Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Schroder Income Maximiser

Ranked 73 out of 105 in - UK Equity Income over 12 months
All calculations are in GBP

Managed by

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

The Fund's investment objective is to provide income with potential for capital growth primarily through investment in equity and equity related securities of UK companies. The Fund will also use derivative instruments to generate additional income.

Performance

UK Equity Income over : 30/09/2013 - 30/09/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 -0.4% -2.2% 1.6% 0.2%
2013 25.5% 8.7% 2.4% 5.9% 6.5%
2012 26.1% 12.5% -3.4% 9.3% 6.1%
2011 -8.7% 1.2% 0.9% -13.5% 3.4%
2010 9.7% 7.3% -8.4% 12.1% -0.4%
2009 30.8% -9.7% 18.4% 22.9% -0.4%
2008 -21.5% -10.3% -3.3% -5.3% -4.5%
2007 4.7% 2.9% 3.9% -2.4% 0.4%
2006 16.0% 5.5% -0.8% 5.2% 5.3%
2005 2.3% 2.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2014

Top 10 Holdings

Stock Size
AstraZeneca PLC ORD 8.22
GlaxoSmithKline PLC ORD 6.80
BP PLC ORD 4.93
Vodafone Group PLC ORD 4.84
Friends Life Group Ltd ORD 4.64
HSBC Holdings PLC ORD 4.13
BAE Systems PLC ORD 3.87
Barclays PLC ORD 3.56
Direct Line Insurance Group PLC ORD 3.55
Royal Dutch Shell Plc B ORD 3.09
31/08/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date04/11/2005
  • Share Class size222Mn
  • Base currencyGBP
  • ISIN GB00B0HWHK75

Purchase Info

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

Charges

  • Annual management1.5%
  • Initial investment0

Related News

Tesco tumbles on probe into overstated profits

Supermarket suspends executives as it warns market first-half profits were overstated by £250 million.

RWC's Teahan: how I'm dealing with this extraordinary environment

The co-manager of the RWC Enhanced Income fund, John Teahan, tells Wealth Manager how he intends to deliver a 7% yield for investors.

Schroder Income Maximiser

FTSE revives but Centrica slides over gas rigging fears

The FTSE 100 rallied to close 19 points higher, but Centrica fell in response to allegations of gas price fixing.

FTSE wobbles as RSA Insurance falls on downgrade

RSA Insurance is the FTSE 100's biggest loser as Panmure Gordon downgrades the stock on earnings and dividend growth concerns.

Where RWC’s John Teahan is hunting for income

John Teahan, co-manager of the RWC Enhanced Income fund, is turning to the pharmaceuticals sector for stocks that could help his strategy deliver 7% yield for investors.

Shareholders revealed: Big name investors clash over BskyB

While Odey, Fidelity, BNY Mellon and Swip snap up 24,2 million extra shares, BlackRock, UBS and JP Morgan have cut back their holdings.

HFM Columbus: the funds we back in these inflationary times

HFM Columbus's Robert Pemberton lists the funds his firm is backing as upheaval in the Arab Word, the Japanese earthquake and the growing inflationary threat making an asset allocator's job a little trickier.

Schroders targets 7% yield with new property income maximiser fund

Schroders plans to add a property fund to its suite of income maximiser products.

Brown Shipley on the hunt for yield

Brown Shipley's chief investment officer on how the Brown Shipley's version of the balanced portfolio has performed over the last 12 months.

...more...

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