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Schroder Managed Balanced Class I - Accumulation (GBP)

Sell:1,383.00p Buy:1,383.00p Change: No change
Prices as at 20 May 2024
Change: No change
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 20 May 2024
Change: No change
Prices as at 20 May 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.

Our view on this Fund

This fund is on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. However, this is not a recommendation to buy.

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 lots of diversification on offer.

Managers Johanna Kyrklund and Remi Olu-Pitan choose how much of each fund to invest in, depending on their view of the world. We think they've done a good job investing this way. In our view they're supported by one of the best-resourced teams in the UK.

Our view on the sector

The Mixed and Flexible Investment sectors could be the answer for investors who want to leave the asset allocation decisions to an expert. Funds in these sectors invest a certain amount of their portfolio in shares, from 0% to 35% in the case of the Mixed Investment 0-35% Shares Sector, 20% to 60% for the Mixed Investment 20-60% Shares Sector, 40% to 85% for the Mixed Investment 40-85% Shares Sector, and 0% to 100% for the Flexible Investment Sector. Any proportion of the fund not invested in shares can be invested in bonds, cash, currencies, commodities or property. Funds within these sectors can be very different from each other so they'll perform differently too. Each should be looked at on its own merits, taking account of your investment objectives and the amount of risk you want to take.

Performance Analysis

The fund's done a good job of performing better than the sector since it launched in 2007. The manager doesn't want the fund's performance to stray too far either way from the benchmark. It's not always been so steady though. It raced ahead of the benchmark in 2009, and had a tough period in 2015. Since then performance has improved though past performance isn't an indication of future performance.

Investment Philosophy

The fund aims to provide a highly diversified portfolio of shares and bonds. The manager believes this can be achieved by combining economic insights with the expertise of experienced fund managers.

Process and Portfolio Construction

Johanna Kyrklund heads Schroder's highly experienced asset allocation team. They meet regularly to decide on how much to invest in different areas and assets. These decisions are based on their global economic views. Once they've recommended where and how much to invest, Kyrklund and Olu-Pitan then select several different funds that reflect those views.

Most of those funds are run by Schroders, but the managers can also invest in other funds if they feel they're better suited. Collectively those funds invest in hundreds of different companies and bonds. This means the portfolio offers investors a high level of diversification.

question mark Manager Track Record Based on HL Quantitative Research

  • Schroder Managed Balanced H Acc
  • IA Mixed Investment 40-85% Shares

Source: Refinitiv Lipper

Fund Track Record

20/05/19 to 20/05/20 20/05/20 to 20/05/21 20/05/21 to 20/05/22 20/05/22 to 20/05/23 20/05/23 to 20/05/24
Annual return -2.02% 24.53% -1.58% -0.72% 11.53%

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.

Fund Management Group Comment

Schroders is a member of the FTSE 100 Index and it focuses almost entirely on asset management for institutional, retail and private clients. Schroder funds incorporate all asset classes, including equities, fixed income and alternative investments. Schroder's fund managers draw on the detailed stock analysis from the group's analysts worldwide. The company has developed under stable ownership for over 200 years and long-term thinking governs its approach to investing, building client relationships and growing their business. In 2013 Schroders merged with Cazenove Capital Management to create one of the UK's largest private banking and wealth management houses.

Information about the fund

Fund manager biography

manager photo
Manager Name: Johanna Kyrklund
Manager start date: 11 February 2011
Manager 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.

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. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account