Schroder Absolute Return Income ETF - Managed Fund

Fund Objective

To outperform the RBA Cash Rate after fees over the medium term while aiming to avoid negative returns over any rolling 12-month period.

Fund Strategy

The Fund is a managed fund which is a registered managed investment scheme and its units will trade on Chi-X. An application has been made to Chi-X for units in the Fund to be quoted for trading on the Chi-X market. This means investors have the opportunity to buy or sell a diversified portfolio of assets in a single transaction. Exchange traded products, including managed funds, have a number of benefits, including diversification, transparency and liquidity.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.09%	1.39%	3.39%	7.65%	5.95%	3.07%	-%	-%
Growth return	-0.33%	0.13%	0.9%	2.59%	1.24%	-1.01%	-%	-%
Income return	0.42%	1.26%	2.49%	5.06%	4.71%	4.08%	-%	-%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return	-1.51%	0.53%	4.02%	8.37%	4.14%	-1.89%	-0.61%	2.01%

As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Schroder Absolute Return Income ETF

Cash: 17.93%

Fixed Interest: 82.07%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 6.46%

Fixed Interest: 90.13%

Australian Equities: 0.70%

International Equities: 0.56%

Property: 0%

Alternatives: 2.15%

General Information

Fund Details

Type	Description
Fund Name	Schroder Absolute Return Income ETF
Responsible Entity	Schroder Investment Management Australia
APIR Code
Sector/Asset Class	Diversified Credit
Morningstar Rating	(as at 30 Sep 2024)
Legal Structure	Investment Fund
Fund Inception	19 Nov 2019
Fund Size	$58.36 million (as at 4 Nov 2024)
Entry Price	$9.2944 (as at 5 Sep 2023)
Exit Price	$9.2666 (as at 5 Sep 2023)
Fund Status	Open

Offer information

Type	Description
MER	0.55% (as at 2 Sep 2024)
Indirect Cost Ratio (ICR)	0.55% (as at 30 Jun 2024)
Performance fee (not included in ICR)	0
Minimum initial investment	$20,000

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024)	Type	% of Portfolio
Schroder Absolute Return Income Fund -IC	Mutual Fund - Open End	99.49%
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FAQs about the Schroder Absolute Return Income ETF

What is the objective of the Schroder Absolute Return Income ETF managed fund?

The objective of the Schroder Absolute Return Income ETF managed fund is To outperform the RBA Cash Rate after fees over the medium term while aiming to avoid negative returns over any rolling 12-month period.

What is the strategy for the Schroder Absolute Return Income ETF managed fund?

The strategy of the Schroder Absolute Return Income ETF managed fund is The Fund is a managed fund which is a registered managed investment scheme and its units will trade on Chi-X. An application has been made to Chi-X for units in the Fund to be quoted for trading on the Chi-X market. This means investors have the opportunity to buy or sell a diversified portfolio of assets in a single transaction. Exchange traded products, including managed funds, have a number of benefits, including diversification, transparency and liquidity.

What is the APIR code of the Schroder Absolute Return Income ETF managed fund?

The APIR code of the Schroder Absolute Return Income ETF managed fund is .

What was Schroder Absolute Return Income ETF’s total return last month?

Schroder Absolute Return Income ETF’s total return last month was 0.09%. This was made up of a growth return of -0.33% and an income return of 0.42%. These returns were calculated as at 31 Oct 2024.

What was Schroder Absolute Return Income ETF’s total return for the last three months?

Schroder Absolute Return Income ETF’s total return for the last three months was 1.39%. This was made up of a growth return of 0.13% and an income return of 1.26%%. These returns were calculated as at 31 Oct 2024.

What is Schroder Absolute Return Income ETF’s one-year total return?

Schroder Absolute Return Income ETF’s one-year total return is 7.65%. This was made up of a growth return of 2.59% and an income return of 5.06%. These returns were calculated as at 31 Oct 2024.

What is Schroder Absolute Return Income ETF’s three-year total return?

Schroder Absolute Return Income ETF’s one-year total return is 3.07%. This was made up of a growth return of -1.01% and an income return of 4.08%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the Schroder Absolute Return Income ETF managed fund?

The asset allocation of the Schroder Absolute Return Income ETF managed fund is :

Cash: 17.93%

Fixed Interest: 82.07%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

Who is the responsible Entity of the Schroder Absolute Return Income ETF managed fund?

The Responsible Entity for the Schroder Absolute Return Income ETF managed fund is Schroder Investment Management Australia.

What sector/asset class does the Schroder Absolute Return Income ETF managed fund belong to?

The Schroder Absolute Return Income ETF managed fund belongs to the Diversified Credit sector/asset class.

What is the size of the Schroder Absolute Return Income ETF managed fund?

As at 4 Nov 2024, the size of the Schroder Absolute Return Income ETF managed fund was $58.36 million.

What is the inception date of the Schroder Absolute Return Income ETF managed fund?

The Schroder Absolute Return Income ETF managed fund has an inception date of 19 Nov 2019.

What is the current entry price of the Schroder Absolute Return Income ETF managed fund?

The current entry price of the Schroder Absolute Return Income ETF managed fund is $9.2944 per unit and the current exit price is $9.2666 per unit (as at 5 Sep 2023).

What is the current exit price of the Schroder Absolute Return Income ETF managed fund?

The current exit price of the Schroder Absolute Return Income ETF managed fund is $9.2666 per unit and the current entry price is $9.2944 per unit (as at 5 Sep 2023).

What is the minimum investment amount for the Schroder Absolute Return Income ETF managed fund?

The minimum initial investment amount for the Schroder Absolute Return Income ETF managed fund is $20,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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