Schroder Managed Balanced Class I - Accumulation (GBP)

Sell:1,332.00p Buy:1,332.00p Change:

9.00p (0.67%)

Prices as at 17 April 2024

Sell:1,332.00p

Buy:1,332.00p

Change:

9.00p (0.67%)

You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

Prices as at 17 April 2024

Sell:1,332.00p

Buy:1,332.00p

Change:

9.00p (0.67%)

Prices as at 17 April 2024

You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Also available as income units

Charges and Savings

Initial charges
Initial charge:	0.00%
Initial saving from HL:	0.00%
HL dealing charge:	Free
Net initial charge:	0.00%

How initial savings affect the buy price

Annual charges

Performance fee:

Ongoing charge (OCF/TER):

0.93% i

Ongoing saving from HL:

0.61% i

Net ongoing charge:

0.32%

There are other unit types of this fund available:

Class I - Income (GBP)

(Net ongoing charge 0.32%)

HMRC believes that from April 2013 rebates of annual charges (such as loyalty bonuses) paid on funds held in nominee accounts, such as our Fund & Share Account, should be subject to income tax. Loyalty bonuses paid on funds in ISAs and SIPPs are unaffected, and they remain tax-free.

We believe all loyalty bonuses are tax-free and we are challenging HMRC's interpretation. However, while we make this challenge we are paying loyalty bonuses within the Vantage Fund & Share Account net of an amount equivalent to the basic rate tax. If we are successful in our challenge we will return this money to clients. If we are unsuccessful we will use the money to pay over any amounts due to HMRC.

If loyalty bonuses are taxable then the value of our ongoing saving to you could be reduced, depending on the rate of tax you pay. The below table gives an indication of how this may affect you.

In this case, the ongoing saving is 0.61%, of which 0.27% is paid by loyalty bonus. The tax that could be payable on this loyalty bonus, and therefore the value of this saving to you, is shown below.

	Non-taxpayer	Basic rate taxpayer	Higher rate taxpayer	Additional rate taxpayer
Ongoing saving from HL:	0.61%	0.61%	0.61%	0.61%
Loyalty bonus:	0.27%	0.27%	0.27%	0.27%
Tax on loyalty bonus:	0.00%	0.054%	0.108%	0.1215%
Value of ongoing saving to you:	0.61%	0.556%	0.502%	0.4885%

Tax rules can change and benefits depend on individual circumstances. Please remember loyalty bonuses received on funds held in the Vantage ISA or Vantage SIPP are exempt from tax.

Also, loyalty bonuses received by overseas investors, companies and charities are not required to be paid with the deduction of tax. Therefore, if you are an overseas investor, or you represent a company or charity please let us know if you would like your loyalty bonuses paid without the deduction of an amount equivalent to the basic rate tax.

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.

HL Guide to fund prices, savings and yields

Please also read the Key Investor Information Document (KIID)

Other Information

Unit type:	Unbundled
Manager:	Johanna Kyrklund Johanna Kyrklund
Fund launch date:	6 July 1998
Sector:	Mixed Investment 40-85% Shares
Fund size:	£1,880 million
Number of holdings:	446
Fund type:	Unit Trust
Accumulation/income:	Accumulation
Dealing frequency:	Daily
Valuation point:	12:00
Trustee:	J.P. Morgan Trustee and Depositary Company Limited
Minimum investment:	£100.00
Charges deducted from:	n/a
Available in a regular savings plan:	Yes
Minimum regular savings value:	£25.00

Ready to invest?

To invest in , you'll need to have an account. Try our handy filter to explore the different options.

Compare accounts

Ready to take your first step?

To invest in , you'll need to open an account. Try our handy filter and find out which suits you best.

Compare accounts

Performance

	17/04/19 to 17/04/20	17/04/20 to 17/04/21	17/04/21 to 17/04/22	17/04/22 to 17/04/23	17/04/23 to 17/04/24
Annual return	-7.24%	31.12%	-0.23%	-2.10%	5.88%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

HL Research

As a 'fund of funds' this is a diversified portfolio in a single, convenient investment offered at a low cost. It invests mainly in other Schroders funds, tapping into the expertise of several experienced managers. Between them they cover a broad range of assets including shares and bonds, and there's...

Fund Objective

The fund's investment objective is to give a balanced exposure to UK and overseas equities and fixed income securities through a range of underlying authorised unit trusts, recognised schemes and collective investment schemes. The proportionate percentage to be invested in each underlying scheme will be decided by the investment adviser in light of current economic and other circumstances and may include a proportion in cash. Efficient portfolio management techniques will be utilised when considered appropriate.

Income Details

Historic yield :	1.72%
Income paid:	Annually
Type of payment:	Dividend
Ex-dividend date:	24 February 2024
Payment date:	23 April 2024⁴

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 30 November 2023.

Security	Weight
Schroder ISF QEP Global Core	12.59%
Schroder ISF Global Equity Class I	12.58%
Lyxor Lyxor S&P 500 UCITS ETF MUL LY SP500 -D EUR-	8.10%
Schroder All Maturities Corporate Bond Class I	8.00%
Schroder Tokyo Class S	5.07%
Schroder ISF Global High Yield Class I	4.02%
Schroder ISF Global Disruption Class I	3.53%
Schroder ISF Global Corporate Bond Class I	3.51%
Schroder ISF Asian Equity Yield Class I	3.04%
Schroder ISF Emerging Markets Local Currency Bond Class I	2.92%

Sector	Weight
Bonds	21.83%
Managed Funds	19.48%
Software & Computer Services	6.29%
Technology Hardware & Equipment	5.67%
Banks	4.01%
Pharmaceuticals & Biotechnology	3.70%
Cash and Equiv.	2.83%
Non-Classified	2.55%
Retailers	2.41%
Non-Renewable Energy	1.67%

Country	Weight
United States	25.47%
Managed Funds	19.48%
United Kingdom	13.02%
Japan	6.06%
France	3.89%
Non-Classified	3.64%
Cash and Equiv.	2.83%
Germany	2.21%
Netherlands	2.17%
Switzerland	2.12%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 17 April 2024. Data provided by Broadridge, correct as at 31 March 2024.

You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

⁴ If you elect to receive the income from a Vantage ISA or Vantage Fund & 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.

Options

Find another fund

More Schroders funds »

More Mixed Investment 40-85% Shares funds »

Johanna Kyrklund
Manager start date	11/02/2011
Manager located in	London