Schroder Schroder Asian Income Fund Z Accumulation Class Z Inc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 30/11/19 to 30/11/20 |
30/11/20 to 30/11/21 |
30/11/21 to 30/11/22 |
30/11/22 to 30/11/23 |
30/11/23 to 30/11/24 |
|
|---|---|---|---|---|---|
| Fund | 9.7% | 7.7% | 4.7% | -1.9% | 16.1% |
| Sector | 17.9% | 5.8% | -6.1% | -5.0% | 13.9% |
| Rank | 79/105 | 36/106 | 16/111 | 39/116 | 39/117 |
| Quartile | 3 | 2 | 1 | 2 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
| Fund | 6.1% | 7.1% | 8.2% | |
| Sector | 0.5% | 4.9% | 6.8% | |
| Rank | 10/111 | 22/105 | 17/85 | |
| Quartile | 1 | 1 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 9.40 |
| SAMSUNG ELECTRONICS CO. LTD | 4.35 |
| SAMSUNG ELECTRONICS CO. LTD | 4.05 |
| SINGAPORE TELECOMMUNICATIONS LIMITED | 3.36 |
| OVERSEA-CHINESE BANKING CORPORATION LIMITED | 3.18 |
| BOC HONG KONG (HOLDINGS) LIMITED | 3.01 |
| MEDIATEK | 2.89 |
| DBS GROUP HOLDINGS LTD | 2.65 |
| TELSTRA CORPORATION LIMITED | 2.63 |
| PT BANK MANDIRI (PERSERO) TBK | 2.31 |
| Total | 37.82 |
Fund Aims
The Fund’s investment objective is to provide a growing income and capital growth for investors over the long term primarily through investment in equity and equity related securities of Asian companies which offer attractive yields and growing dividend payments. The emphasis of the fund will be investment in the Asia Pacific excluding Japan (including Australia and New Zealand) region. Investment will be in directly held transferable securities. The Fund may also invest in collective investment schemes, warrants and money market instruments.
Fund Manager
- Joined Schroders in 1993
- Investment career commenced in 1993
- Currently a fund manager for Pacific Equity and Global Small Cap Equity accounts, based in London
- In 2007, whilst maintaining specialist Pacific fund management responsibilities, Richard joined the Global Small Cap team. In 1997 he moved onto the Pacific team, where he had a broad exposure to both developed and emerging markets as a regional fund manager. Richard initially joined Schroders in 1993 as an analyst on the Japanese equity team
- Associate member of the UK Society of Investment Professionals (UKSIP). Member of the CFA Institute
- BA, Oxford University
Fund Overview
| Mid (20/12/2024) | 83.11p |
| Historic yield | 4.24% |
| Fund size (31/08/2024) | £1283.87m |
| Number of holdings | 57 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.91% |
| Launch date | 19/02/1990 |
Asset Allocation
| International Equities | 91.09% | |
| Property | 2.76% | |
| UK Equities | 2.12% | |
| Cash and Equivalents | 2.02% | |
| Alternative Trading Strategies | 0.60% | |
| Other Assets | 1.42% |
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
| International Equities | 91.09% | |
| Property | 2.76% | |
| UK Equities | 2.12% | |
| Cash and Equivalents | 2.02% | |
| Alternative Trading Strategies | 0.60% | |
| Other Assets | 1.42% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 31.72% | - | - | - | |
| Banks | - | 20.83% | - | - | |
| Banks | - | - | 20.83% | - | |
| Banks | - | - | - | 20.83% | |
| Insurance | - | 7.10% | - | - | |
| Non-life Insurance | - | - | 3.88% | - | |
| Full Line Insurance | - | - | - | 2.01% | |
| Property & Casualty Insurance | - | - | - | 1.87% | |
| Life Insurance | - | - | 3.22% | - | |
| Life Insurance | - | - | - | 3.22% | |
| Financial Services | - | 3.79% | - | - | |
| Investment Banking & Brokerage Services | - | - | 3.79% | - | |
| Investment Services | - | - | - | 3.79% | |
| Technology | 19.32% | - | - | - | |
