Schroder Global Multi-Asset Income Z Inc


Buy/Sell Price  (as of 22/09/2017) £0.4549   Day Change :  -0.15%     Fund Code:  SCGZI 

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.

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Biography

Mr. Cunningham, CFA, is a Portfolio Manager at the Schroders organization. He has been an employee of the Schroders organization since 2007. He holds a B.A. and an M.S. from Loughborough University.

Biography

Mr. Forest, CFA, is the Lead Portfolio Manager at the Schroders organization. He joined Schroders in May 2011 as a portfolio manager in the Multi-Asset team. Prior to joining Schroders, he was Global Head of Investment Solutions at Banco Bilbao Vizcaya Argentaria (BBVA) responsible for multi-asset products. Before BBVA, Forest was head of tactical asset allocation quantitative strategies at Fortis Investments, within BNP Paribas Investment Partners. He was previously head of tactical asset allocation research at ABN AMRO Asset Management. He holds a master's degree from Nancy 2 University.
Investment HouseSchroder
Fund ProviderSchroder Unit Trusts Limited
ManagerIain Cunningham   Biography
ManagerAymeric 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.

Key Statistics

Fund Status
Fund TypeUNIT TRUST
ISINGB00BSNLQV88
12-Month NAV High £0.47
12-Month NAV Low £0.45
Fund Comparative Index -
Morningstar CategoryTMGBP Moderate Allocation
Dividend FrequencyMonthly
Historic Yield4.27%

Annual Charges

Morningstar ratings

OverallN/A
3 YearsN/A
5 YearsN/A
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  22/09/2017

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
----4.92-5.92
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.

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