• Search Funds
  • Model Portfolios
  • Provider
  • Sector
  • Manager

Search by provider name

Search by sector name

Search by manager name

Search by Risk Level

Schroder Income Maximiser Inc Z

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider Schroders
Fund Summary The fund's investment objective is to provide income with potential for capital growth primarily through investment in equity and equity related securities of UK companies. The fund will also use derivative instruments to generate additional income. The manager may selectively sell short dated call options over securities or portfolios of securities held by the fund or indices, in order to generate additional income by setting target 'strike' prices at which those securities may be sold in the future. The manager is also permitted to sell put options on securities or portfolios of securities which are not held by the fund, or indices, at target prices that are pre-set below the current market level. The manager may also, for the purpose of efficient management, use derivative instruments which replicate the performance of a basket of short dated call options or a combination of equity securities and short dated call options. Investment will be in directly held transferable securities.
SEDOL code B53FRD8
ISIN GB00B53FRD82
Fund code SCMIZ
Managers Team Managed
Manager Tenure Currently unavailable
Morningstar Category UK Equity Income
IMA Sector UK Equity Income
Fund Size £1,216 million
Fund Type OEIC
Management Style Active
Total Expense Ratio (TER) 0.91%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £0.5003
Buy Price £0.5003
Price Change +0.3812%
Price Date 16th July 2019
Yield 7.13%
Dividend Frequency Quarterly
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 11th May 2011
Fund Status OPEN

3-year Mean Monthly Return: 0.746%

Annual Returns 2018 2017 2016 2015 2014 2013 2012 2011
Fund Performance -3.16% +11.31% +19.97% -5.12% +6.18% +11.88% +28.92% -3.01%
Benchmark Performance
(UK Equity Income)
-11.91% +13.67% +8.05% +7.52% +6.82%
Time Period Cumulative Benchmark Performance
(UK Equity Income)
Fund Compared to Benchmark
1 day 0.38% -0.48% +0.86%
1 week 0.50% +1.01% -0.50%
1 month 3.33% +0.58% +2.74%
3 months -1.94% +2.07% -4.01%
6 months 2.79% +7.60% -4.81%
1 year -1.12% -4.14% +3.02%
3 years 26.45% +20.74% +5.71%
5 years 32.34% +26.05% +6.29%
10 years Currently unavailable +156.89% Currently unavailable
YTD 5.98% +9.87% -3.89%
Since inception 79.36% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
BP PLC GBR 5.42%
GlaxoSmithKline PLC GBR 5.30%
HSBC Holdings PLC GBR 4.81%
Pearson PLC GBR 4.71%
Centrica PLC GBR 4.62%
Anglo American PLC GBR 4.44%
South32 Ltd AUS 4.15%
Morrison (Wm) Supermarkets PLC GBR 4.07%
The Royal Bank of Scotland Group PLC GBR 3.80%
Aviva PLC GBR 3.55%
Dividend Date Per share amount Reinvestment Price
3rd June 2019 0.0131 £0.4759
1st March 2019 0.0080 £0.5164
3rd December 2018 0.0070 £0.5200
3rd September 2018 0.0109 £0.5354
1st June 2018 0.0133 £0.5566
1st March 2018 0.0086 £0.5322