Quick Stats

Bid Price GBX 51.06 Offer Price GBX 51.53
Mid Price - Day Change GBX +0.03 (0.06%)
Price Date 25 Sep 2014 Crown Rating 1
Shares Class Inc. Yield 5.39 %
Total Expense Ratio 0.00 Fund Size 119,556,043.47
Launch Date 29/01/1999 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 1.00 Sector IMA UK Equity Income
Min Investment (£) 1.00 Total Expense Ratio (%) 0.00
ISIN GB00BGCC2N23 Min TopUp (£) 0.00

Fund Objective

The Fund’s investment objective is to achieve a high level of income from a diversified portfolio of fixed interest securities. The emphasis of the Fund will be sterling denominated, or hedged-to-sterling, corporate bonds. The Fund may also invest in convertible bonds, British government securities, euro sterling issues, preference shares; sterling denominated and non-sterling denominated fixed interest securities, and other fixed interest issues. Investment will be in directly held transferable securities. The Fund may also invest in collective investment schemes, derivatives, warrants and money market instruments.

Fund Managers

Alix Stewart
Alix Stewart joined Schroders in 2012 as a Credit Portfolio Manager. Prior to joining Schroders Alix worked for UBS Global Asset Management as Head of UK Fixed Interest and before that as fund manager of Global Corporate Bonds. She graduated from University of Leeds with a BSc (Hons) in Economic and Mathematics. Alix has 20 years’ investment experience.