|Fund Provider||Schroder Unit Trusts Limited|
|Manager||Alix Stewart Biography|
Fund Objective The Fund aims to provide capital growth and income by investing in fixed and floating rate securities issued by companies worldwide. The Fund invests at least 80% of its assets in fixed and floating rate investment grade securities (as measured by Standard & Poor's or any other equivalent credit rating agencies) denominated in sterling (or in other currencies and hedged back into sterling) and issued by companies worldwide. The Fund may also invest in collective investment schemes, equity and equity related securities, warrants and money market instruments, and hold cash. The Fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the Fund more efficiently. The Fund may use leverage and take short positions.
|Fund Type||UNIT TRUST|
|12-Month NAV High||£0.61|
|12-Month NAV Low||£0.58|
|Fund Comparative Index||-|
|Morningstar CategoryTM||GBP Corporate Bond|
|Dividend Frequency||Twice Yearly|
One or more funds cannot be shown as they have less than one year of performance data.
Fund versus Morningstar Category
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.