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Schroder UK Dynamic Absolute Return Inclusive - Class P1 - Accumulation (GBP)

Sell:179.60p Buy:179.60p Change: No change
Prices as at 22 July 2019
Sell:179.60p
Buy:179.60p
Change: No change
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 22 July 2019
Sell:179.60p
Buy:179.60p
Change: No change
Prices as at 22 July 2019
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.

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: Yes   View risks
Ongoing charge (OCF/TER): 1.67%
Ongoing saving from HL: 0.50% i
Net ongoing charge: 1.17%
There are other unit types of this fund available:
Class P2 - Accumulation (GBP) (Net ongoing charge 0.77%)

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: Inclusive
Manager:
Multiple
Fund launch date: 7 September 2009
Launch price: £1.00
Sector: Targeted Absolute Return
Fund size: £371 million
Number of holdings: 61
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Weekly
Valuation point: 12:00
Trustee: J.P. Morgan Trustee and Depositary Company Limited
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Performance

22/07/14 to 22/07/15 22/07/15 to 22/07/16 22/07/16 to 22/07/17 22/07/17 to 22/07/18 22/07/18 to 22/07/19
Annual return 7.56% -6.13% 20.82% 3.47% -1.26%

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

This is a relatively aggressive 'absolute return' fund run by an experienced and knowledgeable UK smaller companies specialist we regard highly. It focuses primarily on medium-sized and smaller companies. While its returns are likely to be less volatile than the UK stockmarket more generally, investors need to be prepared to...

Fund Objective

The fund aims to provide capital growth. Absolute return means the fund seeks to provide a positive return over 3 year periods in all market conditions, but this cannot be guaranteed and your capital is at risk. At least 80% of the fund will be exposed, long or short, to UK companies, with a bias towards small and medium-sized firms. The fund has no bias to any particular industry. We use a bottom-up stock picking approach with the aim of generating fund returns that are independent of movements in the market as a whole. 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 short positions.

Income Details

Income paid: Annually
Type of payment: Dividend
Ex-dividend date: 1 October 2019
Payment date: 30 November 20194

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. There is currently no yield information available for this fund.

Security Weight
2% Treasury Gilt 2020 23.56%
United Kingdom Treasury Bill 7.25%
United Kingdom Treasury Bill 5.65%
United Kingdom Treasury Bill 3.56%
AB DYNAMICS 2.82%
VITEC GROUP PLC (THE) 2.67%
WINCANTON 2.53%
SECURE INCOME REIT 2.51%
IG DESIGN GROUP 2.11%
United Kingdom Treasury Bill 1.97%
Sector Weight
Bonds 44.22%
Industrial Engineering 7.45%
Cash and Equiv. 6.48%
Travel & Leisure 5.50%
Industrial Support Services 4.57%
Industrial Transportation 4.44%
Technology Hardware & Equipment 4.25%
Software & Computer Services 4.10%
Real Estate Investment Trusts 2.51%
Personal Care, Drug & Grocery Stores 2.11%
Country Weight
United Kingdom 91.56%
Cash and Equiv. 6.48%
Direct Property and REITs 2.51%
Non-Classified -0.55%

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 22 July 2019. Data provided by Funds Library, correct as at 30 June 2019.

FundsLibrary
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.