|Fund Provider||Schroder Unit Trusts Limited|
|Manager||Alex Smitten Biography|
Fund Objective The fund aims to achieve a high income return together with capital growth by investing primarily in fixed income instruments including bonds, notes of fixed and variable interest, preference shares, convertible and other securities issued by government, quasigovernment, supranational, bank and corporate entities, and derivative instruments. The fund may use forward foreign exchange transactions, credit default swaps, interest rate and government bond futures, and other exchange traded and off exchange traded derivative contracts for the purposes of efficient portfolio management and/or meeting the investment objectives of the fund. Such derivative contracts have the potential to significantly increase the fund's risk profile. The ACD employs a risk management process that seeks to control the volatility of Fund returns. The fund's net exposure to non-investment grade instruments, as determined by the ACD, may not exceed 20 per cent. of net asset value.
|12-Month NAV High||£1.24|
|12-Month NAV Low||£1.16|
|Fund Comparative Index||-|
|Morningstar CategoryTM||GBP Corporate Bond|
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.