov-2014 3.94 0.91% 11LS B7F32Y0
pdf SCHRODER UK ALPHA INCOME L INC INC 52.53 (p) 21-Nov-2014 4.10 0.84% JWFB BDRZNJ8
pdf SCHRODER UK ALPHA INCOME L ACC ACC 54.11 (p) 21-Nov-2014 4.01 0.84% JWFC BDRZNC1
pdf SCHRODER UK ALPHA INCOME Z INC INC 169.20 (p) 21-Nov-2014 4.02 0.91% KR58 B073JS2
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf SCHRODER UK ALPHA INCOME C ACC ACC 175.20 (p) 21-Nov-2014 3.89 1.16% J6JA B9F44D0
pdf SCHRODER UK ALPHA INCOME A ACC ACC 163.40 (p) 21-Nov-2014 3.21 1.66% JTBE BDV0L17
pdf SCHRODER UK ALPHA INCOME C INC 164.80 (p) 21-Nov-2014 4.02 1.16% KR59 B073HX3
pdf SCHRODER UK ALPHA INCOME A INC INC 157.00 (p) 21-Nov-2014 4.02 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£671.0m / $1,052.1m (21-Nov-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 charge1.50%
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, 31-Oct-2014
United Kingdom98.711 98.71% United Kingdom
Cash1.292 1.29% Cash
Sector weightings, 31-Oct-2014
Financials28.081 28.08% Financials
Consumer Services17.652 17.65% Consumer Services
Health Care10.643 10.64% Health Care
Industrials10.644 10.64% Industrials
Oil & Gas8.825 8.82% Oil & Gas
Telecommunications7.596 7.59% Telecommunications
Basic Materials5.287 5.28% Basic Materials
Utilities4.428 4.42% Utilities
Consumer Goods4.119 4.11% Consumer Goods
Technology1.4810 1.48% Technology
Cash1.2911 1.29% Cash

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.

Add your comment
Reload Change mode
Enter the words above:
Send comment
Be the first to comment on this Factsheet.

Investment options

pdf View & print PDF Factsheet
mail Email factsheet to a friend
life Click here for Schroder UK Alpha Income life wrappers
pension Click here for Schroder UK Alpha Income pension wrappers


Latest Fundswire  

Buy this fund here

You can now buy & sell funds and shares at our new sister-site at highly competitive rates

Asset allocation

UK Equities, 98.71%
98.7100% ofUK Equities
Cash, 1.29%
1.2900% ofCash

FE Adviser Fund Index

Sector analysis


FE Trustnet portfolio

register   login
Register      Login
Use the plus sign add to portfolio on the left to add this fund to your portfolio