| Technology | - | 19.32% | - | - | |
| Technology Hardware & Equipment | - | - | 19.32% | - | |
| Semiconductors | - | - | - | 14.06% | |
| Electronic Components | - | - | - | 3.15% | |
| Production Technology Equipment | - | - | - | 2.11% | |
| Telecommunications | 17.99% | - | - | - | |
| Telecommunications | - | 17.99% | - | - | |
| Telecommunications Service Providers | - | - | 9.59% | - | |
| Telecommunications Services | - | - | - | 9.59% | |
| Telecommunications Equipment | - | - | 8.40% | - | |
| Telecommunications Equipment | - | - | - | 8.40% | |
| Consumer Discretionary | 5.37% | - | - | - | |
| Consumer Products & Services | - | 4.43% | - | - | |
| Household Goods & Home Construction | - | - | 1.96% | - | |
| Household Appliance | - | - | - | 1.96% | |
| Leisure Goods | - | - | 1.33% | - | |
| Electronic Entertainment | - | - | - | 1.33% | |
| Personal Goods | - | - | 1.14% | - | |
| Clothing & Accessories | - | - | - | 1.14% | |
| Automobiles & Parts | - | 0.95% | - | - | |
| Automobiles & Parts | - | - | 0.95% | - | |
| Automobiles | - | - | - | 0.95% | |
| Basic Materials | 5.02% | - | - | - | |
| Basic Resources | - | 5.02% | - | - | |
| Industrial Metals & Mining | - | - | 5.02% | - | |
| General Mining | - | - | - | 5.02% | |
| Real Estate | 4.89% | - | - | - | |
| Real Estate | - | 4.89% | - | - | |
| Real Estate Investment Trusts | - | - | 2.76% | - | |
| Retail REITs | - | - | - | 2.76% | |
| Real Estate Investment & Services | - | - | 2.13% | - | |
| Real Estate Holding and Development | - | - | - | 2.13% | |
| Consumer Staples | 4.74% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 2.68% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 2.68% | - | |
| Food Retailers & Wholesalers | - | - | - | 2.68% | |
| Food, Beverage & Tobacco | - | 2.06% | - | - | |
| Food Producers | - | - | 2.06% | - | |
| Food Products | - | - | - | 2.06% | |
| Industrials | 2.99% | - | - | - | |
| Industrial Goods & Services | - | 2.99% | - | - | |
| Electronic & Electrical Equipment | - | - | 1.96% | - | |
| Electrical Components | - | - | - | 1.96% | |
| Industrial Engineering | - | - | 1.03% | - | |
| Machinery: Construction & Handling | - | - | - | 1.03% | |
| Energy | 2.80% | - | - | - | |
| Energy | - | 2.80% | - | - | |
| Non-Renewable Energy | - | - | 2.80% | - | |
| Oil Refining and Marketing | - | - | - | 1.60% | |
| Oil: Crude Producers | - | - | - | 1.20% | |
| Cash and Equivalents | 2.02% | - | - | - | |
| Non-Classified | 1.42% | - | - | - | |
| Non-Classified | - | 1.42% | - | - | |
| Non-Classified | - | - | 1.42% | - | |
| Non-Classified | - | - | - | 1.42% | |
| Health Care | 1.10% | - | - | - | |
| Health Care | - | 1.10% | - | - | |
| Medical Equipment & Services | - | - | 1.10% | - | |
| Medical Services | - | - | - | 1.10% | |
| Alternative Trading Strategies | 0.60% | - | - | - | |
| Alternative Trading Strategies | - | 0.60% | - | - | |
| Alternative Trading Strategies | - | - | 0.60% | - | |
| Alternative Trading Strategies | - | - | - | 0.60% | |
Regional Allocation
| Emerging Asia | 48.94% | |
| Developed Asia | 21.82% | |
| Australia & New Zealand | 17.67% | |
| Property | 2.76% | |
| UK | 2.71% | |
| Non-Classified | 4.08% | |
| Cash and Equivalents | 2.02% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 76.06% | |
| Pound Sterling | 12.23% | |
| Euro | 5.65% | |
| US Dollar | 3.29% | |
| Cash | 2.62% | |
| Won | 0.13% | |
| Swiss Franc | 0.01% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Emerging Asia | 48.94% | - | |
Taiwan
|
- | 21.40% | |
South Korea
|
- | 13.65% | |
China
|
