Changes to funds
Here you’ll find a timeline of changes that have occurred across Schroders’ fund range for the past eight years including fund manager appointments, fund mergers, changes to objectives and name changes.
Fund name | Action | Effective date |
---|---|---|
Schroder Moorgate II Fund |
Fund Merger Schroder Moorgate II Fund was successfully merged into SUTL Cazenove GBP Balanced Fund, or if the unitholders so elected SUTL Cazenove GBP Growth Fund or Schroder Managed Wealth Portfolio, on 23 November 2018. The merger was approved by unitholders of Schroder Moorgate II Fund at an EGM held on 21 November 2018. |
23 November 2018 |
Schroder UK Growth Fund plc Investment Trust ISA |
Change of Alternative Investment Fund Manager On 29 June 2018, Schroder Unit Trusts Limited (SUTL) was replaced by Baillie Gifford as the Alternative Investment Fund Manager of Schroder UK Growth Fund plc (the Company). Subsequently on 2 July 2018, the name of the Company was changed to Baillie Gifford UK Growth Fund plc. At this time, SUTL still remains as the ISA plan manager in relation to the Company’s ISA but going forward SUTL is no longer able to hold the Company within the Schroders ISA. Investment Trust ISA holders should review the attached documents to assess the options available to them.
Schroder UK Equity Fund (Acc) KIID Schroder UK Equity Fund (Inc) KIID Hargreaves Lansdown Stock and Shares ISA Transfer Form
|
2 July 2018 |
Schroder Absolute Return Bond Fund
Schroder Asian Income Fund
Schroder European Smaller Companies Fund
Schroder European Alpha Plus Fund
Schroder Gilt And Fixed Interest Fund
Schroder Global Emerging Markets Fund
Schroder Global Healthcare Fund
Schroder High Yield Opportunities Fund
Schroder Income Fund
Schroder Income Maximiser
Schroder Managed Wealth Portfolio
Schroder Recovery Fund
Schroder Tokyo Fund
Schroder UK Alpha Plus Fund
Schroder UK Equity Fund
Schroder UK Mid 250 Fund
Schroder UK Smaller Companies Fund
Schroder US Mid Cap Fund
Schroder US Smaller Companies Fund |
Change to funds' unit pricing From 17 September 2018, the pricing of units in the funds listed will be based on a single mid-market price. The pricing of units in these funds is currently carried out on a dual pricing basis. Please see attached the unitholder notification letter |
17 September 2018 |
Distribution share class naming convention |
Distribution share class names will incorporate some additional characters at the end of the existing name which will enable users to identify certain characteristics of the share class that are not currently distinguished within the name, for example, distribution frequency. |
11 September 2018 |
Schroder Strategic Credit Fund |
Change to fund's target return objective With effect from 25 May 2018, the Fund’s target return objective will change from income and capital growth in excess of 3 Month Treasury Bills to income and capital growth in excess of 3 Month LIBOR. The change is being made because the reference index used by the Fund to track its performance target has been discontinued by the vendor and we consider that 3 Month LIBOR is a suitable replacement |
25 May 2018 |
Schroder European Opportunities Fund |
Change to fund's name and investment policy The fund is a sub-fund of Schroder Investment Fund Company From 14 May 2018 the fund will be managed by a different portfolio manager from our European investment team and it will be renamed Schroder European Recovery Fund. The fund’s investment policy will be amended to reflect a change of investment style. The fund will from the date above adopt a “recovery” investment style which focuses on companies that the investment manager believes are undervalued relative to their long-term earnings potential. |
14 May 2018 |
Hedged share classes for all Schroder ISF* funds |
Information regarding the charge for holders of I, IA, IZ, P and X hedged share classes can be found here. |
30 March 2018 |
Schroder Specialist Value UK Equity Fund |
Name change and investment objective approved at EGM |
14 February 2018 |
Schroder Strategic Beta Fund |
Fund closure Schroder Strategic Beta Fund will close on 26 April 2018 as it is not economically viable due to its size. The fund is now closed to new dealing.
