Schroder MM Diversity Balanced Fd A Acc

Buy/Sell Price  (as of 21/10/2016) £1.441   Day Change :  0.49%     Fund Code:  CZMBA 

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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Marcus Brookes is Head of Multi-Manager at Cazenove Capital. Marcus joined from Gartmore Investment Management. He graduated from the University of Sterling with an MSc. in Investment Analysis. Marcus is a Director of Cazenove Capital and has 19 years investment experience. Marcus began his investment career in 1994 when he joined Friends Ivory & Sime to work on global equity and bond desks as a Portfolio Management Assistant. Having gained knowledge of stock analysis and portfolio construction techniques in a variety of asset classes, he latterly transferred to work alongside Bambos in running funds of fund in 1999. He left the company (along with Bambos) when the pair were recruited to join Rothschild. Marcus role as co-manager for the Gartmore MultiManager range of funds means that he is involved in portfolio construction and also has sector responsibilities for selecting North American, Far East Ex-Japan and Global Emerging Market Equity Funds


Robin McDonald is a member of the Multi-Manager team. Robin joined from Gartmore Investment Management. He is a CFA Charterholder, a Director of Cazenove Capital and has 13 years investment experience. Robin McDonald joined Cazenove in October 2007. Prior to joining Cazenove, Robin worked as an Analyst at Gartmore Investment Management, where his responsibilities included asset allocation, fund selection and portfolio construction. Prior to joining Gartmore, Robin held a similar position at Insight Investment, following its acquisition of Rothschild Asset Management in 2003.
Investment HouseSchroders
Fund ProviderSchroder Unit Trusts Limited
ManagerMarcus Brookes   Biography
ManagerRobin McDonald   Biography

Fund Objective The Schroder MM Diversity Balanced Fund seeks to deliver long term capital growth from exposure to a diversified portfolio of investments including equities, bonds, fixed interest and cash It will also aim to provide a moderate income. The trust will have exposure to both United Kingdom and overseas markets. The trust will invest predominantly through authorised unit trusts, open-ended investment companies, exchange traded funds and other collective investment schemes. Where it is considered appropriate, the trust may also invest in closed-ended funds, individual transferable securities, money market instruments, deposits and/or other securities and instruments. The trust may seek investment diversification by obtaining exposure, through collective investments and closed ended funds, to alternative asset classes including hedge funds, private equity, property and commodities. The trust may utilise derivatives for efficient portfolio management purposes.

Key Statistics

Fund Status
12-Month NAV High £1.44
12-Month NAV Low £1.21
Fund Comparative IndexHFRI (10) FTSE World Ex UK TR GBP (15) IPD Index (10) S&P GSCI TR USD (5) FTSE AllSh TR GBP (50) FTSE Gilts All Stocks TR GBP (10)
Morningstar CategoryTMGBP Moderate Allocation
Dividend FrequencyTwice Yearly
Historic Yield0.37%

Annual Charges

Morningstar ratings

 as of  30/09/2016
Overall3 star
3 Years3 star
5 YearsN/A
10 YearsN/A

Growth of £1000 Help

 as of  21/10/2016

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.

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