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Schroder Asian Income Maximiser

Ranked 83 out of 107 in - Asia Pacific Excluding Japan over 12 months
All calculations are in GBP

Managed by

Richard Sennitt

Oxford graduate Richard Sennitt has spent the entirety of his investment career with Schroder Investment Management. He joined the group as an analyst on the Japan desk in 1993, switching to become a regional fund manager on the Pacific Basin team four years later. Sennitt currently takes charge of the Schroder Far East fund for which he adopts a research based approach looking to identify mispriced opportunities. He is also a key member of the team responsible for managing institutional Pan Pacific pension funds. Born in April 1969, Sennitt counts travel and sport as his major interests outside of fund management.

Thomas See

Thomas See has over 24 years of investment experience, having joined Schroders' investment banking division in 1988 where he worked in structured investments, project financing, tax and property financing, until the investment bank was sold to Citibank in 2000. Thomas re-joined Schroder Investment Management in 2005 to build the open ended structured funds business. As Head of Structured Fund Management, he has responsibility for the Schroders Maximiser range of funds. Thomas holds a BA Hons, MA and PhD in Engineering from Cambridge University and he is currently based in London.

Objective

to provide income with potential for capital growth primarily through investment in equity and equity related securities of Asian (ex Japan) companies. In order to generate additional income, the Manager may selectively sell short dated call options over securities or portfolios of securities held by the fund, or indices, by setting individual target 'strike' prices at which those securities may be sold in the future. The Manager is also permitted to sell put options on securities or portfolios of securities which are not held by the fund, or indices, at target prices that are pre-set below the current market level.

Performance

Asia Pacific Excluding Japan over : 31/07/2013 - 31/07/2014

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 8.1% 2.2% 2.9% 2.8%
2013 -1.3% 10.0% -5.7% -1.8% -3.1%
2012 22.1% 10.1% -2.0% 7.3% 5.5%
2011 -7.2% -3.6% 2.8% -13.4% 8.2%
2010 19.9% 8.8% 10.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2014

Top 10 Holdings

Stock Size
Taiwan Semiconductor Manufacturing Co Ltd ORD 4.82
HSBC Holdings PLC ORD 3.26
China Petroleum & Chemical Corp ORD 3.09
Amcor Ltd ORD 2.86
Boc Hong Kong Holdings Ltd ORD 2.80
Asustek Computer Inc ORD 2.56
Swire Pacific Ltd ORD 2.42
Taiwan Mobile Co Ltd ORD 2.30
Transurban Group 2.15
Mirvac Group 2.13
30/06/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date01/06/2010
  • Share Class size16Mn
  • Base currencyGBP
  • ISIN GB00B3SF6658

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment50

Charges

  • Annual management1.5%
  • Initial investment0

Related News

Schroders eyes emerging market income trust launch

Schroders is considering launching an emerging market income trust for James Gotto, capitalising on growing demand for overseas equity income products.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).