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Schroder Asian Income Maximiser Z Accumulation

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider Schroder
Fund Summary The Fund aims to provide income and capital growth by investing in equity and equity related securities of Asian companies, excluding Japan. The Fund invests at least 80% of its assets in equity and equity related securities of Asian companies, excluding Japan, which are selected for their long term income and capital growth potential. To seek to enhance the yield, the Investment Manager selectively sells short dated call options over individual securities, portfolios of securities or indices held by the Fund, by agreeing strike prices above which potential capital growth is sold. The Fund may also invest in collective investment schemes, warrants and money market instruments, and hold cash. The Fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the Fund more efficiently. The Funds investment strategy will typically underperform a similar portfolio without derivatives in periods when the underlying stock prices are rising, and outperform when the underlying stock prices are falling.
SEDOL code B581S49
ISIN GB00B581S493
Fund code SZAXA
Managers Mike Hodgson, Richard Sennitt
Manager Tenure 3 years
Morningstar Category Currently unavailable
IMA Sector Asia Pacific Excluding Japan
Fund Size £388 million
Fund Type OEIC
Management Style Active
Total Expense Ratio (TER) 0.94%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £1.058
Buy Price £1.058
Price Change -0.6573%
Price Date 17th May 2019
Yield 6.84%
Dividend Frequency Quarterly
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 1st June 2010
Fund Status OPEN
Michael Hodgson is the Head of Structuring and has been with Schroders since 2011. Prior to joining Schroders, he was at ABN AMRO Bank NV / Royal Bank of Scotland NV from 2004 to 2010 where he was Global Head of Equity Derivatives Structuring and Head of Fund Derivatives Trading and Structuring.

3-year Mean Monthly Return: 1.104%

Annual Returns 2018 2017 2016 2015 2014 2013 2012 2011
Fund Performance +5.24% +2.55% +31.31% -2.43% +13.60% -8.48% +21.76% +5.61%
Benchmark Performance
+3.60% +4.55% +30.99% -5.03% +14.96%
Time Period Cumulative Benchmark Performance
Fund Compared to Benchmark
1 day -0.66% -0.44% -0.22%
1 week -0.28% 0.00% -0.29%
1 month -3.56% -3.79% +0.24%
3 months -0.09% +0.42% -0.51%
6 months 4.86% +5.60% -0.74%
1 year 0.47% +0.89% -0.42%
3 years 44.65% +45.18% -0.52%
5 years 52.98% +53.56% -0.58%
10 years Currently unavailable +171.82% Currently unavailable
YTD 6.39% +6.80% -0.41%
Since inception 111.60% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
Taiwan Semiconductor Manufacturing Co Ltd TWN 5.67%
BHP Group PLC GBR 3.91%
Samsung Electronics Co Ltd Participating Preferred KOR 3.71%
HSBC Holdings PLC GBR 3.13%
China Mobile Ltd CHN 2.90%
Swire Pacific Ltd Class A HKG 2.51%
BOC Hong Kong Holdings Ltd CHN 2.42%
China Petroleum & Chemical Corp H Shares CHN 2.39%
National Australia Bank Ltd AUS 2.34%
Oversea-Chinese Banking Corp Ltd SGP 2.14%
Dividend Date Per share amount Reinvestment Price
1st April 2019 0.0131 £1.0770
2nd January 2019 0.0159 £0.9816
1st October 2018 0.0236 £1.0570
2nd July 2018 0.0238 £1.0300
3rd April 2018 0.0129 £1.0090
2nd January 2018 0.0175 £1.0490