|
26 April 2018 |
All |
Terms of Business amends Please note that from 2 February 2018 our Terms of Business are being amended. Download the communication setting out the changes and the revised Terms of Business. From the effective date the Terms of Business can also be accessed here. |
02 February 2018 |
Schroder Global Multi-Asset Income Fund |
Fund closure Schroder Global Multi-Asset Income Fund will close on 20 February 2018 as it is no longer economically viable due to its size. |
20 February 2018 |
Fund name | Action | Effective date |
---|---|---|
Schroder All Maturities Corporate Bond Fund Schroder Core UK Equity Fund Schroder European Alpha Income Fund Schroder European Alpha Plus Fund Schroder European Equity Absolute Return Fund Schroder European Opportunities Fund Schroder European Smaller Companies Fund Schroder Global Alpha Plus Fund Schroder Global Emerging Markets Fund Schroder Global Healthcare Fund Schroder Income Fund Schroder Institutional Pacific Fund Schroder Institutional UK Smaller Companies Fund Schroder Long Dated Corporate Bond Fund Schroder Prime UK Equity Fund Schroder QEP Global Active Value Fund Schroder Small Cap Discovery Fund Schroder Strategic Credit Fund Schroder Tokyo Fund Schroder UK Alpha Income Fund Schroder UK Alpha Plus Fund Schroder UK Dynamic Smaller Companies Fund Schroder UK Opportunities Fund Schroder UK Smaller Companies Fund Schroder US Mid Cap Fund Schroder US Smaller Companies Fund |
Fund objective and policy changes
We have been reviewing our fund documentation to ensure that it continues to reflect best practice in the market. As a part of this process, we have made changes to the investment objective and policy wording for the UK funds listed to the left. What’s changed? The amendments aim to make the language used consistent across our UK fund range. There are no changes to the way each fund is managed and these changes do not impact any existing holdings. Do I need to do anything? No, you will simply see updated wording in your fund documentation. Which funds are affected? The objective and policy wording for the following funds was revised on 23 October 2017 and the Schroder Institutional, Schroder Intermediary and Schroder Investment Fund Company prospectuses have been updated accordingly.
The Schroder Investment Fund Company, Schroder Institutional and Schroder Intermediary prospectuses have been revised. |
23 October 2017 |
Schroder Specialist Value UK Equity Fund |
Change to fund's name, investment objective, benchmark and policy. From 14 February 2018 it has been proposed that:
|
Proposed date: 14 February 2018 |
Schroder UK Corporate Bond Fund |
Change to fund's name, investment objective and policy. From 2 October the fund will change its name to Schroder Sterling Corporate Bond Fund. The fund's new benchmark will be the Bank of America Merrill Lynch Sterling Corporate & Collateralised Index. It's new objective is to provide income and capital growth by investing in fixed and floating rate securities issued by UK companies and companies worldwide. |
2 October 2017 |
Schroder Absolute Return Bond Fund |
Reduction in AMC A share class = 1.00% to 0.90% Z share class = 0.50% to 0.40% L share class = 0.60% to 0.50% |
2 October 2017 |
Schroder Real Estate Securities Income Fund |
Change to fund's name From 2 October the fund will change its name to Schroder Global Real Estate Income. |
2 October 2017 |
Schroder All Maturities Corporate Bond Fund |
Change of benchmark: On 1 July 2017 the benchmark of the Schroder All Maturities Corporate Bond Fund changed from the Bank of America Merrill Lynch Sterling Non Gilts - All Stocks (GBP) to the Bank of America Merrill Lynch Sterling Non Gilts (GBP). Why has it changed? The previous benchmark was discontinued by Merrill Lynch. |
1 July 2017 |
Schroder Long Dated Corporate Bond Fund |
Change of benchmark: On 1 July 2017 the benchmark of the Schroder Long Dated Corporate Bond Fund changed from the Bank of America Merrill Lynch Sterling Non Gilts - All Stocks (15+ Y) (GBP) to the Bank of America Merrill Lynch 15+ Year Sterling Non-Gilt Index (GBP). Why has it changed? The previous benchmark was discontinued by Merrill Lynch. |
1 July 2017 |
SARFCO* UK Dynamic Absolute Return Fund |
