Overview
| ISIN | GB00B11V7W98 |
|---|---|
| Share Class | Income |
| Ongoing Charge | 0.93% |
| Annual Management Charge | 0.53% |
Type: Investment Trust Investment Objective The Trust’s objective is to be a core investment for investors that delivers a real return over the long term though a combination of capital growth and a rising dividend. The Trust invests primarily in global equities across a wide range of different sectors and industries to achieve its objective. Investment Policy Through its investment manager, the Trust appoints a number of stock pickers with different styles and approaches each of which will select and invest in stocks for the Trust’s single investment portfolio; it will achieve an appropriate spread of risk by holding a diversified portfolio in which no single investment may exceed 10% of the Trust’s total assets at the time of investment. Where market conditions permit, the Trust will use gearing of not more than 30% of its net assets at any given time. The Trust can use derivative instruments to hedge, enhance and protect positions, including currency exposures. While the primary focus of the Trust is investment in global equities, the Trust may also invest from time to time in fixed interest securities, convertible securities and other assets. Intended Retail Investor This product is intended for retail investors whose investment objective is aligned with earning a real return over the medium to long term by a combination of capital growth and a rising dividend; a risk tolerance of at least “Medium” as calculated for this product and explained in the section “What are the risks and what could I get in return?”; a recommended holding period of at least 5 years and the ability to bear a potential 100% capital loss.
| Midprice | 12.74p |
|---|---|
| Change on Day | 16.05p |
| Change on Day % | 0.63% |
| 52 week high | 13.23p |
| 52 week low | 11.08p |
| Fund currency | GBX |
| Date updated | 25 November 2024 |
| Fund Type | Closed Ended Investment Company |
|---|---|
| Unit Type | Income |
| Standard initial Charge | - |
| Annual Management Charge | 0.53% |
| Dividend Frequency | - |
| Latest Distribution Info |
0.0662p 29 August 2024 |
| Fund Manager Company |
|---|
| Name | Mark Davis |
|---|---|
| Since | 31 December 2017 |
| Bio |
| Name | Stuart Gray |
|---|---|
| Since | 31 December 2017 |
| Bio | Stuart Gray joined Schroders in July 2011 as Fund Manager, Fixed Income and Head of Credit Research. He leads the Australian credit research team in addition to having responsibility for security selection and portfolio construction for Australian investment grade debt securities across our portfolios. He joined Schroders from Aberdeen Asset Management where he held the position of Senior Portfolio Manager in the Australian Fixed Income team with responsibility for credit stock selection, relative value and portfolio management across relevant funds. He also managed the credit research team. Stuart commenced his funds management career in 2000 with Deutsche Asset Management, who were acquired by Aberdeen Asset Management in 2007. Prior to this Stuart worked at Westpac as Senior Credit Analyst (Westpac Research) between August 1997- September 2000. He holds a Bachelor of Business with a major in Finance and Economics from the University of Technology Sydney and a Graduate Diploma in Applied Finance and Investment from the Securities Institute of Australia. |
| Name | Craig Baker |
|---|---|
| Since | 01 April 2017 |
| Bio |