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Schroder Income Maximiser L Acc (Restricted Fund)

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund ProviderSchroder Unit Trusts Limited
Fund SummaryThe Fund aims to provide income and capital growth by investing in equity and equity-related securities of UK companies. The Fund aims to deliver an income of 7% per year but this is not guaranteed and could change depending on market conditions.
SEDOL codeBDD2DZ9
ISINGB00BDD2DZ99
Fund codeSCIXA
ManagersNick Kirrage, Kevin Murphy, Mike Hodgson
Manager Tenure10 years
Morningstar CategoryUK Equity Income
IMA SectorUK Equity Income
Fund Size£783 million
Fund TypeOEIC
Management StyleActive
Ongoing Charge Figure (OCF)0.835%
Cavendish ongoing charge0.05%
FundsNetwork Service Fee0.20%
Minimum Initial Investment£25
Minimum Top Up£25
Minimum Monthly Investment£25
Sell Price£0.4994
Buy Price£0.4994
Price Change-1.5572%
Price Date25th September 2020
Yield7.32%
Dividend FrequencyQuarterly
ISA EligibleYes
SIPP EligibleYes
Inception Date23rd July 2018
Fund StatusOPEN
Nick joined Schroders in 2001, initially working as part of the Pan European research team providing insight and analysis on a broad range of sectors from Transport and Aerospace to Mining and Chemicals. In 2006, Nick and Kevin Murphy took over management of a fund that seeks to identify and exploit deeply out of favour investment opportunities. In 2010, Nick and Kevin Murphy also took over management of the team's flagship UK value fund seeking to offer income and capital growth. Qualifications: CFA Charterholder; Meng in Aeronautical Engineering from Bristol University.

3-year Mean Monthly Return: -0.421%

Annual Returns201920182017201620152014
Fund Performance-20.93%-3.10%+11.37%+20.03%-5.08%+6.23%
Benchmark Performance
(UK Equity Income)
-14.88%-2.76%+5.09%+18.47%-1.43%
Time PeriodCumulativeBenchmark Performance
(UK Equity Income)
Fund Compared to Benchmark
1 day-1.56%-23.91%+22.35%
1 week-4.59%-5.07%+0.49%
1 month-7.62%-3.75%-3.87%
3 months-6.48%+8.18%-14.66%
6 months-0.46%-17.30%+16.85%
1 year-25.67%-5.55%-20.13%
3 years-8.26%+0.24%-8.50%
5 years-0.48%+1.74%-2.22%
10 yearsCurrently unavailableCurrently unavailableCurrently unavailable
YTD-30.93%-3.99%-26.93%
Since inception-0.02%Currently unavailableCurrently unavailable

Top 10 shares for this fund

Share NameCountryValue
Anglo American PLCGBR5.24%
GlaxoSmithKline PLCGBR4.76%
Tesco PLCGBR4.73%
Morrison (Wm) Supermarkets PLCGBR4.66%
BP PLCGBR4.56%
BHP Group PLCGBR4.05%
Pearson PLCGBR3.86%
Imperial Brands PLCGBR3.71%
Royal Mail PLCGBR3.63%
South32 LtdAUS3.29%
Dividend DatePer share amountReinvestment Price
1st September 20200.0099£0.5224
1st June 20200.0111£0.5286
2nd March 20200.0105£0.6006
2nd December 20190.0060£0.6923
2nd September 20190.0186£0.6552
3rd June 20190.0179£0.6663