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  5. Schroder Absolute Return Income Fund - PC - Managed fund profile

Schroder Absolute Return Income Fund - PC - Managed Fund

Fund Objective
To outperform the RBA Cash Rate after fees over the medium term.
Fund Strategy
The Fund is an absolute return focused strategy that invests in a range of Australian and international fixed income securities that aims to deliver regular income to investors. With a focus on managing downside risks it aims to outperform cash and term deposits over the medium term, but with less volatility than equity markets, and the objective of and aims to avoiding negative returns over any rolling 12-month period.

Fund Performance Comparison

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Fees Comparison

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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.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.11% 1.43% 3.51% 7.88% 6.16% 3.28% 2.73% 3.1%
Growth return -0.3% 0.17% 0.99% 2.77% 1.34% -0.76% -0.94% -0.94%
Income return 0.41% 1.26% 2.52% 5.11% 4.82% 4.04% 3.67% 4.04%
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 Fund - PC
Cash
17.91%
Fixed Interest
82.09%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.54%
Fixed Interest
90.06%
Australian Equities
0.68%
International Equities
0.56%
Property
0%
Alternatives
2.16%

General Information

Fund Details
Type Description
Schroder Absolute Return Income Fund - PC (Wholesale)
Schroder Investment Management Australia
SCH0024AU
Diversified Credit
starstarstar (as at 31 Oct 2024)
Investment Fund
24 Jun 2002
$103.39 million (as at 20 Nov 2024)
$0.9552 (as at 20 Nov 2024)
$0.9524 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0.39% (as at 2 Sep 2024)
Indirect Cost Ratio (ICR) 0.39% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $50,000
Minimum redemption amount $50,000

FAQs about the Schroder Absolute Return Income Fund - PC

The objective of the Schroder Absolute Return Income Fund - PC managed fund is To outperform the RBA Cash Rate after fees over the medium term.

The strategy of the Schroder Absolute Return Income Fund - PC managed fund is The Fund is an absolute return focused strategy that invests in a range of Australian and international fixed income securities that aims to deliver regular income to investors. With a focus on managing downside risks it aims to outperform cash and term deposits over the medium term, but with less volatility than equity markets, and the objective of and aims to avoiding negative returns over any rolling 12-month period.

The APIR code of the Schroder Absolute Return Income Fund - PC managed fund is SCH0024AU.

Schroder Absolute Return Income Fund - PC’s total return last month was 0.11%. This was made up of a growth return of -0.3% and an income return of 0.41%. These returns were calculated as at 31 Oct 2024.

Schroder Absolute Return Income Fund - PC’s total return for the last three months was 1.43%. This was made up of a growth return of 0.17% and an income return of 1.26%%. These returns were calculated as at 31 Oct 2024.

Schroder Absolute Return Income Fund - PC’s one-year total return is 7.88%. This was made up of a growth return of 2.77% and an income return of 5.11%. These returns were calculated as at 31 Oct 2024.

Schroder Absolute Return Income Fund - PC’s one-year total return is 3.28%. This was made up of a growth return of -0.76% and an income return of 4.04%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Schroder Absolute Return Income Fund - PC managed fund is :

Cash
17.91%
Fixed Interest
82.09%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

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

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

As at 20 Nov 2024, the size of the Schroder Absolute Return Income Fund - PC managed fund was $103.39 million.

The Schroder Absolute Return Income Fund - PC managed fund has an inception date of 24 Jun 2002.

The current entry price of the Schroder Absolute Return Income Fund - PC managed fund is $0.9552 per unit and the current exit price is $0.9524 per unit (as at 20 Nov 2024).

The current exit price of the Schroder Absolute Return Income Fund - PC managed fund is $0.9524 per unit and the current entry price is $0.9552 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the Schroder Absolute Return Income Fund - PC managed fund is $500,000. Minimum additional investment is $50000.

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.