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Schroder Asian Income Maximiser Z Accumulation

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider Schroder Unit Trusts Limited
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 aims to deliver an income of 7% per year but this is not guaranteed and could change depending on market conditions.
SEDOL code B581S49
ISIN GB00B581S493
Fund code SZAXA
Managers Mike Hodgson, Richard Sennitt
Manager Tenure 4 years
Morningstar Category Asia-Pacific ex-Japan Equity Income
IMA Sector Asia Pacific Excluding Japan
Fund Size £289 million
Fund Type OEIC
Management Style Active
Ongoing Charge Figure (OCF) 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 £1.0500
Buy Price £1.0500
Price Change +0.1909%
Price Date 14th July 2020
Yield 6.94%
Dividend Frequency Quarterly
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 3rd December 2012
Fund Status OPEN
Mike Hodgson is Head of Risk Managed Investments and Structuring at Schroders, which involves, in the case of RMI, the management of outcome-oriented growth strategies. Usually this involves modifying the distribution of outcomes, often through the use of derivatives. Structuring involves the design of RMI strategies, and the design and execution of OTC derivatives. He joined Schroders in 2011 and is based in London. Mike was Head of Fund Derivatives Structuring and Trading at ABN AMRO Bank NV from 2006 to 2010, which involved designing, executing and hedging products and solutions that provide an exposure to funds. He was Head of Global Equity Derivatives Structuring at ABN AMRO Bank NV from 2004 to 2006, which involved designing products and solutions that provide an exposure to equities. He was Head of Structured Products and Equity Derivatives at J Henry Schroder & Co. Limited from 1996 to 2000, which involved designing, executing and hedging products and solutions across all asset classes. He was also responsible for equity and fund derivatives trading. When JHS was acquired by Citigroup in 2000, Mike became Head of New Product Development. He was an Interest Rate Derivatives Trader at J Henry Schroder & Co Limited from 1987 to 1992, which involved making markets in and trading and hedging interest rate swaps, swaptions, caps and floors. In 1992, Mike moved to JHS's Structured Products team (which he later led) expanding into derivative instruments across all asset classes. Qualifications: PhD in Physics from Cambridge University; BSc in Physics from Imperial College, London.

3-year Mean Monthly Return: 0.195%

Annual Returns 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund Performance -7.01% +6.81% +5.37% +23.41% +10.57% +4.02% -0.20% +17.19% +0.74% +18.71%
Benchmark Performance
(Asia-Pacific ex-Japan Equity Income)
-5.54% +7.24% +3.66% +22.02% +8.45%
Time Period Cumulative Benchmark Performance
(Asia-Pacific ex-Japan Equity Income)
Fund Compared to Benchmark
1 day 0.19% -4.54% +4.73%
1 week -0.09% +6.39% -6.48%
1 month 5.74% +12.90% -7.16%
3 months 13.69% -7.61% +21.30%
6 months -6.07% -7.04% +0.97%
1 year -6.74% +1.46% -8.20%
3 years 1.60% +7.29% -5.68%
5 years 7.97% +7.30% +0.67%
10 years 7.54% +7.77% -0.23%
YTD -3.22% -0.32% -2.90%
Since inception 7.63% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
Taiwan Semiconductor Manufacturing Co Ltd TWN 7.77%
Samsung Electronics Co Ltd Participating Preferred KOR 5.69%
BHP Group PLC GBR 3.61%
BOC Hong Kong Holdings Ltd CHN 3.26%
China Mobile Ltd CHN 3.10%
Sands China Ltd MAC 3.02%
China Petroleum & Chemical Corp Class H CHN 2.56%
Singapore Telecommunications Ltd SGP 2.49%
HKT Trust and HKT Ltd HKG 2.19%
Oversea-Chinese Banking Corp Ltd SGP 2.12%
Dividend Date Per share amount Reinvestment Price
1st July 2020 0.0198 £1.0280
1st April 2020 0.0126 £0.8827
2nd January 2020 0.0147 £1.0920
1st October 2019 0.0264 £1.1030
1st July 2019 0.0239 £1.1240
1st April 2019 0.0131 £1.0770