Schroder Managed Balanced Class H Accumulation 
Also available as income units
Overview
| Fund manager's initial charge | 5.25% |
|---|---|
| HL initial saving | 5.25% |
| Net initial charge | 0.00% |
| Dealing charge | Free |
| Fund manager's annual charge | 0.80% |
| Performance charges | No |
| Total Expense Ratio | 0.96% |
| HL annual saving | 0.00% 2 |
| Platform fee | Free |
| Launch date | 02-01-2007 |
| Launch price | £0.50 |
| Sector | Mixed Investment 40-85% Shares |
| Fund size | £537.00 million |
| Number of holdings | 18 |
| Fund type | Unit Trust |
| Type of units | Accumulation |
Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above.
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Before you invest please read the key features and Simplified Prospectus/Key Investor Information Document for more details.
HL research - our view on this fund
Johanna Kyrkland expects stock markets to remain volatile until a sustainable resolution to the European sovereign debt crisis is reached. She has reduced exposure to equities, particularly in Europe, from 74% to 60%. The fund also has a higher than normal cash balance of 21%, which she will invest once there is a better outlook for global markets. She has increased holdings in government bonds and high quality corporate bonds.
About the Fund Manager
Johanna Kyrklund
Located in: London
Johanna Kyrklund, Head of Multi-Asset Investment - joined Schroders in March 2007 and is responsible for investment on behalf of all UK, European and US Multi-Asset clients. She is a member of the Global Asset Allocation Committee and fund manager of the Schroder Diversified Growth funds. Prior to joining Schroders, Johanna specialised in tactical asset allocation strategies. From 2005 she worked at Insight Investment where she managed an unconstrained global macro absolute return fund. From 1997 to 2005 she worked at Deutsche Asset Management where she was Head of Asset Allocation in the UK and a fund manager of the Deutsche tactical asset allocation fund. She holds a degree in Philosophy, Politics & Economics from Oxford University and is a CFA charterholder. Johanna Kyrklund, has regularly featured on the Financial News FN100 lists of 'rising stars' for several years. She was first named a rising star in 2006 - an honour she has since held on to even during the worst of the financial crisis. For the last two years, Johanna also featured on the FN100 list of most influential women in finance.
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Income details
| Historic yield | 1.52% |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. Information as at 30-11-2011.
Distribution dates
| Ex-dividend date | 24 February 2012 |
|---|---|
| Payment date 4 | 23 April 2012 |
Top 10 holdings
| Schroder UTL UK Equity | 9.99% |
|---|---|
| Schroder UTL UK Alpha Plus | 9.73% |
| Schroder UTL All Maturities Corporate Bond Class I | 9.63% |
| Schroder UTL Income | 9.15% |
| Schroder UTL QEP US Core Class I | 8.85% |
| Schroder UTL European Alpha Plus | 8.37% |
| Schroder UTL Asian Alpha Plus | 6.70% |
| Schroder ISF Global High Yield Class I | 4.13% |
| Schroder UTL Tokyo | 3.83% |
| Schroder UTL Global Emerging Markets | 1.95% |
Top 10 sectors
| Cash and Equiv. | 24.71% |
|---|---|
| Bonds | 14.25% |
| Non-Classified | 8.55% |
| Oil & Gas Producers | 4.95% |
| Banks | 4.52% |
| Pharmaceuticals & Biotechnology | 4.24% |
| Life Insurance | 2.79% |
| General Retailers | 2.55% |
| Technology Hardware & Equipment | 2.48% |
| Travel & Leisure | 2.45% |
Top 10 countries
| United Kingdom | 31.41% |
|---|---|
| Cash and Equiv. | 24.71% |
| United States | 12.94% |
| Non-Classified | 4.99% |
| Japan | 3.68% |
| France | 2.88% |
| Netherlands | 2.33% |
| Germany | 2.21% |
| Switzerland | 2.21% |
| Hong Kong | 2.01% |
Some of the data on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
2 Annual saving is not available in the SIPP or Junior ISA.
4 If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Prices as at 09-02-2012. Data as at 30/11/2011.
