Schroder Asian Income Maximiser Inc

Buy/Sell Price  (as of 28/10/2016) £0.5598   Day Change :  0.72%     Fund Code:  SCAII 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

Our View

Provider Logo


Dr Sees investment career commenced in 1988 upon joining Schroders within the Investment Banking division, working in structured investments, project financing, tax and property financing, until Schroders investment bank was sold to Citibank in 2000. He rejoined Schroder Investment Management in 2005 to build the open ended structured funds business. He has a BA (Double First with Distinction), PhD in Engineering, Cambridge University and 22 years investment experience.


Career Richard Sennit is a Fund Manager for Pacific Equity and Global Small Cap Equity accounts, based in London. He began his investment career upon joining Schroders in 1993 as an Analyst on the Japanese Equity team. In 1997, he moved onto the Pacific team, where he gained broad exposure to both developed and emerging markets as a Regional Fund Manager. While maintaining specialist Pacific fund management responsibilities, in 2007, Richard joined the Global Small Cap team. Education BA, Oxford University Associations & licensing Associate member of the UK Society of Investment Professionals (UKSIP) CFA charterholder
Investment HouseSchroders
Fund ProviderSchroder Unit Trusts Limited
ManagerThomas See   Biography
ManagerRichard Sennitt   Biography

Fund Objective The fund's investment objective is to provide income with potential for capital growth primarily through investment in equity and equity related securities of Asian (ex Japan) companies. In order to generate additional income, the manager may selectively sell short dated call options over securities or portfolios of securities held by the fund, or indices, by setting individual target 'strike' prices at which those securities may be sold in the future. The manager is also permitted to sell put options on securities or portfolios of securities which are not held by the fund, or indices, at target prices that are pre-set below the current market level. The manager may also, for the purpose of efficient management, use derivative instruments which replicate the performance of a basket of short dated call options or a combination of equity securities and short dated call options.

Key Statistics

Fund Status
12-Month NAV High £0.56
12-Month NAV Low £0.42
Fund Comparative IndexMSCI AC Pacific Ex Japan NR USD
Morningstar CategoryTMAsia-Pacific ex-Japan Equity
Dividend FrequencyQuarterly
Historic Yield7.03%

Annual Charges

Morningstar ratings

 as of  30/09/2016
Overall4 star
3 Years4 star
5 Years4 star
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  28/10/2016

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
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.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

Nothing to display.