Schroder Strategic Credit L Inc (FUND:B11DP09) - Fund price


Fund Report

Schroder Strategic Credit Fund L Income GBP

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager Name-
Inception Date04/04/2006
NAV 27/03/2020GBP 0.85
Day Change6.75%
12 Month Yield4.34%
ISINGB00B11DP098
Dividend FrequencySemi-Annually
Net Assets (mil) 29/02/20201,109.80 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.67%
AMC1.00%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar® Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

ICE LIBOR 3 Month GBP

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

Growth Of 10,000 (GBP) 29/02/2020

How has this security performed
201520162017201820192020
Fund2.455.394.67-1.428.38-0.23
Category0.345.774.55-2.858.120.58
Benchmark1.393.661.930.106.462.93
  • Fund: Schroder Strategic Credit Fund L Income GBP
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 27/03/2020
FundCatBmark
YTD-11.08-7.221.07
3 Years Annualised-0.66-0.043.10
5 Years Annualised1.121.102.52
10 Years Annualised2.793.623.72

Morningstar SRRI

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

Investment Objective

The Fund aims to provide income and capital growth in excess of 3 Month GBP LIBOR (or an equivalent reference rate) (after fees have been deducted) over a three to five year period by investing in fixed and floating rate securities of companies in the UK and Europe but this cannot be guaranteed and your capital is at risk.

Portfolio Profile29/02/2020

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds97.444.8692.58
Cash67.9161.916.00
Other1.430.001.43
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond91.72
Cash & Equivalents6.18
Covered Bond3.95
Convertible1.25
Asset Backed0.57
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
ALTICE FRANCE S.A 7.38% 2026-05-01France1.64
New since last portfolioLong Gilt Future June 20 2020-06-30United Kingdom1.34
Sainsbury (J) plc 6.5% United Kingdom1.33
New since last portfolioFuture on Euro Bobl Future Sept 20 2020-03-06Germany1.33
Merlin Entertainments Plc 5.75% 2026-06-15United Kingdom1.29
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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