- | 7.35% | |
Indonesia
|
- | 4.22% | |
Thailand
|
- | 1.24% | |
Viet Nam
|
- | 1.08% | |
| Developed Asia | 21.82% | - | |
Singapore
|
- | 12.60% | |
Hong Kong
|
- | 9.22% | |
| Australia & New Zealand | 17.67% | - | |
Australia
|
- | 17.67% | |
| Property | 2.76% | - | |
| UK | 2.71% | - | |
United Kingdom
|
- | 2.71% | |
| Non-Classified | 4.08% | - | |
| Cash and Equivalents | 2.02% | - | |
Breakdown By Market Cap (%)
| Mega |
|
51.09% |
| Large |
|
29.83% |
| Medium |
|
3.47% |
| Non-Classified |
|
13.59% |
| Cash |
|
2.02% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 9.40% | Technology Hardware & Equipment | Taiwan |
| 2 | SAMSUNG ELECTRONICS CO. LTD | 4.35% | Telecommunications Equipment | South Korea |
| 3 | SAMSUNG ELECTRONICS CO. LTD | 4.05% | Telecommunications Equipment | South Korea |
| 4 | SINGAPORE TELECOMMUNICATIONS LIMITED | 3.36% | Telecommunications Service Providers | Singapore |
| 5 | OVERSEA-CHINESE BANKING CORPORATION LIMITED | 3.18% | Banks | Singapore |
| 6 | BOC HONG KONG (HOLDINGS) LIMITED | 3.01% | Banks | Hong Kong |
| 7 | MEDIATEK | 2.89% | Technology Hardware & Equipment | Taiwan |
| 8 | DBS GROUP HOLDINGS LTD | 2.65% | Banks | Singapore |
| 9 | TELSTRA CORPORATION LIMITED | 2.63% | Telecommunications Service Providers | Australia |
| 10 | PT BANK MANDIRI (PERSERO) TBK | 2.31% | Banks | Indonesia |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 19.32% | - | - | - | - | - | - | 19.32% |
| Telecommunications | - | 17.99% | - | - | - | - | - | - | 17.99% |
| Financials | - | 31.72% | - | - | - | - | - | - | 31.72% |
| Real Estate | - | 2.13% | - | - | - | 2.76% | - | - | 4.89% |
| Consumer Discretionary | - | 5.37% | - | - | - | - | - | - | 5.37% |
| Consumer Staples | - | 4.74% | - | - | - | - | - | - | 4.74% |
| Energy | - | 2.80% | - | - | - | - | - | - | 2.80% |
| Health Care | - | 1.10% | - | - | - | - | - | - | 1.10% |
| Industrials | - | 2.99% | - | - | - | - | - | - | 2.99% |
| Basic Materials | 2.12% | 2.91% | - | - | - | - | - | - | 5.02% |
| Cash and Equivalents | - | - | - | - | - | - | - | 2.02% | 2.02% |
| Non-Classified | - | - | - | - | - | - | 2.02% | - | 2.02% |
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 | B559X85 |
| Mex Code | SISIAN |
| Isin Code | GB00B559X853 |
| Citi Code | NNC8 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.91% |
Aims and Benchmark
| Aims | The Fund’s investment objective is to provide a growing income and capital growth for investors over the long term primarily through investment in equity and equity related securities of Asian companies which offer attractive yields and growing dividend payments. The emphasis of the fund will be investment in the Asia Pacific excluding Japan (including Australia and New Zealand) region. Investment will be in directly held transferable securities. The Fund may also invest in collective investment schemes, warrants and money market instruments. |
| Benchmark | MSCI AC Pacific ex Japan (Net Total Return) Index |
| Benchmark Category | - |
| IA Sector | Asia Pacific Excluding Japan |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | Unit Trust |
| Launch price | £0.50 |
| 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) |
|---|---|
| 16 January | 15 March |
| 16 July | 15 September |
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 | IFDS |
| Fund Registrar | IFDS |
| 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 | £3000000 |
| Minimum Top Up | £100000 |
| 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.
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.