|Bid Price||GBX 89.89||Offer Price||GBX 90.72|
|Mid Price||-||Day Change||GBX +0.05 (0.06%)|
|Price Date||25 Sep 2014||Crown Rating|
|Shares Class||Inc.||Yield||5.39 %|
|Total Expense Ratio||1.13||Fund Size||119,556,043.47|
|Launch Date||29/01/1999||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.13|
|ISIN||GB0004433594||Min TopUp (£)||500.00|
The Fundâ€™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.
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 yearsâ€™ investment experience.