Schroder GBP share class to Global Multi Asset

The Schroder ISF Global Multi-Asset Income Fund now has a retail GBP share class, enabling UK retail investors to access the fund in local currency, the group announced today.

Schroder GBP share class to Global Multi Asset
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The move comes as the $1bn fund reaches its one year anniversary.

Managed by Aymeric Forest and Iain Cunningham, the fund aims to provide a sustainable income by investing in attractive income opportunities across a range of asset classes, regions and sectors.

As shown in the graph, the fund has outperformed its sector over the past six months, and FE data shows it has returned 7.17% over six months, compared to the sector average of 2.38%.

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In terms of assets, the largest proportion, 41%, is invested in North America.

Forest said: “The Cyprus bailout drama provided a clear reminder that political instability and elevated debt levels are still problems in Europe. As such, we prefer quality issuers and continue to avoid exposure to peripheral Europe where sensitivity to political risk is high. Our focus is in managing risk, as much as on generating income, and we avoid chasing yield at any price.”

 

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