The fund's investment objective is to provide a growing income, predominantly from investment in UK equities. In seeking a yield higher than that offered by the major UK equity indices, the fund will invest primarily in above-average yielding equities rather than fixed interest securities. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Fund Manager
Nick Kirragemanager
for
13 years
and 11 months
Specialist Value UK equity fund manager with 9 years investment experience. Previously a sector analyst responsible for a number of UK sectors including Transport and Metals & Mining. Investment career commenced in 2001 at Schroders. Chartered Financial Analyst. Degree in Aeronautical Engineering, Bristol University
Kevin Murphymanager
for
13 years
and 11 months
Specialist Value UK equity fund manager with 10 years investment experience. Previously a sector analyst for Pan European Construction and Building Materials. Investment career commenced in 2000 in Schroders’ UK equity fund management team. Degree in Economics, Manchester University and CFA Charterholder.
Fund Overview
Mid (29/04/2024)
78.76p
Historic yield
5.23%
Fund size (31/03/2024)
£1094.28m
Number of holdings
44
Entry Charge
0.00%
Ongoing Charges
0.89%
Launch date
31/05/1987
Asset Allocation
UK Equities
79.29%
International Equities
10.91%
Property
5.59%
Cash and Equivalents
2.32%
International Bonds
1.89%
Commentary
Not Applicable
Portfolio data accurate as at: 31/03/24
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Portfolio data accurate as at:
Asset Allocation
UK Equities
79.29%
International Equities
10.91%
Property
5.59%
Cash and Equivalents
2.32%
International Bonds
1.89%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Financials
29.29%
-
-
-
Banks
-
15.06%
-
-
Banks
-
-
15.06%
-
Banks
-
-
-
15.06%
Insurance
-
7.85%
-
-
Life Insurance
-
-
5.82%
-
Life Insurance
-
-
-
5.82%
Non-life Insurance
-
-
2.04%
-
Property & Casualty Insurance
-
-
-
2.04%
Financial Services
-
6.37%
-
-
Investment Banking & Brokerage Services
-
-
6.12%
-
Asset Managers & Custodians
-
-
-
4.20%
Investment Services
-
-
-
1.92%
Finance & Credit Services
-
-
0.26%
-
Consumer Lending
-
-
-
0.26%
Consumer Discretionary
14.30%
-
-
-
Media
-
5.71%
-
-
Media
-
-
5.71%
-
Radio & TV Broadcasters
-
-
-
2.54%
Media Agencies
-
-
-
2.18%
Publishing
-
-
-
0.99%
Consumer Products & Services
-
3.30%
-
-
Household Goods & Home Construction
-
-
3.30%
-
Home Construction
-
-
-
3.30%
Retail
-
3.26%
-
-
Retailers
-
-
3.26%
-
Home Improvement Retailers
-
-
-
2.24%
Specialty Retailers
-
-
-
1.02%
Automobiles & Parts
-
2.03%
-
-
Automobiles & Parts
-
-
2.03%
-
Auto Parts
-
-
-
2.03%
Consumer Staples
13.93%
-
-
-
Personal Care, Drug & Grocery Stores
-
8.41%
-
-
Personal Care, Drug & Grocery Stores
-
-
8.41%
-
Food Retailers & Wholesalers
-
-
-
8.41%
Food, Beverage & Tobacco
-
5.52%
-
-
Tobacco
-
-
5.52%
-
Tobacco
-
-
-
5.52%
Energy
8.64%
-
-
-
Energy
-
8.64%
-
-
Non-Renewable Energy
-
-
8.64%
-
Integrated Oil & Gas
-
-
-
8.64%
Health Care
7.84%
-
-
-
Health Care
-
7.84%
-
-
Pharmaceuticals & Biotechnology
-
-
7.84%
-
Pharmaceuticals
-
-
-
7.84%
Industrials
5.88%
-
-
-
Industrial Goods & Services
-
5.88%
-
-
Industrial Transportation
-
-
2.23%
-
Delivery Services
-
-
-
2.23%
Industrial Support Services
-
-
2.02%
-
Industrial Suppliers
-
-
-
2.02%
General Industrials
-
-
1.63%
-
Containers & Packaging
-
-
-
1.63%
Real Estate
5.59%
-
-
-
Real Estate
-
5.59%
-
-
Real Estate Investment Trusts
-
-
5.59%
-
Diversified REITs
-
-
-
5.59%
Basic Materials
5.50%
-
-
-
Basic Resources
-
4.39%
-
-
Industrial Metals & Mining
-
-
4.39%
-
General Mining
-
-
-
4.39%
Chemicals
-
1.11%
-
-
Chemicals
-
-
1.11%
-
Chemicals: Diversified
-
-
-
1.11%
