Schroder Mixed Distribution Z Inc
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 57.72||Day Change||GBX +0.07 (0.12%)|
|Price Date||9 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||5.36 %|
|Total Expense Ratio||0.88||Fund Size||38,412,100.00|
|Launch Date||21/05/2012||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.62||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.88|
|ISIN||GB00B66FVB83||Min TopUp (£)||100,000.00|
The Fund's investment objective is to provide monthly income through a diversified investment in collective investment schemes invested in equity, equity-related securities, real estate securities and debt or fixed interest securities of companies worldwide. The Fund will invest in collective investment schemes and may also invest in cash, deposits, warrants, money market instruments and derivatives. The Fund will invest in collective investment schemes that may also buy or sell over-the-counter and exchangetraded derivatives, and enter into total return swaps. The Fund may use derivative instruments for investment purposes as well as for efficient management.
Gareth Isaac, CFA, is Senior Portfolio Manager, Multi Sector. He is Global fixed income fund manager, based in London. Gareth joined Schroders in 2011. In 2009, following their purchase of SGAM, he joined GLG Partners where he was a fixed income fund manager. In 2007, he worked as Senior Fixed Income Fund manager at Societe Generale Asset Management in Paris and in 2004 he became the Fixed Income Fund Manager at Axa Investment Managers. In 1998, he was an Assistant Fund Manager, then Fixed Income Manager at Newton Asset Management. Prior to this, Gareth worked at Manulife Financial and Midland Security Services. He graduated as BSc from the University of Glamorgan and is a member of the United Kingdom Society of Investment Professionals.