Schroder Absolute Return Bond L Inc

Quick Stats

Bid Price GBX 49.74 Offer Price GBX 49.92
Mid Price - Day Change GBX -0.09 (-0.18%)
Price Date 24 Feb 2017 Crown Rating 2
Shares Class Inc. Yield 1.27 %
Total Expense Ratio 0.00 Fund Size 97,562,000.00
Launch Date 05/09/2003 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.50 Sector IMA UK Equity Income
Min Investment (£) 0.00 Total Expense Ratio (%) 0.00
ISIN GB00BDD27918 Min TopUp (£) 0.00

Fund Objective

The Fund's investment objective is to achieve a positive return over rolling 12 month periods, in all market conditions. The Manager will seek to achieve positive returns in all market conditions, but there is no guarantee that this objective will be achieved and your capital is at risk. To achieve the investment objective, the Fund will invest primarily in a portfolio of bonds and other fixed and floating rate securities denominated in various currencies issued by governments, government agencies, supra-national and corporate issuers worldwide. The full spectrum of available securities, including non-investment grade, may be utilised. In addition foreign currency strategies may also be employed. Investment will be primarily in directly held transferable securities. The Fund may also invest in collective investment schemes, derivatives, cash, deposits, warrants and money market instruments.

Fund Managers

Paul Grainger
Paul joined Gartmore in 1999 and is responsible for managing our gilt portfolios. His career began with BZW Securities, selling a wide varity of fixed income products. Paul subsequently moved to BGI, where he was responsible for trading and managing their fixed income index funds. Paul graduated from Exeter University in 1995 with a BA in Economics and European Studies. He has passed level II of the CFA examination.