Schroder UK Alpha Income Class Z Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
31/03/24 to 31/03/25 |
|
|---|---|---|---|---|---|
| Fund | 33.6% | 14.5% | -0.4% | 6.1% | 7.8% |
| Sector | 32.6% | 10.8% | 0.2% | 7.6% | 7.4% |
| Rank | 27/66 | 16/67 | 43/68 | 50/68 | 38/68 |
| Quartile | 2 | 1 | 3 | 3 | 3 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/25 |
5 Years to 31/03/25 |
10 Years to 31/03/25 |
||
| Fund | 4.4% | 11.7% | 4.4% | |
| Sector | 5.0% | 11.2% | 4.8% | |
| Rank | 45/68 | 31/66 | 38/57 | |
| Quartile | 3 | 2 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| SHELL | 7.11 |
| ASTRAZENECA | 6.83 |
| HSBC HOLDINGS | 5.89 |
| LLOYDS BANKING GROUP | 4.37 |
| 3i Group Plc 3i Group Plc Ord GBP | 4.07 |
| NATIONAL GRID | 3.89 |
| RELX | 3.83 |
| UNILEVER | 3.78 |
| STANDARD CHARTERED | 3.77 |
| INTERMEDIATE CAPITAL GROUP | 2.92 |
| Total | 46.45 |
Fund Aims
The fund aims to achieve a high level of income together with long-term capital growth by investing predominately in UK equities.
Fund Manager
Manager of Prime UK equity portfolios. UK equity fund manager since 1993. Investment career commenced in October 1989 on joining Schroders where she initially worked in the UK research department as a sector analyst. Associate Member of the Institute of Investment Management Research (IIMR). Degree in Business Administration and Biochemistry, Aston University
Fund Overview
| Mid (17/04/2025) | 295.10p |
| Historic yield | 3.94% |
| Fund size (31/03/2025) | £57.70m |
| Number of holdings | 43 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.75% |
| Launch date | 06/05/2005 |
Asset Allocation
| UK Equities | 96.36% | |
| Property | 2.31% | |
| Cash and Equivalents | 1.32% |
Commentary
Not Applicable
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 96.36% | |
| Property | 2.31% | |
| Cash and Equivalents | 1.32% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 31.63% | - | - | - | |
| Banks | - | 14.02% | - | - | |
| Banks | - | - | 14.02% | - | |
| Banks | - | - | - | 14.02% | |
| Financial Services | - | 11.83% | - | - | |
| Investment Banking & Brokerage Services | - | - | 11.83% | - | |
| Asset Managers & Custodians | - | - | - | 8.67% | |
| Investment Services | - | - | - | 3.16% | |
| Insurance | - | 5.78% | - | - | |
| Life Insurance | - | - | 5.78% | - | |
| Life Insurance | - | - | - | 5.78% | |
| Health Care | 14.02% | - | - | - | |
| Health Care | - | 14.02% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 10.63% | - | |
| Pharmaceuticals | - | - | - | 10.63% | |
| Medical Equipment & Services | - | - | 3.39% | - | |
| Medical Supplies | - | - | - | 2.27% | |
| Medical Equipment | - | - | - | 1.12% | |
| Consumer Discretionary | 12.65% | - | - | - | |
| Travel & Leisure | - | 4.54% | - | - | |
| Travel & Leisure | - | - | 4.54% | - | |
| Recreational Services | - | - | - | 1.81% | |
| Hotels & Motels | - | - | - | 1.57% | |
| Airlines | - | - | - | 1.16% | |
| Media | - | 3.29% | - | - | |
| Media | - | - | 3.29% | - | |
| Publishing | - | - | - | 2.69% | |
| Radio & TV Broadcasters | - | - | - | 0.60% | |
| Consumer Products & Services | - | 3.25% | - | - | |
| Household Goods & Home Construction | - | - | 1.77% | - | |
| Home Construction | - | - | - | 1.77% | |
| Personal Goods | - | - | 1.48% | - | |
| Clothing & Accessories | - | - | - | 1.48% | |
| Retail | - | 1.57% | - | - | |
| Retailers | - | - | 1.57% | - | |
| Specialty Retailers | - | - | - | 1.57% | |
| Consumer Staples | 8.06% | - | - | - | |
| Food, Beverage & Tobacco | - | 4.27% | - | - | |
| Beverages | - | - | 2.43% | - | |
| Distillers & Vintners | - | - | - | 1.29% | |
| Soft Drinks | - | - | - | 1.14% | |
| Food Producers | - | - | 1.84% | - | |
| Food Products | - | - | - | 1.84% | |
| Personal Care, Drug & Grocery Stores | - | 3.78% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 3.78% | - | |
| Personal Products | - | - | - | 3.78% | |
| Energy | 7.11% | - | - | - | |
| Energy | - | 7.11% | - | - | |
| Non-Renewable Energy | - | - | 7.11% | - | |
| Integrated Oil & Gas | - | - | - | 7.11% | |
| Utilities | 6.83% | - | - | - | |
| Utilities | - | 6.83% | - | - | |
| Gas, Water & Multi-utilities | - | - | 3.89% | - | |
| Multi-Utilities | - | - | - | 3.89% | |
| Electricity | - | - | 2.95% | - | |
| Conventional Electricity | - | - | - | 2.95% | |
| Technology | 4.81% | - | - | - | |
| Technology | - | 4.81% | - | - | |
| Software & Computer Services | - | - | 4.81% | - | |
| Computer Services | - | - | - | 4.81% | |
| Basic Materials | 4.79% | - | - | - | |
| Basic Resources | - | 3.68% | - | - | |
| Industrial Metals & Mining | - | - | 3.68% | - | |
| General Mining | - | - | - | 3.68% | |
| Chemicals | - | 1.11% | - | - | |
| Chemicals | - | - | 1.11% | - | |
| Chemicals: Diversified | - | - | - | 0.63% | |
