Schroder Strategic Credit L Acc (FUND:B11DP10) - Fund price - Overview

Fund Report

Schroder Strategic Credit L Accumulation

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager Name-
Inception Date04/04/2006
NAV 23/05/2017GBX 167.50
Day Change0.06%
12 Month Yield5.12%
ISINGB00B11DP106
SEDOLB11DP10
Dividend FrequencySemi-Annually
Net Assets (mil) 30/04/2017847.71 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
Fund Ongoing Charge0.67%
AMC1.00%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

UK Treasury Bills 3M GBP

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

Morningstar Analyst Rating™ *

Neutral

Growth Of 10,000 (GBP) 30/04/2017

How has this security performed
20132014201520162017
Fund4.052.262.455.372.27
Category4.274.430.345.772.32
Benchmark0.047.921.393.660.83
  • Fund: Schroder Strategic Credit L Accumulation
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 23/05/2017
FundCatBmark
YTD2.822.800.97
3 Years Annualised3.683.283.44
5 Years Annualised4.945.643.43
10 Years Annualised4.745.964.80

Morningstar SRRI

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

Investment Objective

The Fund aims to generate a total return above Sterling cash interest rates, primarily through a flexible allocation to investment grade bonds, non-investment grade bonds and derivative instruments. The Fund may invest in rated and unrated securities including bonds, notes of fixed and variable interest, preference shares, equities, convertible and other securities issued by government, quasi-government, supranational, bank and corporate entities, and derivative instruments. The Fund may invest in cash, near cash and deposits without limitation. The Fund may use forward foreign exchange transactions, futures, credit default swaps 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.

Portfolio Profile30/04/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.090.000.09
Bonds91.620.0391.59
Cash7.121.485.64
Other2.790.122.68
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond90.47
Cash & Equivalents5.78
Future/Forward1.62
Commercial Mortgage Backed1.12
Convertible0.55
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseAbn Amro Bk Nv FRN 2018-11-30Netherlands2.18
IncreaseSainsbury(J) 2049-12-29United Kingdom1.67
Schaeffler Fin B V 144A 4.75% 2023-05-15Netherlands1.42
Kon Kpn Nv 2073-03-14Netherlands1.27
Bqe Fed Cred Mut FRN 2019-02-07France1.18
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited 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. 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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