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Schroder Income Maximiser

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Schroder Income Maximiser Z Acc
Select Performance Currency
Pound Sterling
  • What is the Fund’s objective?

    The fund aims to provide income and capital growth. The fund aims to deliver a target income of 7% per year but this is not guaranteed and could change depending on market conditions. At least 80% of the fund will be invested in shares of UK companies. The fund has no bias to any particular industry or size of company. The fund invests in 'value' stocks – those whose share prices appear low relative to their long-term profit potential, and which are typically paying an attractive and growing dividend. The fund generates its income from two sources; dividends received from shares in companies; and cash received from selling some potential future growth of the fund's holdings using derivatives. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives will be used to achieve the investment objective and to reduce risk or manage the fund more efficiently. The strategy will typically underperform a similar portfolio without derivatives in periods when the underlying stock prices are rising, and outperform when the underlying stock prices are falling.

    How does FE rate this fund?

    Who manages this fund?

    Kevin Murphy Since 26-Jul-2016

    Kevin Murphy, CFA is a Specialist Value UK Equity Fund Manager with 13 years investment experience. Previously he was a...

    Co-manager

    Nick Kirrage Since 26-Jul-2016

    Nick Kirrage, CFA is a Specialist Value UK Equity Fund Manager with 12 years investment experience. Previously a sector...

    Co-manager

    Mike Hodgson Since 26-Jul-2016

    Mike Hodgson is Head of Risk Managed Investments & Structuring at Schroders and has over 25 years of experience in...

    Co-manager

  • How has this fund performed?

    Cumulative Performance chart

    View event history

    Cumulative Performance as at 24/05/2017
        3m 6m 1yr 3yrs 5yrs
    Schroder Income Maximiser Z Acc +3.2 +8.6 +21.7 +22.5 +88.5
    UK Equity Income +5.7 +12.7 +19.9 +25.5 +80.9

    Discrete Performance chart

  • Forensic News Alerts

  • Ratios and Analysis

    How does this fund compare against other funds in UK Equity Income?

    Quartile Ranking

        1y 3y
    ? Position 30 / 96 68 / 84
    ? Quartile 2 4

    Ranking is for the main unit within the sector View other funds in this sector

    Other Rating

    Morningstar Analyst
    Rating

    Ratio Info

        1y 3y
    ? Volatility 7.43 9.09
    ? Alpha 2.81 -0.36
    ? Beta 0.75 0.94
    ? Sharpe 1.53 0.27
    ? Info Ratio -0.21 -0.18
    ? R2 0.58 0.74
    ? Quartiles:1 2 3 4

    Risk Score

    FE Risk scores allow you to see how risky a fund is in comparison with the FTSE 100.

    This fund: 93
    FTSE 100: 100
    Cash: 0

    Investment Details

    Charges
    Initial 0.00%
    Annual 0.75%
    ? OCF 0.91%
    Minimum Investment?
    Initial £ 1,000,000
    Additional £ 100,000
  • Prices

      Unit type Currency Bid Offer Date Yield Citicode SEDOL ISIN
    Schroder Income Maximiser Z Acc ACC GBX 83.11 83.60 24 May 2017 6.80 NND1 B5B0KM5 GB00B5B0KM51

    Change the share class at the top of the page to see details of other share classes for this fund.

  • What does this fund invest in?

    Asset Class Breakdown (28 Apr 2017)

    Rank Asset %    
    1 UK Equities 82.97
    2 US Equities 13.08
    3 Australian Equities 2.73
    4 Liquid Assets 1.71
    5 Derivatives -0.49

    Top Holdings (28 Apr 2017)

    Rank Largest Holdings %  
    1 HSBC HLDGS 5.62
    2 ROYAL BANK OF SCOTLAND GROUP PLC 5.37
    3 AVIVA 5.34
    4 GLAXOSMITHKLINE 5.19
    5 BP 5.17
    6 PEARSON 5.06
    7 BARCLAYS PLC 4.10
    8 ROYAL DUTCH SHELL 4.06
    9 CENTRICA PLC 3.73
    10 ASTRAZENECA PLC 3.53
  • Additional Information

    Additional Information

    Legal Structure: UNIT
    Own ISA wrapper: NO
    Trustee / Depositary: J.P. Morgan Europe Limited
    Registrar: International Financial Data Services Limited
    Multi-Manager: NO
    Dividend policy: Mar 01 (Interim), Jun 01 (Interim), Sep 01 (Final), Dec 01 (Interim)
    Fund size: £1,113.2m / $1,439.9m (24-May-17)
    Unit Launch: 11-May-2011
    Fund Launch: 04-Nov-2005
    Savings plan: Minimum: £ 50.0 Monthly
    Pricing times: 12:00 Daily
    Dealing times: N/A
    Dealing frequency: Daily
  • News and Research about this fund

    Relevant articles

    Relevant Guides

  • Contact Details

    31 Gresham Street, London, EC2V 7QA


    investorservices@schroders.com

    0800 718 777 (Main Number)

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 Pound Sterling (GBP). You can switch the fund’s native currency using the currency selector towards the top of this page.

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Data provided by FE. Care has been taken to ensure that the information is correct, but FE neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

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