Paul Marriage and John Warren, the managers of the fund, have decided to leave Schroders’ employment to pursue a personal ambition to start their own business. They are expected to leave Schroders in the fourth quarter of 2017, with our agreement. Paul and John are setting up Tellworth Investments LLP with BennBridge, a boutique fund manager platform. BennBridge will become the investment manager of the fund when Paul and John leave Schroders, subject to regulatory approval and due diligence. Paul and John will continue to manage the fund. The investment objectives of the fund will not change as a result. Schroders is delighted that it will be able to continue the successful relationship with Paul and John while enabling them to pursue their personal ambition of starting their own company. This will enable our clients to remain fully invested in the fund with no substantive change of manager or investment process. We remain fully committed to our clients and look forward to working with John, Paul and the team at BennBridge in the future. *Schroder Absolute Return Fund Company |
Q4 2017 |
Schroder UK Dynamic Smaller Companies Fund |
Paul Marriage and John Warren have decided to leave Schroders’ employment to pursue a personal ambition to start their own business. They are expected to leave Schroders in the fourth quarter of 2017. The Schroder UK Dynamic Smaller Companies Fund will continue to be managed by Schroders. Schroders has a deep pool of talent across the UK and European Equities business and replacement managers will be announced shortly. In the interim the fund will continue to be managed by Paul and John. |
Q4 2017 |
All UK Bond Funds |
Changes to Tax Treatment of Interest Distributions from 6 April 2017 What’s changed? With effect from 6th April 2017, UK bond funds will now pay or accumulate interest distributions gross (i.e. without deduction of income tax) to all investors. Prior to this date there was a requirement to determine whether investors were entitled to receive distributions gross or net of tax. What does this mean for me?
Do I need to do anything? No, this has all happened automatically. Where can I find out more? If you would like to know more, visit www.gov.uk/hmrc. We are unable to provide any advice on your individual circumstances. Should you need any advice, we recommend that you speak to your financial or tax adviser. |
6 April 2017 |
Schroder Absolute Return Bond Fund Schroder All Maturities Index Linked Bond Fund Schroder Asian Alpha Plus Schroder Asian Income Fund Schroder Asian Income Maximiser Schroder European Fund Schroder Global Equity Fund Schroder Global Equity Income Fund Schroder Global Multi-Asset Income Fund Schroder Institutional Growth Fund Schroder Managed Wealth Portfolio Schroder Recovery Fund Schroder Strategic Bond Fund Schroder UK Equity Fund Schroder UK Mid 250 Fund |
Fund Objective and Policy Changes:
We are currently reviewing our fund documentation to ensure that it continues to reflect best practice in the market. As a part of this process, we are making changes to our UK funds’ investment objective and policy wording of. The review process is likely to be completed over the next six months. What’s changing? The amendments aim to make the language used consistent across our UK fund range. There will no changes to the way each fund is managed and these changes will not impact any existing holdings. Do I need to do anything? No, you will simply see updated wording in your fund documentation. Which funds are affected? The objective and policy wording for the funds listed to the left were revised on 5 April 2017 and the Schroder Institutional and Intermediary prospectuses have been updated accordingly and can be viewed here: Further updates to our funds’ objectives and policies will be made over the course of the next few months. |
5 April 2017 |
Schroder Institutional Sterling Bond Fund |
Fund Closure: Schroder Institutional Sterling Bond Fund will close on 9 March 2017 as it is no longer economically viable due to its size. |
9 March 2017 |
Schroder Institutional Long Dated Sterling Bond Fund |
Fund Closure: Schroder Institutional Long Dated Sterling Bond Fund will close on 9 March 2017 as it is no longer economically viable due to its size. |
9 March 2017 |
Schroder Institutional Index Linked Bond Fund |
Fund Closure: Schroder Institutional Index Linked Bond Fund will close on 9 March 2017 as it is no longer economically viable due to its size. |
9 March 2017 |
Schroder Monthly High Income |
Change to fund's name, objective and policy |
17 February 2017 |
All Funds |
