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Schroder Absolute Return Bond Fund Z Income

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund ProviderSchroder Unit Trusts Limited
Fund SummaryThe 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 codeB5W01T8
ISINGB00B5W01T86
Fund codeSCBIZ
ManagersJames Ringer, Robbie Boukhoufane, Bob Jolly, Paul Grainger
Manager TenureCurrently unavailable
Morningstar CategoryGBP Flexible Bond
IMA SectorTargeted Absolute Return
Fund Size£70 million
Fund TypeOEIC
Management StyleActive
Ongoing Charge Figure (OCF)0.74%
Cavendish ongoing charge0.05%
FundsNetwork Service Fee0.20%
Minimum Initial Investment£25
Minimum Top Up£25
Minimum Monthly Investment£25
Sell Price£0.4704
Buy Price£0.4704
Price Change-0.1061%
Price Date25th September 2020
Yield1.74%
Dividend FrequencySemi-Annually
ISA EligibleYes
SIPP EligibleYes
Inception Date28th November 2012
Fund StatusOPEN
James Ringer is a Portfolio Manager at Schroders, which involves managing the Global Multi-Sector strategy within Fixed Income. He joined Schroders in 2013 and is based in London. He holds a BA in Business Economics from The University of Exeter.

3-year Mean Monthly Return: 0.024%

Annual Returns201920182017201620152014201320122011
Fund Performance-1.76%+1.98%-0.52%+4.78%-2.51%-0.12%+1.96%+7.09%+2.91%
Benchmark Performance
(GBP Flexible Bond)
+2.90%+5.10%+0.62%+6.11%+5.37%
Time PeriodCumulativeBenchmark Performance
(GBP Flexible Bond)
Fund Compared to Benchmark
1 day-0.11%+2.03%-2.13%
1 week0.04%-0.09%+0.14%
1 month0.17%+1.42%-1.25%
3 months1.36%+10.37%-9.02%
6 months10.91%+2.28%+8.63%
1 year-0.71%+2.87%-3.58%
3 years0.37%+4.20%-3.83%
5 years1.14%+4.53%-3.39%
10 yearsCurrently unavailableCurrently unavailableCurrently unavailable
YTD-1.48%-0.58%-0.90%
Since inception1.10%Currently unavailableCurrently unavailable

Top 10 shares for this fund

Share NameCountryValue
Schroder ISF China Lcl Ccy Bd I Acc CNHLUX3.71%
Yorkshire Building Society 1.29%GBR3.22%
Morgan Stanley 0.44%USA3.14%
Spain (Kingdom of) 1.25%ESP2.75%
TSB Bank plc 0%GBR2.74%
Lloyds Bank plc 0%GBR2.71%
Coventry Building Society 1.23%GBR2.69%
Skipton Building Society 0%GBR2.43%
Royal Bank of Canada 1.29%CAN2.33%
Leeds Building Society 0.6%GBR2.30%
Dividend DatePer share amountReinvestment Price
1st July 20200.0051£0.4630
2nd January 20200.0075£0.4829
1st July 20190.0033£0.4847
2nd January 20190.0047£0.4696
2nd July 20180.0036£0.4834
2nd January 20180.0013£0.4892