Telecommunications
3.85%
-
-
-
Telecommunications
-
3.85%
-
-
Telecommunications Service Providers
-
-
3.85%
-
Telecommunications Services
-
-
-
3.85%
Cash and Equivalents
2.32%
-
-
-
Bonds
1.89%
-
-
-
Technology
0.98%
-
-
-
Technology
-
0.98%
-
-
Technology Hardware & Equipment
-
-
0.98%
-
Semiconductors
-
-
-
0.98%
Regional Allocation
UK
79.29%
Developed Europe - Excl UK
8.70%
Property
5.59%
North America
4.10%
Cash and Equivalents
2.32%
Fixed Interest Currencies
Non-Fixed Interest Assets
95.79%
Cash
2.32%
Euro
1.89%
Regional Breakdown
Expand allCollapse all
Region
Country
UK
79.29%
-
United Kingdom
-
79.29%
Developed Europe - Excl UK
8.70%
-
France
-
3.91%
Italy
-
2.75%
Germany
-
2.03%
Property
5.59%
-
North America
4.10%
-
United States
-
4.10%
Cash and Equivalents
2.32%
-
Breakdown By Market Cap (%)
Mega
32.13%
Large
29.55%
Medium
22.96%
Small
1.28%
Non-Classified
9.88%
Bonds
1.89%
Cash
2.32%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
HSBC HOLDINGS
3.51%
Banks
United Kingdom
2
AVIVA
3.29%
Life Insurance
United Kingdom
3
BARCLAYS
3.28%
Banks
United Kingdom
4
ROYAL BANK OF SCOTLAND GROUP
3.24%
Banks
United Kingdom
5
BRITISH AMERICAN TOBACCO
3.20%
Tobacco
United Kingdom
6
SHELL
3.10%
Non-Renewable Energy
United Kingdom
7
BRITISH LAND CO
3.06%
Real Estate Investment Trusts
Direct Property and REITs
8
TESCO
2.81%
Personal Care, Drug & Grocery Stores
United Kingdom
9
MARKS & SPENCER GROUP P.L.C.
2.81%
Personal Care, Drug & Grocery Stores
United Kingdom
10
BP
2.79%
Non-Renewable Energy
United Kingdom
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Technology
-
0.98%
-
-
-
-
-
-
0.98%
Telecommunications
3.85%
-
-
1.89%
-
-
-
-
5.74%
Financials
29.29%
-
-
-
-
-
-
-
29.29%
Real Estate
-
-
-
-
-
5.59%
-
-
5.59%
Consumer Discretionary
12.26%
2.03%
-
-
-
-
-
-
14.30%
Consumer Staples
13.93%
-
-
-
-
-
-
-
13.93%
Energy
5.89%
2.75%
-
-
-
-
-
-
8.64%
Health Care
2.70%
5.15%
-
-
-
-
-
-
7.84%
Industrials
5.88%
-
-
-
-
-
-
-
5.88%
Basic Materials
5.50%
-
-
-
-
-
-
-
5.50%
Cash and Equivalents
-
-
-
-
-
-
-
2.32%
2.32%
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
Sedol Code
B5WJCB4
Mex Code
GB00B5
Isin Code
GB00B5WJCB41
Citi Code
NND0
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.89%
Aims and Benchmark
Aims
The fund's investment objective is to provide a growing income, predominantly from investment in UK equities. In seeking a yield higher than that offered by the major UK equity indices, the fund will invest primarily in above-average yielding equities rather than fixed interest securities. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Benchmark
FTSE All Share (Gross Total Return) Index
Benchmark Category
-
IA Sector
UK All Companies
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
Unit Trust
Launch price
£0.50
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Biannually
Distribution Type
Dividend
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
26 February
25 April
26 August
25 October
Ratings
FE Crown
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
J.P. Morgan Trustee and Depositary Company Limited
Fund Administrator
IFDS
Fund Registrar
IFDS
Fund Custodian
J.P. Morgan Trustee and Depositary Company Limited
Group Details
Group name
Schroder Unit Trusts Limited
Group address
1 London Wall Place,
London,
EC2Y 5AU
United Kingdom
Group telephone
0800 718 777
Dealing telephone
0800 718 788
Email
investorservices@schroders.com
Homepage
www.schroders.co.uk
Fax number
0870 043 4080
Dealing
Minimum Investment
£3000000
Minimum Top Up
£100000
Minimum Regular Saving
-
Settlement Period: Buy
4 days
Settlement Period: Sell
4 days
Pricing Basis
Forward
Dealing Decimals
2
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.