Schroder Absolute Return Bond Z GB Inc (FUND:B5W01T8) - Fund price


Fund Report

Schroder Absolute Return Bond Fund Z Income GBP

Key Stats
Morningstar® CategoryGBP Flexible Bond
Manager Name-
Inception Date11/05/2011
NAV 13/04/2021GBP 0.48
Day Change0.02%
12 Month Yield1.88%
ISINGB00B5W01T86
Dividend FrequencySemi-Annually
Net Assets (mil) 31/12/202066.70 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.67%
AMC0.50%
Fund Rebate0.05%

Morningstar Rating™

1 Star

Morningstar® Sustainability Rating

Average

Average


Sustainability Rating as of 28/02/2021

Benchmarks

Fund Benchmark

ICE LIBOR 3 Month GBP

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate TR GBP

Growth Of 10,000 (GBP) 31/03/2021

How has this security performed
201620172018201920202021
Fund3.151.22-2.095.07-0.431.17
Category8.474.74-2.128.034.94-1.48
Benchmark10.802.64-0.137.838.36-6.55
  • Fund: Schroder Absolute Return Bond Fund Z Income GBP
  • Category: GBP Flexible Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate TR GBP
Trailing Returns % (GBP) 13/04/2021
FundCatBmark
YTD0.95-1.20-5.76
3 Years Annualised0.753.373.64
5 Years Annualised1.713.943.64
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund aims to provide an absolute return of 3 month LIBOR (or an equivalent reference rate) plus 1% (after fees have been deducted) over rolling 12-month periods by investing directly or indirectly in fixed and floating rate securities issued by governments, government agencies and companies worldwide. Absolute returns means the Fund seeks a positive return over rolling 12-month periods in all market conditions, but this cannot be guaranteed and your capital is at risk.The Fund is actively managed and invests at least 80% of its assets directly, or indirectly through derivatives, in fixed and floating rate securities denominated in sterling (or in other currencies and hedged back into sterling) issued by governments, government agencies, supra-national and corporate issuers worldwide.

Portfolio Profile31/12/2020

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds128.7474.7154.03
Cash248.25204.8343.41
Other2.560.002.56
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond38.32
Cash & Equivalents33.30
Covered Bond33.07
Future/Forward10.22
Agency Mortgage Backed8.76
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolio10 Year Government Of Canada Bond Future Mar 21 2021-03-22Canada9.75
New since last portfolioFuture On 10 Year Us Treasury Note 2021-03-22Brazil8.64
New since last portfolioLong Gilt Future Mar 21 2021-03-29United Kingdom6.33
New since last portfolioUltra 10 Year Us Treasury Note Future Mar 21 2021-03-225.31
New since last portfolioFuture On 5 Year Treasury Note 2021-03-315.13
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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