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Schroder Absolute Return Bond Fund Z Accumulation

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider Schroder Unit Trusts Limited
Fund Summary The Fund aims to provide an absolute return of 3 month LIBOR (or an equivalent reference rate) plus 1% (after fees have been deducted) over rolling 12-month periods by investing directly or indirectly in fixed and floating rate securities issued by governments, government agencies and companies worldwide. Absolute returns means the Fund seeks a positive return over rolling 12-month periods in all market conditions, but this cannot be guaranteed and your capital is at risk.
SEDOL code B57BFC7
ISIN GB00B57BFC79
Fund code SZARA
Managers Bob Jolly, Paul Grainger
Manager Tenure 9 years
Morningstar Category GBP Flexible Bond
IMA Sector Targeted Absolute Return
Fund Size £76 million
Fund Type OEIC
Management Style Active
Ongoing Charge Figure (OCF) 0.74%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £0.5400
Buy Price £0.5400
Price Change +0.0927%
Price Date 29th May 2020
Yield 2.27%
Dividend Frequency Semi-Annually
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 3rd December 2012
Fund Status OPEN
Bob Jolly is the Head of Global Macro Strategy at Schroders, which involves managing the Global Macro business. He joined Schroders in 2011 and is based in London. Bob was Head of Currency, UK Fixed Income and Global Sovereign at UBS Asset Management from 2007 to 2011, which involved managing the Currency, UK Fixed Income and Global Sovereign parts of the business. He was a Fund Manager at SEI Investments from 2005 to 2007, which involved developing customised solutions for institutional pension fund clients. He was Head of Fixed Income Portfolio Construction at Gartmore Investment Management from 2000 to 2005, which involved managing and developing customised solutions for fixed income clients. Qualifications: CFA Charterholder.

3-year Mean Monthly Return: -0.045%

Annual Returns 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund Performance -5.66% -1.15% +1.74% +4.81% -3.75% +1.09% +1.69% +5.29% -0.35% +5.66%
Benchmark Performance
(GBP Flexible Bond)
-1.38% +2.50% +1.63% +8.41% -0.14%
Time Period Cumulative Benchmark Performance
(GBP Flexible Bond)
Fund Compared to Benchmark
1 day 0.09% -0.52% +0.61%
1 week 0.67% +2.67% -2.00%
1 month 1.93% -1.77% +3.70%
3 months -3.42% -0.32% -3.10%
6 months -3.02% +3.81% -6.83%
1 year -1.24% +2.23% -3.47%
3 years -0.24% +3.60% -3.84%
5 years 0.22% +5.14% -4.92%
10 years 1.71% +5.20% -3.49%
YTD -3.55% +2.01% -5.56%
Since inception 2.81% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
Schroder ISF China Lcl Ccy Bd I Acc CNH LUX 3.16%
Yorkshire Building Society 1.29% GBR 2.87%
Morgan Stanley 0.3% USA 2.67%
Spain (Kingdom of) 1.95% ESP 2.56%
Nordrhein-Westfalen (Land) 0% DEU 2.54%
TSB Bank plc 0% GBR 2.44%
Lloyds Bank plc 0% GBR 2.42%
Coventry Building Society 1.23% GBR 2.40%
Skipton Building Society 0% GBR 2.16%
Royal Bank of Canada 1.29% CAN 2.09%
Dividend Date Per share amount Reinvestment Price
2nd January 2020 0.0086 £0.5602
1st July 2019 0.0037 £0.5537
2nd January 2019 0.0052 £0.5328
2nd July 2018 0.0040 £0.5431
2nd January 2018 0.0015 £0.5459
3rd July 2017 0.0046 £0.5462