|Fund Provider||Schroder Unit Trusts Limited|
|Manager||Iain Cunningham Biography|
|Manager||Aymeric Forest Biography|
Fund Objective The Fund aims to provide income and capital growth over the medium to long term by investing in equity and equity related securities, fixed and floating rate securities and alternative assets worldwide. The Fund aims to provide investors with an annual distribution payment of between 4% and 6% but this cannot be guaranteed and your capital is at risk. The Fund invests at least 80% of its assets (directly or indirectly through derivatives) in equity and equity related securities; fixed or floating rate securities issued by governments, government agencies, supra-national or corporate issuers; and alternative asset classes (including hedge fund strategies, commodities and real estate) indirectly through exchange traded funds or real estate investment trusts. As the Fund is index-unconstrained it is managed without reference to an index. The Fund may invest up to 60% of its assets in fixed or floating rate securities rated as BB+ or lower by Standard & Poors, or an equivalent rating by another rating agency. The Fund may invest up to 10% of its assets in fixed and floating rate securities rated as CCC or lower, by Standard & Poors or an equivalent rating by another rating agency, or in unrated securities. The Fund may invest up to 10% of its assets in collective investment schemes. The Fund may hold up to 20% of its assets in cash, deposits and money market instruments. 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||£0.51|
|12-Month NAV Low||£0.48|
|Fund Comparative Index||-|
|Morningstar CategoryTM||GBP Moderate Allocation|
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.