SCHRODER ABSOLUTE RETURN BOND - Fund overview
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Overview of
SCHRODER ABSOLUTE RETURN BOND
The fund's objective is to to outperform the Merrill Lynch Sterling Broad Market All Stocks by 2% to 2.5% on a 3 year rolling basis whilst at the same time aiming to achieve absolute returns. Investment is diversified globally across a variety of fixed interest securities. The maximum exposure to higher yielding securities is 40%.
Standard Initial Charge
3.25% 0.00%
Invest via Bestinvest
to save 3.25%
Fund summary
| Sector |
Absolute Return
|
| Product type |
UNIT TRUST
|
| Launched |
November, 2004
|
| Size |
£284m
|
| Yield |
2.9%
|
| Charging basis |
Capital
|
| Dividends paid |
28/2.
|
| Bid price(inc) |
42.36p |
| Bid price(acc) |
93.48p |
Fund Charges
|
Standard Initial charge
|
3.25%
|
|
Initial charge via Bestinvest
|
0.00%
|
|
Additional bid/offer spread
|
0.10%
|
|
Annual management charge
|
1.00%
|
|
Total expense ratio
|
1.18%
|
|
Reduction in yield (10yr)
|
1.19%
|