Schroder International Selection Fund Hong Kong Dollar Bond A Distribution MF

Objectives and investment policy Objectives The fund aims to provide capital growth and income over a three to five year period by investing in fixed and floating rate securities denominated in HKD. Investment policy The fund is actively managed and invests at least two-thirds of its assets in bonds denominated in Hong Kong Dollar issued by governments, government agencies and companies worldwide and derivatives related to the above instruments.The fund may invest in mainland China through the Renminbi Qualified Foreign Institutional Investor ("RQFII") scheme or Regulated Markets (including the CIBM via Bond Connect). The fund may also invest up to one-third of its assets directly or indirectly in other securities (including other asset classes), countries, regions, industries or currencies, investment funds, warrants and money market investments, and hold cash (subject to the restrictions provided in the prospectus). The fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the fund more efficiently. The fund may take short positions. Benchmark The fund does not have a target benchmark. The fund's performance should be assessed against its objective of providing income and growth over a three to five year period by investing in fixed and floating rate securities denominated in HKD. Dealing frequency You may redeem your investment upon demand. This fund deals daily. Distribution policy This share class pays a monthly distribution at a variable rate based on gross investment income. Risk and reward profile Lower risk Higher risk Potentially lower reward Potentially higher reward 1 2 3 4 5 6 7 The risk and reward indicator The risk category was calculated using historical performance data and may not be a reliable indicator of the fund's future risk profile. The fund's risk category is not guaranteed to remain fixed and may change over time. A fund in the lowest category does not mean a risk-free investment. The fund is in this category because it seeks to provide rewards whilst limiting price volatility. Risk factors Bond Connect risk: The fund may be investing in the China Interbank Bond Market via the Bond Connect which may involve clearing and settlement, regulatory, operational and counterparty risks. Concentration risk: The fund may be concentrated in a limited number of geographical regions, industry sectors, markets and/or individual positions. This may result in large changes in the value of the fund, both up or down. Credit risk: A decline in the financial health of an issuer could cause the value of its bonds to fall or become worthless. Emerging Markets & Frontier risk: Emerging markets, and especially frontier markets, generally carry greater political, legal, counterparty, operational and liquidity risk than developed markets. High yield