Removal of provision of short report In its recent paper discussing smarter consumer communications, the FCA have removed the requirement to produce the half-yearly short report from November 22, 2016, deeming the short report to be an ineffective method of communicating to unitholders. Following this ruling, we will cease to produce short reports for all accounting periods ending after January 1, 2017. The long form report and accounts will continue to be available on request or can be downloaded from the website at www.schroders.co.uk. The Prospectus, Key Investor Information Document and Fund Factsheet contain additional useful unitholder information and are also available upon request or can be downloaded from the website. |
1 January 2017 |
Fund name | Action | Effective date |
---|---|---|
SVG Capital plc |
Tender offer by HarbourVest Structured Solutions III L.P. Subject to shareholder approval, the Company has signed an asset transfer deed for the sale of 100% of its investment portfolio to HarbourVest Structured Solutions III L.P. |
15 December 2016 |
Schroder Absolute UK Dynamic Fund |
Change to fund's name, objective and policy |
1 October |
Schroder European Absolute Target Fund |
Change to fund's name, objective and policy |
1 October |
Schroder Global Real Estate Securities Fund |
Change to fund name, objective and policy |
1 August 2016 |
Schroder Income Maximiser |
Change in fund management team The team of people responsible for managing the yield and structuring the call option overlay of Schroder Income Maximiser has been integrated with Schroders’ existing Portfolio Solutions Team. Mike Hodgson, Head of Risk Managed Investments and Structuring, has taken responsibility for the team and the funds under their management. As a result of these changes, the role of Head of Structured Fund Management at Schroders is no longer required and Thomas See will be leaving Schroders. The investment philosophy, process and management of the Maximiser funds has not changed and the underlying income portfolio will continue to be managed by Nick Kirrage and Kevin Murphy. |
26 July 2016 |
Schroder Asian Income Maximiser |
Change in fund management team The team of people responsible for managing the yield and structuring the call option overlay of Schroder Asian Income Maximiser has been integrated with Schroders’ existing Portfolio Solutions Team. Mike Hodgson, Head of Risk Managed Investments and Structuring, has taken responsibility for the team and the funds under their management. As a result of these changes, the role of Head of Structured Fund Management at Schroders is no longer required and Thomas See will be leaving Schroders. The investment philosophy, process and management of the Maximiser funds has not changed and the underlying income portfolio will continue to be managed by Richard Sennitt. |
26 July 2016 |
Schroder Asian Alpha Plus Fund |
Conversion from a non-UCITS retail fund to a UCITS fund As from 1 April 2016, Schroder Asian Alpha Plus Fund will be authorised by the Financial Conduct Authority as a ‘UCITS scheme’ instead of being authorised as a ‘non-UCITS retail scheme’ (NURS). (A UCITS scheme is an open-ended collective investment fund which complies with the requirements of the UCITS Directive). The main difference between a NURS fund and a UCITS fund is that an investment manager has slightly wider investment powers under the rules applying to NURS funds. The Fund has not used these additional powers. Consequently, there are no changes to the Fund’s investment objective or policy, and the way it is managed will not change. |
1 April 2016 |
Schroder Core UK Equity Fund |
Schroder Core UK Equity Fund, a sub-fund of Schroder Investment Fund Company, currently aims to achieve long term capital and income growth through investment primarily in the United Kingdom. The fund has followed an investment approach based around the business cycle, where the managers attempt to identify turning points in the cycle and then focus on the types of companies they believe will benefit from it. The investment team has decided that the fund will now move away from business cycle investing and towards a core bottom up investment approach. The change does not require an amendment to the fund’s investment objective and policy but the Key investor information document has been revised to reflect this change in approach. |
22 February 2016 |
Schroder Global Property Income Maximiser |
Proposal to change the name and the investment objective and policy of Schroder Global Property Income Maximiser (the Fund).
