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  5. Schroder Australian High Yielding Crdt - IC - Managed fund profile

Schroder Australian High Yielding Crdt - IC - Managed Fund

Fund Objective
To outperform the RBA Cash Rate by 2.0% p.a. over the medium term.
Fund Strategy
The Fund is an active strategy which invests predominately in a range of Australian higher yielding credit securities, including corporate debt and subordinated securities. It employs a disciplined approach to fundamental credit research and active portfolio management to capture the credit risk premium with an objective to outperform cash through the cycle.

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 1.07% 2.57% 5.09% 12.37% 10.4% 5.64% 4.75% 4.66%
Growth return 1.07% 2.57% 5.09% 12.37% 10.4% 5.64% 4.75% 3.23%
Income return 0% 0% 0% 0% 0% 0% 0% 1.43%
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 Australian High Yielding Crdt - IC
Cash
4.68%
Fixed Interest
95.32%
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 Australian High Yielding Crdt - IC
Schroder Investment Management Australia
SCH0050AU
Diversified Credit
starstarstarstar (as at 31 Oct 2024)
Investment Fund
18 Oct 2001
$445.08 million (as at 20 Nov 2024)
$1.5894 (as at 20 Nov 2024)
$1.583 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0% (as at 2 Sep 2024)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment $10,000,000
Minimum additional investments $1,000,000

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
APA Infrastructure Ltd. 7.125% Bond - Corporate Bond 7.98%
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FAQs about the Schroder Australian High Yielding Crdt - IC

The objective of the Schroder Australian High Yielding Crdt - IC managed fund is To outperform the RBA Cash Rate by 2.0% p.a. over the medium term.

The strategy of the Schroder Australian High Yielding Crdt - IC managed fund is The Fund is an active strategy which invests predominately in a range of Australian higher yielding credit securities, including corporate debt and subordinated securities. It employs a disciplined approach to fundamental credit research and active portfolio management to capture the credit risk premium with an objective to outperform cash through the cycle.

The APIR code of the Schroder Australian High Yielding Crdt - IC managed fund is SCH0050AU.

Schroder Australian High Yielding Crdt - IC’s total return last month was 1.07%. This was made up of a growth return of 1.07% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Schroder Australian High Yielding Crdt - IC’s total return for the last three months was 2.57%. This was made up of a growth return of 2.57% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Schroder Australian High Yielding Crdt - IC’s one-year total return is 12.37%. This was made up of a growth return of 12.37% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Schroder Australian High Yielding Crdt - IC’s one-year total return is 5.64%. This was made up of a growth return of 5.64% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Schroder Australian High Yielding Crdt - IC managed fund is :

Cash
4.68%
Fixed Interest
95.32%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Schroder Australian High Yielding Crdt - IC managed fund is Schroder Investment Management Australia.

The Schroder Australian High Yielding Crdt - IC managed fund belongs to the Diversified Credit sector/asset class.

As at 20 Nov 2024, the size of the Schroder Australian High Yielding Crdt - IC managed fund was $445.08 million.

The Schroder Australian High Yielding Crdt - IC managed fund has an inception date of 18 Oct 2001.

The current entry price of the Schroder Australian High Yielding Crdt - IC managed fund is $1.5894 per unit and the current exit price is $1.583 per unit (as at 20 Nov 2024).

The current exit price of the Schroder Australian High Yielding Crdt - IC managed fund is $1.583 per unit and the current entry price is $1.5894 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the Schroder Australian High Yielding Crdt - IC managed fund is $10,000,000. Minimum additional investment is $1000000.

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.