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 02/06/2020GBX 46.64
Day Change0.04%
12 Month Yield2.32%
Dividend FrequencySemi-Annually
Net Assets (mil) 29/02/202086.84 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%
Fund Rebate0.05%

Morningstar Rating™

1 Star

Morningstar® Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark


Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate TR GBP

Growth Of 10,000 (GBP) 31/05/2020

How has this security performed
  • Fund: Schroder Absolute Return Bond Fund Z Income GBP
  • Category: GBP Flexible Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate TR GBP
Trailing Returns % (GBP) 02/06/2020
3 Years Annualised-0.201.904.95
5 Years Annualised0.313.545.72
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. As the Fund is indexunconstrained it is managed without reference to an index.

Portfolio Profile29/02/2020

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond41.99
Covered Bond26.95
Government Related7.35
Asset Backed6.03
Top Holdings
IncreaseDecreaseNew since last portfolio
IncreaseSchroder ISF China Lcl Ccy Bd I Acc CNH Luxembourg3.16
IncreaseYorkshire Building Society 1.29% 2024-11-21United Kingdom2.87
Morgan Stanley 0.3% 2022-11-08United States2.67
IncreaseSpain (Kingdom of) 1.95% 2030-07-30Spain2.56
Nordrhein-Westfalen (Land) 0% 2024-10-15Germany2.54
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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