A portfolio of global REITs and listed property securities seeking to maximise total returns.
Prices as at 18 Aug 2022.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
Sector | Property Other |
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Structure | UNIT TRUST |
Launched | April 2007 |
Size | £1,556m |
Yield | 0.9% |
Charging Basis | Income |
Dividends paid | 20 Nov |
Standard Initial Charge | 0% |
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Initial Charge Via BestInvest | 0% |
Additional Bid/Offer Spread | 0% |
Annual Management Charge | 0.75% |
Ongoing Charges Figure | 0.9% |
Since July 2014 the incoming managers have brought in a new-to-Schroders investment process called "GRID", which they used at AMP. This is a stock model database which records individual company "scores" (estimates of future risk and return) as input by Schroders' regionally based property analysts. The model covers 370 stocks (the constituents of their benchmark index with some off benchmark names). The 2 stage scoring process covers individual company risk (including managerial experience and balance sheet strength) and its valuation on the local stock market (where metrics include: net asset value, discounted cash flow, price/book and dividend yield), from which they calculate a target price. Each stock's total score is a summation across all the factors in the GRID. A target weight of each stock within the portfolio is built around +/- 4% from its weight in the benchmark index, which is flexed by relation to its overall score. Finally they rank stocks by upside to their target price within each peer group and only pick those in the top decile of each group.
Past performance is not a guide to future performance. View full risk warning