| Specialty Chemicals | - | - | - | 0.48% | |
| Industrials | 4.51% | - | - | - | |
| Industrial Goods & Services | - | 2.97% | - | - | |
| Aerospace & Defence | - | - | 2.97% | - | |
| Defense | - | - | - | 2.97% | |
| Construction & Materials | - | 1.53% | - | - | |
| Construction & Materials | - | - | 1.53% | - | |
| Construction | - | - | - | 1.53% | |
| Real Estate | 2.31% | - | - | - | |
| Real Estate | - | 2.31% | - | - | |
| Real Estate Investment Trusts | - | - | 2.31% | - | |
| Health Care REITs | - | - | - | 1.16% | |
| Residential REITs | - | - | - | 1.15% | |
| Telecommunications | 1.96% | - | - | - | |
| Telecommunications | - | 1.96% | - | - | |
| Telecommunications Service Providers | - | - | 1.96% | - | |
| Telecommunications Services | - | - | - | 1.96% | |
| Cash and Equivalents | 1.32% | - | - | - | |
Regional Allocation
| UK | 96.36% | |
| Property | 2.31% | |
| Cash and Equivalents | 1.32% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 96.36% | - | |
United Kingdom
|
- | 96.36% | |
| Property | 2.31% | - | |
| Cash and Equivalents | 1.32% | - | |
Breakdown By Market Cap (%)
| Mega |
|
44.83% |
| Large |
|
24.08% |
| Medium |
|
18.64% |
| Small |
|
4.01% |
| Non-Classified |
|
7.11% |
| Cash |
|
1.32% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | SHELL | 7.11% | Non-Renewable Energy | United Kingdom |
| 2 | ASTRAZENECA | 6.83% | Pharmaceuticals & Biotechnology | United Kingdom |
| 3 | HSBC HOLDINGS | 5.89% | Banks | United Kingdom |
| 4 | LLOYDS BANKING GROUP | 4.37% | Banks | United Kingdom |
| 5 | 3i Group Plc 3i Group Plc Ord GBP | 4.07% | Investment Banking & Brokerage Services | United Kingdom |
| 6 | NATIONAL GRID | 3.89% | Gas, Water & Multi-utilities | United Kingdom |
| 7 | RELX | 3.83% | Software & Computer Services | United Kingdom |
| 8 | UNILEVER | 3.78% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 9 | STANDARD CHARTERED | 3.77% | Banks | United Kingdom |
| 10 | INTERMEDIATE CAPITAL GROUP | 2.92% | Investment Banking & Brokerage Services | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 4.81% | - | - | - | - | - | - | - | 4.81% |
| Telecommunications | 1.96% | - | - | - | - | - | - | - | 1.96% |
| Financials | 31.63% | - | - | - | - | - | - | - | 31.63% |
| Real Estate | - | - | - | - | - | 2.31% | - | - | 2.31% |
| Consumer Discretionary | 12.65% | - | - | - | - | - | - | - | 12.65% |
| Consumer Staples | 8.06% | - | - | - | - | - | - | - | 8.06% |
| Energy | 7.11% | - | - | - | - | - | - | - | 7.11% |
| Utilities | 6.83% | - | - | - | - | - | - | - | 6.83% |
| Health Care | 14.02% | - | - | - | - | - | - | - | 14.02% |
| Industrials | 4.51% | - | - | - | - | - | - | - | 4.51% |
| Basic Materials | 4.79% | - | - | - | - | - | - | - | 4.79% |
| Cash and Equivalents | - | - | - | - | - | - | - | 1.32% | 1.32% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B7F32Y0 |
| Mex Code | - |
| Isin Code | GB00B7F32Y08 |
| Citi Code | 11LS |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.75% |
Aims and Benchmark
| Aims | The fund aims to achieve a high level of income together with long-term capital growth by investing predominately in UK equities. |
| Benchmark | FTSE All Share (Gross Total Return) Index |
| Benchmark Category | - |
| IA Sector | UK Equity Income |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Biannually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 January | 28 February |
| 01 July | 31 August |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | J.P. Morgan Trustee and Depositary Company Limited |
| Fund Administrator | J.P. Morgan Trustee and Depositary Company Limited |
| Fund Registrar | J.P. Morgan Trustee and Depositary Company Limited |
| Fund Custodian | J.P. Morgan Trustee and Depositary Company Limited |
Group Details
| Group name | Schroder Unit Trusts Limited |
| Group address | 1 London Wall Place, London, EC2Y 5AU United Kingdom |
| Group telephone | 0800 718 777 |
| Dealing telephone | 0800 718 788 |
| investorservices@schroders.com | |
| Homepage | www.schroders.co.uk |
| Fax number | 0870 043 4080 |
Dealing
| Minimum Investment | £1000000 |
| Minimum Top Up | £500000 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 4 days |
| Settlement Period: Sell | 4 days |
| Pricing Basis | Forward |
| Dealing Decimals | 2 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -0.11 |
| Beta | 0.97 |
| Sharpe | 0.08 |
| Standard Deviation | 11.33 |
| Info Ratio | -0.10 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | No |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | Yes |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Charges to Capital
Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Umbrella Liabilities
If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
'Prudential' is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.