Quick Stats

Bid Price GBX 61.19 Offer Price GBX 61.63
Mid Price - Day Change GBX -0.11 (-0.18%)
Price Date 22 Sep 2017 Crown Rating 2
Shares Class Inc. Yield 2.65 %
Total Expense Ratio 0.00 Fund Size 967,980,000.00
Launch Date 24/06/2002 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.38 Sector IMA UK Equity Income
Min Investment (£) 1.00 Total Expense Ratio (%) 0.00
ISIN GB00BGCC3B75 Min TopUp (£) 0.00

Fund Objective

The fund aims to provide capital growth. At least 80% of the fund will be invested in a concentrated range of shares of UK companies. The fund has no bias to any particular industry or size of company. 'Alpha' funds invest in companies in which we have a high conviction that the current share price does not reflect the future prospects for that business. The fund will typically hold between 50 and 60 companies. The fund will invest in companies which offer the best combination of value and quality in the market. Attention is paid to balance sheet strength, cash generation and where the company is in the business cycle. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.

Fund Managers

Philip Matthews
Philip Matthews joined Schroders in October 2013 to take over management of the Schroder UK Alpha Plus Fund. At the beginning of 1999 Philip joined Jupiter's fund management department and has managed both retail and UK institutional portfolios since November 2001. Philip has managed the Jupiter Growth & Income Fund since April 2006 and was also the Deputy Fund Manager of Jupiter Income Trust. Prior to this Philip worked at Chesterton plc in the Residential Investment and Development Department. Philip Matthews studied at Cambridge University where he gained a degree in Modern & Medieval Languages.