Schroder Wholesale Plus Fixed Income Fund

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About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/101185-2023-12-23-02:59.pdf
FUND MANAGER Schroder Investment Management Australia
ASX Code
INVESTMENT STYLE The Fund invests across the full spectrum of Australian and international fixed interest securities.
INVESTMENT PROFILE The Fund seeks to outperform the Benchmark after fees over the medium term.
BENCHMARK Bloomberg AusBond Composite 0+Yr Index
FUND SIZE Bloomberg AusBond Composite 0+Yr Index
FEES 0.35% p.a.



Benefits of investing in the Schroder Wholesale Plus Fixed Income Fund

Some of the benefits that may arise from an investment in the Fund include the following:


  • Access to a defensive strategy offering diversification benefits against equity markets.
  • Active management with a focus on quality to ensure it rewards investors for the risk taken and remains a true defensive strategy to deliver stable absolute returns over time.
  • Full application of investment capabilities including asset allocation (across credit, interest rate, and geography), stock selection and risk management, with top-down thinking driving portfolio construction.
  • The Manager's experienced and dedicated investment team that is well integrated into the broader global fixed income team.

The Schroder Wholesale Plus Fixed Income Fund (the Fund) is likely to be appropriate for a consumer:
– seeking to achieve stable absolute returns over time through investing in an actively managed, low volatility portfolio of domestic and international fixed income assets. 
– intending to access the Fund through an Investor Directed Portfolio Service (IDPS), IDPS-like scheme or a nominee or custody service, a managed account or any other service or platform approved by us (collectively referred to as an 'Investment Service') or through a superannuation fund. The Fund isn't open to direct investors;
– intending to use the investment in the Fund as a minor or satellite allocation within a portfolio;
– who has an investment timeframe of at least 4 years;
– who has a 'Medium to High' risk/return profile; and
– seeking the ability to make daily withdrawal requests and for withdrawal proceeds to be paid typically within 10 Business Days to the consumer's Investment Service or superannuation fund under normal market conditions.



Key Features

About the Fund

The Fund will invest into the Wholesale Class units in the Schroder Fixed Income Fund APIR SCH0028AU (Underlying Fund), which is a defensive strategy that invests across the full spectrum of Australian and international fixed interest securities to provide multiple sources of return and true diversification.


How we invest your money

The Fund invests in the Underlying Fund, which is an actively managed, low volatility strategy that invests in a range of domestic and international fixed income assets with the objective of outperforming the benchmark, whilst delivering stable absolute returns over time. The Underlying Fund adopts a Core-Plus investment approach whereby a core portfolio comprising of Australian investment grade bonds (including government, semi-government, supranational and corporate bonds) is complemented by investments in a diverse range of global and domestic fixed income securities.

Investments within the Underlying Fund's portfolio are actively managed in an attempt to ensure we are in the right assets at the right time to maximise return while maintaining a low risk profile. The targeted result is a defensive strategy which is broadly diversified with low correlation to equity markets.

The Underlying Fund may invest in a selection of Australian and global fixed interest securities such as government and quasi-government bonds, corporate bonds across the credit spectrum, subordinated securities, asset backed securities, developing market bonds, cash and cash equivalents.

The asset allocation of the Underlying Fund is:

  • Australian investment grade: 20-100%
  • Global investment grade: 0-50%*
  • Australian high yield: 0-20%**
  • Global high yield: 0-20%**
  • Cash and cash equivalents: 0-50%

*Maximum aggregate global exposure will not exceed 50%.

**Maximum aggregate exposure to high yield will not exceed 20%