Communication to unit holders - circular |
Proposed date 19/02/ 2016 |
Schroder Japan Alpha Plus Fund |
Japan Alpha Plus Fund merger into Schroder Tokyo Fund - 29th January 2016 The proposal to merge Schroder Japan Alpha Plus Fund into Schroder Tokyo Fund was approved by unitholders at unitholder meeting held on 22 January 2016. Schroder Japan Alpha Plus Fund will be merged into Schroder Tokyo Fund by way of a scheme of arrangement on 29 January 2016. Schroder Japan Alpha Plus Fund will then be wound up. The merger will provide unitholders with the benefit of economies of scale brought about through the management of a larger pool of assets. Communication to unit holders - circular |
29/01/2016 |
Schroder Institutional International Bond Fund |
Schroder Institutional International Bond Fund: Closure 29 January 2016 Schroder Institutional International Bond Fund was closed on 29 January 2016 as it was no longer economically viable due to its size. |
29/01/2016 |
Schroder Global Property Securities Fund |
Name change 19th February 2016 The fund’s name will change from Schroder Global Property Securities Fund to Schroder Global Real Estate Securities Fund on 19 February 2016. The adoption of “Real Estate” in the fund’s name is because this term is now more widely recognised and used in the sector than “Property". |
19/02/2016 |
Fund name | Action | Effective date |
---|---|---|
Schroder Asian Alpha Plus Fund |
Change of benchmark |
01/10/2015 |
Schroder Managed Balanced Fund |
Conversion from a non-UCITS retail fund to a UCITS fund |
01/12/2015 |
Schroder Asian Alpha Plus Fund |
The maximum permitted gross leverage and the maximum permitted commitment leverage for the Schroder Asian Alpha Plus Fund were raised from 1.2 to 2.0 and 1.2 to 1.3 respectively |
14/09/2015 |
Schroder Strategic Beta Fund |
The maximum permitted commitment leverage for the Schroder Strategic Beta Fund was raised from 3.5 to 7.0 |
31/07/2015 |
Schroder Managed Monthly High Income Fund |
The Schroder Managed Monthly High Income Fund has been renamed the Schroder Mixed Distribution Fund. There will be no change to the investment objective or policy of the fund and the fund will continue to be run in the same way. |
03/08/2015 |
Schroder Absolute UK Dynamic Fund |
|
24/04/2015 |
Schroder UK Absolute Target Fund |
Changes to the fund approved at EGM - circular
|
01/04/2015 |
Schroder All Maturities Corporate Bond Fund |
The levying of an administration charge of 0.10 per cent. on Z income and Z accumulation unit classes. |
19/02/2015 |
Schroder Recovery Fund |
The levying of an administration charge of 0.15 per cent. on A income and A accumulation unit classes. |
19/02/2015 |
Schroder Absolute UK Dynamic Fund |
Fund re-opened to subscriptions |
17/02/2015 |
Schroder European Alpha Plus Fund |
The investment objective and policy for the Schroder European Alpha Plus Fund was amended from 2 January 2015. The change clarified how the fund is managed. The change did not impact existing holdings in the fund. |
02/01/2015 |
Schroder European Alpha Income Fund |
The investment objective and policy for the Schroder European Alpha Income Fund, a sub-fund of Schroder Investment Fund Company, was amended from 2 January 2015. The change clarified how the fund is managed. The change did not impact existing holdings in the fund. |
02/01/2015 |
Fund name | Action | Effective date |
---|---|---|
Schroder Charity Fixed Interest Fund |
Merger approved at EGM Merger into Schroder Income Trust for Charities communication to unit holders - circular |
16/01/2015 |
Schroder Multi-Managed Cautious Managed Fund |
Merger approved at EGM MM Diversity Income Fund Communication to unit holders -circular |
24/10/2014 |
Schroder Multi-Manager High Alpha Fund |
Merger approved at EGM MM Diversity Tactical Fund Communication to unit holders -circular |
24/10/2014 |
Schroder UK Dynamic Smaller Companies Fund | Re-opening of the Schroder UK Dynamic Smaller Companies Fund to Share Subscriptions October 2014
The Schroder UK Dynamic Smaller Companies Fund was closed to further subscription for shares from 22nd January 2014. The decision to close the Fund to new subscriptions was taken following significant inflows throughout 2013. There is now sufficient capacity in the Fund for us to accept new share subscriptions and we will, therefore, be re-opening the Fund to subscriptions effective from 20th October 2014. |
