Schroder Income Maximiser Z Acc (FUND:B5B0KM5) - Overview

Fund Report

Schroder Income Maximiser Z Acc

Key Stats
Morningstar® CategoryUK Equity Income
Manager NameThomas See
Inception Date11/05/2011
NAV 02/12/2016GBX 75.50
Day Change-0.37%
12 Month Yield6.63%
ISINGB00B5B0KM51
SEDOLB5B0KM5
Dividend FrequencyQuarterly
Net Assets (mil) 31/08/2016964.46 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
Fund Ongoing Charge0.91%
AMC0.75%
Fund Rebate0.05%

Morningstar Rating™

4 Stars

Benchmarks

Fund Benchmark

FTSE AllSh TR GBP

Morningstar® Benchmark

FTSE All Share TR GBP

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund25.8525.323.23-6.3416.04
Category14.9425.893.896.334.95
Benchmark12.3020.811.180.9811.18
  • Fund: Schroder Income Maximiser Z Acc
  • Category: UK Equity Income
  • Benchmark: FTSE All Share TR GBP
Trailing Returns % (GBP) 02/12/2016
FundCatBmark
YTD14.673.1410.39
3 Years Annualised4.135.415.01
5 Years Annualised11.6410.588.90
10 Years Annualised6.315.615.35

Morningstar SRRI

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

Investment Objective

"The fund invests primarily in equity and equity related securities of UK companies. The fund will also use derivative instruments to generate additional income. The Manager may selectively sell short dated call options over securities or portfolios of securities held by the fund or indices, in order to generate additional income by setting target 'strike' prices at which those securities may be sold in the future. The Manager may also, for the purpose of efficient management, use derivative instruments which replicate the performance of a basket of short dated call options or a combination of equity securities and short dated call options. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, derivatives, cash, deposits, warrants and money market instruments."

Portfolio Profile31/08/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
DecreaseBP PLC Energy6.19
DecreaseGlaxoSmithKline PLC Healthcare5.85
DecreaseHSBC Holdings PLC Financial Services5.44
DecreaseRoyal Bank of Scotland Group (The) PLC Financial Services5.38
DecreaseBarclays PLC Financial Services4.57
Asset Allocation %
LongShortNet
Stocks99.711.3798.34
Bonds0.000.000.00
Cash2.310.651.66
Other0.080.080.00
Top Stock Regions
Region%
United Kingdom83.15
United States14.40
Australasia2.46
Japan0.00
Asia - Developed0.00
Top Stock Sectors
Stock Sector%
Financial Services29.99
Healthcare13.21
Energy10.58
Consumer Cyclical10.47
Technology9.15
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 Trafford House, Chester Road, Manchester M32 0RS. 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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