Schroder UK Alpha Plus A Accumulation Units 
Also available as income units
Overview
| Initial charge | 5.25% |
|---|---|
| Initial saving | 5.25% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Performance charges | No |
| Total Expense Ratio | 1.66% |
| Launch date | 05-07-2002 |
| Launch price | £0.50 |
| Sector | UK All Companies |
| Fund size | £1,921 million |
| Number of holdings | 36 |
| Fund type | Unit Trust |
| Type of units | Accumulation |
Please read the Simplified Prospectus in addition to the information above.
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
While Richard Buxton is wary of increased volatility in the UK stock market, he remains comfortable with the portfolio's current mix of economically sensitive and more defensive holdings. There is also a preference for companies with a strong degree of overseas exposure given the uncertain outlook for the UK economy. He has been encouraged to see holdings like Rolls-Royce and Burberry report strong recent earnings.
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
| Historic yield | 1.33% |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 31-01-2010.
Distribution dates
| Ex-dividend date | 31 May 2010 |
|---|---|
| Payment date ³ | 31 July 2010 |
Top 10 holdings
| Royal Dutch Shell B | 4.40% |
|---|---|
| Barclays | 4.11% |
| Xstrata | 3.98% |
| BG Group | 3.82% |
| Lloyds Banking Group | 3.79% |
| Rio Tinto | 3.79% |
| Tesco | 3.72% |
| Misys | 3.68% |
| BHP Billiton | 3.62% |
| Invensys | 3.60% |
Top 10 sectors
| Banks | 12.57% |
|---|---|
| Software & Computer Services | 11.93% |
| Mining | 11.38% |
| Oil & Gas Producers | 10.57% |
| Non-Classified | 9.88% |
| Pharmaceuticals & Biotechnology | 5.39% |
| Travel & Leisure | 5.38% |
| Life Insurance | 4.45% |
| Gas, Water & Multiutilities | 3.09% |
| Support Services | 3.08% |
Top 10 countries
| United Kingdom | 92.63% |
|---|---|
| United States | 2.73% |
| Canada | 2.67% |
| Cash and Equiv. | 2.09% |
| Non-Classified | -0.13% |
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 12-03-2010. Data accurate as at 28/02/2010.