20/10/2014 |
Schroder MM Managed Portfolio Fund |
Merger approved at EGM Merger into Schroder MM Diversity Balanced Fund Communication to unit holders - circular |
17/10/2014 |
Schroder MM Strategic Balanced Fund |
Merger approved at EGM Merger into Schroder MM Diversity Balanced Fund Communication to unit holders - circular |
17/10/2014 |
Schroder Global Real Estate Securities Limited |
Name change and amended investment objective approved at EGM on 14 October 2014. Results of the EGM can be read here |
14/10/2014 |
Schroder Corporate Bond Fund |
Merger approved at EGM Merger into Schroder UK Corporate Bond Fund Communication to unit holders - circular |
26/09/2014 |
Schroder UK Growth Fund plc | Philip Matthews is now Fund Manager for the fund with immediate effect | 30/10/2014 |
Schroder UK Absolute Target Fund | Steve Cordell lead manager of the Schroder UK Absolute Target Fund
Following the announced departure of Julie Dean from Schroders, Steve Cordell will continue to manage the Schroder UK Absolute Target Fund as lead manager. Steve is a senior member of the Pan-European equity team with over 20 years investment experience. In addition to being the manager of the Schroder UK Absolute Target Fund manages Schroder ISF* European Equity Absolute Return, Schroder ISF* European Opportunities and Schroder ISF* European Equity ex UK. *International Selection Fund |
08/09/2014 |
Schroder Global Climate Change Fund | Merger approved at EGM
Merger into Schroder QEP Global Core Fund Communication to unit holders - circular |
01/09/2014 |
Fund name | New fund name | Effective date |
---|---|---|
Cazenove UK Opportunities Fund | Schroder UK Opportunities Fund | 24/03/2014 |
Cazenove European Fund | Schroder European Opportunities Fund | 24/03/2014 |
Cazenove Strategic Bond Fund | Schroder Strategic Credit Fund | 24/03/2014 |
Cazenove UK Growth and Income Fund | Schroder Core UK Equity Fund | 24/03/2014 |
*Cazenove UK Smaller Companies Fund | Schroder UK Dynamic Smaller Companies Fund | 24/03/2014 |
Cazenove UK Corporate Bond Fund | Schroder UK Corporate Bond Fund | 24/03/2014 |
Cazenove UK Equity Income Fund | Schroder UK Alpha Income Fund | 24/03/2014 |
Cazenove European Income Fund | Schroder European Alpha Income Fund | 24/03/2014 |
**Cazenove Absolute UK Dynamic Fund | Schroder Absolute UK Dynamic Fund | 24/03/2014 |
Cazenove UK Absolute Target Fund | Schroder UK Absolute Target Fund | 24/03/2014 |
Cazenove Multi-Manager Diversity Fund | Schroder MM Diversity Fund | 24/03/2014 |
Cazenove Multi-Manager Global Fund | Schroder MM International Fund | 24/03/2014 |
Cazenove Multi-Manager UK Growth Fund | Schroder MM UK Growth Fund | 24/03/2014 |
Cazenove Diversity Income Fund | Schroder MM Diversity Income Fund | 24/03/2014 |
Cazenove Multi-Manager Diversity Tactical Fund | Schroder MM Diversity Tactical Fund | 24/03/2014 |
Cazenove Multi-Manager Diversity Balanced Fund | Schroder MM Diversity Balanced Fund | 24/03/2014 |
In order to integrate the two firms, we are making a number of changes to our combined business and fund range. The purpose of this brochure is to describe to you what those changes are and how they may impact you as an investor. These include changes to fund names, fees and share/unit classes.
Fund name | Action | Effective date |
---|---|---|
Schroder Secure Distribution 2032 Fund | Fund closed | 30/06/2014 |
Schroder Moorgate II Fund | The valuation point changed from 12.05pm to 12.00pm | 24/03/2014 |
Former Cazenove Multi-Manager Fund range | The valuation point for changed from 12.05pm to 12.00pm | 24/03/2014 |
Former Cazenove Multi-Manager Fund range | These funds have been renamed with the prefix "Schroder MM". Full details of the fund name changes are shown above. | 24/03/2014 |
*Cazenove UK Smaller Companies Fund | Fund closed | 22/01/2014 |
**Cazenove Absolute UK Dynamic Fund | Fund closed | 06/11/2013 |
Action | Effective date |
---|---|
The ISA Plan Manager for Schroders has changed from Schroder Investments Limited to Schroder Unit Trusts Limited (whose registered office is 31 Gresham Street, London EC2V 7QA) as part of a bulk transfer in accordance with the ISA Regulations. We can assure you that the change of your ISA Plan Manager has no impact on the way your investment will be managed and is part of a process to simplify operations. There are no changes to investors' terms & conditions or to the Schroders contact details. | 24/03/2014 |
