November 2016
Schroder Global Equity
Income Fund
Seeks to capture income by investing in global
companies that represent good value
Reasons to invest
1. Invests in a selection of carefully chosen companies, which the managers view as being
fundamentally undervalued relative to their long-term earnings potential
2. Managers look for positive and sustainable income trends in companies, aiming to invest in
stocks that not only pay a high income at the time of purchase, but also boast solid prospects
for increasing dividends (distributions of a company’s income)
3. Unconstrained approach means managers have the freedom to uncover global opportunities
without the restrictions of a benchmark
Utilising a global opportunity set:
where the fund currently invests†
Meet the manager
Stocks held
No stocks held
Ian Kelly
Fund manager
Performance*
Schroder Global Equity
Income Fund
6 months
1 year
3 years
5 years
Launch**
27.1%
28.7%
47.7%
100.5%
88.9%
81.6%
IA Global Equity Income
18.2%
22.8%
31.1%
74.2%
Relative performance
+8.9%
+5.9%
+16.6%
+26.2%
+7.3%
Rank within sector
10/266
55/261
55/234
52/205
63/141
1
1
1
1
2
Q3 2015 - Q3 2014 Q3 2016
Q3 2015
Q3 2013 Q3 2014
Q3 2012 Q3 2013
Q3 2011 Q3 2012
Quartile
Schroder Global Equity
Income Fund
26.4%
0.1%
12.8%
13.9%
20.2%
IA Global Equity Income
24.7%
-2.7%
8.8%
17.3%
15.5%
*Source: FE Analytics, bid to bid with net income reinvested to 31 October 2016, Z Acc share class, net of
fees in GBP. Past performance is not a guide to future performance and may not be repeated. The value of
investments and the income from them may go down as well as up and investors may not get back the amount
originally invested.
**Fund launched 18 May 2007.
†
Source: Schroders, as at 30 September 2016. Not a recommendation to buy or sell.
Ian Kelly has been with Schroders since
2007, where he joined as an analyst
specialising in European insurance and
automobiles. He is a Chartered Financial
Analyst (CFA) charterholder and holds
a PhD in Biophysics from Newcastle
University. He also holds a Masters
degree in Investment Management from
Cass Business School, London.
Ian is a commentator at www
thevalueperspective.co.uk
– a specialist resource dedicated to
value investing.
Join the conversation
@thevalueteam
November 2016
Schroder Global Equity
Income Fund
Seeks to capture income by investing in global
stocks that represent good value
What are the risks?
–– Past performance is not a guide to future performance and may not be repeated. The value of
investments and the income from them may go down as well as up and investors may not get
back the amount originally invested
–– The fund holds investments denominated in currencies other than sterling, changes in
exchange rates will cause the value of these investments, and the income from them, to rise
or fall
–– Potential investors in emerging markets should be aware that this can involve a higher degree
of risk. Less developed markets are generally less well regulated than the UK, investments
may be less liquid and there may be less reliable arrangements for trading and settlement of
the underlying holdings
–– As a result of all fees being charged to capital, the distributable income of the fund may be
higher but there is the potential that performance or capital value may be eroded.
Technical information
Launch date
18 May 2007
Investment Association sector
Global Equity Income
Benchmark
MSCI World
Base currency
GBP
A Acc and A Inc shares
Z Acc and Z Inc shares
ISA
Eligible
Eligible
Ongoing charge
1.71%
0.96%
Initial charge
0.00%
0.00%
£1,000
(or £50 per month under
regular savings plan)
£1,000,000
(lower if accessed via
platform or adviser)
Minimum investment amount
Availability
Investor profile
May be suitable for investors:
–– Seeking a potentially higher income
–– Aiming for capital growth and are
willing to invest in a higher risk fund
–– Looking for exposure to potential
growth in global equity markets
–– Comfortable with the risks associated
with an equity-based investment
–– Who have a medium to long-term
investment horizon of between
3-5 years.
May not be suitable for investors:
–– Seeking a lower risk fund
–– Not prepared to have their capital
at risk
–– Uncomfortable with the level of
risk associated with equity-based
investment
–– With a short-term investment horizon
–– Unwilling to tolerate short-term
volatility (or fluctuations in the value of
an investment)
–– Uncomfortable with the value of
their investment being impacted by
fluctuations in exchange rates.
Find out more
online
www.schroders.co.uk
email
[email protected]
phone
0800 718 777*
for investment advice
speak to your financial adviser
Please note that funds are available through a number of third party providers and fund supermarkets. Providers are subject
to change and charges will vary.
Important information: *Please note that for your security, telephone calls to Schroders may be recorded. Before investing, refer to the latest Key Investor Information Document
(KIID) and Supplementary Information Document (SID), available at www.schroders.co.uk/investor or on request. For further explanation of any financial terms, visit www.
schroders.co.uk/glossary. Third party data is owned or licensed by the data provider and may not be reproduced or extracted and used for any other purpose without the data
provider’s consent. Third party data is provided without any warranties of any kind. The data provider and issuer of the document shall have no liability in connection with the third
party data. The data contained in this document has been sourced by Schroders and should be independently verified before further publication or use. Source for fund ratings:
Morningstar and Rayner Spencer Mills as at 31 October 2016. Issued in November 2016 by Schroder Unit Trusts Limited, 31 Gresham Street, London EC2V 7QA. Registered in
England No. 4191730. Authorised and regulated by the Financial Conduct Authority. UK11343