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Schroder Strategic Bond Class L - Accumulation (GBP)

Sell:62.79p Buy:62.79p Change: 0.59p (0.95%)
Prices as at 27 March 2020
Change: 0.59p (0.95%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 27 March 2020
Change: 0.59p (0.95%)
Prices as at 27 March 2020
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & 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 Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.59%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.59%
There are other unit types of this fund available:
Inclusive - Class A - Accumulation (GBP) (Net ongoing charge 0.79%)
Inclusive - Class A - Income (GBP) (Net ongoing charge 0.79%)
Class L - Income (GBP) (Net ongoing charge 0.59%)

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.

Other Information

Unit type: Unbundled
Gareth Isaac
Fund launch date: 27 March 2012
Sector: GBP Strategic Bond
Fund size: £64 million
Number of holdings: 341
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: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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27/03/15 to 27/03/16 27/03/16 to 27/03/17 27/03/17 to 27/03/18 27/03/18 to 27/03/19 27/03/19 to 27/03/20
Annual return -0.88% 7.75% 5.08% -0.10% -7.07%

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.

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Our view on this fund

The Wealth 50 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments, we believe the Wealth 50 is a good place to start. View funds on the Wealth 50 »

Fund Objective

The fund's investment objective is to provide a total return. The fund will invest in bonds issued by governments, government agencies and companies worldwide. The fund has no set target in respect of any country or sector but has the flexibility to focus on investments which offer the most attractive opportunities. The fund will invest in bonds issued either in sterling, or in another currency which may be hedged back into sterling (to reduce or remove the risk of loss through currency movements). The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently. The fund may use leverage and take indirect short positions.

Income Details

Distribution yield : 4.38%
Underlying yield : 3.86%
Income paid: Bi-annually
Type of payment: Interest
Ex-dividend date: 16 June 2020 16 December 2020
Payment date: 15 August 20204 15 February 20214

This data is provided by Funds Library. 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 2019.

Security Weight
Western Power Distribution 3.59%
Saga 2.97%
Virgin Money UK 2.54%
Telefonica Europe 2.19%
Koninklijke KPN 1.99%
Notting Hill Genesis 1.87%
Petroleos Mexicanos 1.72%
AXA 1.64%
Virgin Media Receivables Financing 1.55%
Caisse Nat de Reassurance Mut 1.45%
Sector Weight
Bonds 98.14%
Cash and Equiv. 3.13%
Non-Classified 0.42%
Alternative Trading Strategies -1.69%
Country Weight
United Kingdom 31.63%
United States 20.38%
France 8.93%
Netherlands 8.33%
Italy 6.36%
Luxembourg 3.67%
Cash and Equiv. 3.13%
Ireland 3.10%
Spain 2.77%
Mexico 1.72%

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 27 March 2020. Data provided by Funds Library, correct as at 31 January 2020.

You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & 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.