Schroder UK Fund | Action | Effective date |
---|---|---|
Schroder US Alpha Plus Fund | Fund closed | 27/11/2013 |
Schroder Absolute Return Bond Fund | Change of Investment Objective | 12/11/2013 |
Schroder European Alpha Plus Fund | Launch of hedged unit class | 01/07/2013 |
Schroder European Fund | Launch of hedged unit class | 01/07/2013 |
Schroder Japan Alpha Plus Fund | Launch of hedged unit class | 01/07/2013 |
Schroder Tokyo Fund | Launch of hedged unit class | 01/07/2013 |
Schroder UK Fund | Action | Effective date |
---|---|---|
All Funds | Removal of initial charge across on all A unit classes | 31/12/2012 |
Managed Wealth Portfolio | Change of sub-investment adviser from Schroder Investment Management Limited to Schroder & Co | 21/12/2012 |
Medical Discovery | Name change to Global Healthcare | 07/12/2012 |
All Funds | Introduction of a de minimis distribution amount. This means that if the income amount calculated to be distributed is below £250 per unit class, the income may be withheld and carried forward to the next distribution date. | 07/12/2012 |
Bond funds | Corporate Bond, Gilt & Fixed Interest and Monthly High Income adopted full UCITS derivative powers | 20/09/2012 |
Bond funds | Introduction of VaR monitoring across all bond funds, including All Maturities Corporate Bond. | 01/06/2012 |
All Funds | Introduction of Key Investor Information Documents (KIIDs) and Supplementary Information Documents replacing Simplified Prospectuses and Fund Information pages. | 14/05/2012 |
All Funds | Reduction in initial charges on A units from 5.25% to 3.25%. All UK funds will have an initial charge of 3.25% going forward. | 01/03/2012 |
Global Property Securities | Renaming of C units to be called Z and reducing fees / increasing investment minima | 27/02/2012 |
Monthly High Income | Renaming of C units to be called Z and reducing fees / increasing investment minima | 27/02/2012 |
All Maturities Corporate Bond | Renaming of C units to be called Z and reducing fees / increasing investment minima | 27/02/2012 |
Asian Income Maximiser | Renaming of C units to be called Z | 23/01/2012 |
Global Alpha Plus |
Renaming of C units to be called Z |
23/01/2012 |
Global Climate Change |
Renaming of C units to be called Z |
23/01/2012 |
Global Property Income Maximiser |
Renaming of C units to be called Z |
23/01/2012 |
Dynamic Multi Asset Fund |
Renaming of D1 units to be called Z |
23/01/2012 |
QEP Global Core |
Reduction in distribution frequency from semi-annual to annual |
23/01/2012 |
All Funds | Action | Effective date |
---|---|---|
Diversified Growth Fund (SUTL) | Introduction of Value at Risk (VaR) monitoring - letter | 31/08/2011 |
Diversified Target Return Fund |
Fund name change to Schroder Dynamic Multi Asset Fund |
25/07/2011 |
Equitised Global Asset Allocation |
Fund closed |
14/06/2011 |
Strategic Bond |
1. Fund name changed to Absolute Return Bond |
13/06/2011 |
Pacific |
Merged into Asian Alpha Plus |
13/05/2011 |
European |
Fund merged into Institutional European |
25/03/2011 |
Institutional European |
Fund name changed to European Fund and valuation point changed to 12 noon |
25/03/2011 |
Global Asset Allocation | Reduction in investment limits from a maximum of 100% in other collective investment schemes to 10% | 23/03/2011 |
Asian Alpha Plus | Reduction in investment limits from a maximum of 15% in other collective investment schemes to 10% | 23/02/2011 |
Global Equity Income | Benchmark changed from MSCI All Countries World TR Net to MSCI World TR Net | 01/01/2011 |
All Funds | Action | Effective date |
---|---|---|
Multi-Manager Cautious Managed | Change in payment out of fund - All fees/charges charged wholly out of capital | 01/08/2010 |
Corporate Bond | Clarification of investment objective | 01/02/2010 |
All Funds | Action | Effective date |
---|---|---|
UK Alpha Income | Liquidated | 26/12/2009 |
Far East Income | Name changed to Schroder Asian Income | 14/12/2009 |
US Small & Mid Cap | Name changed to Schroder US Mid Cap | 01/062009 |
UK Income Defensive | Liquidated | 24/04/2009 |
UK Select Growth | Fund merged into Schroder UK Equity | 20/03/2009 |