Schroder UK Alpha Plus A Income Units
Also available as accumulation units
At a glance
| Initial charge | 5.25% |
|---|---|
| Initial saving | 5.25% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.69% |
| Launch date | 05-07-2002 |
| Launch price | £0.50 |
| Sector | UK All Companies |
| Fund size | £1,599 million |
| Number of holdings | 37 |
| Fund type | Unit Trust |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Richard Buxton believes the market is likely to get worse before it gets better. In this environment, stock selection is even more crucial, and this fund’s performance has been aided by its exposure to the resources sector. While investors are right to be cautious, Richard Buxton believes some share prices do not reflect the companies’ long term strengths and that there are some great opportunities to be had.
Full research
About the Fund Manager
Richard Buxton
Located in: London
Head of UK Equities, based in London. Manager of Specialist UK equity portfolios and the Schroder UK Alpha Plus Fund. Joined Schroders in 2001 and Head of UK Equities since 2003. UK equity manager at Baring Asset Management from 1990 following one year at GRE Asset Management. Investment career commenced in 1985 at Brown Shipley Asset Management as a fixed income and equity investment manager. Degree in English Language and Literature, Oxford University.
Income details
| Running yield | 1.21% (net) |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 30-09-2007.
Distribution dates
| Ex-dividend date | 31 May 2008 |
|---|---|
| Payment date ³ | 31 July 2008 |
Top 10 holdings
| BG Group | 4.94% |
|---|---|
| BHP Billiton | 4.42% |
| BP | 4.11% |
| Standard Chartered | 4.00% |
| Xstrata | 3.93% |
| Charter | 3.79% |
| Invensys | 3.43% |
| Dana Petroleum Plc | 3.02% |
| Legal & General Group | 2.86% |
| Royal Bank of Scotland Group | 2.80% |
Top 10 sectors
| Mining | 10.87% |
|---|---|
| Financial Services | 10.60% |
| Banks | 9.36% |
| Oil and Gas Producers | 9.06% |
| Cash and Equiv. | 7.68% |
| Software and Computer Services | 7.33% |
| General Retailers | 5.83% |
| Travel and Leisure | 4.11% |
| Industrial Engineering | 3.79% |
| Media | 3.43% |
Top 10 countries
| United Kingdom | 92.31% |
|---|---|
| Cash and Equiv. | 7.68% |
| Non-Classified | 0.02% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or 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.
Last valuation as at 29-08-2008. Data accurate as at 30/06/2008.
