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Schroder ISF European Dividend Maximiser

Ranked 3 out of 23 in - Europe Income over 12 months
All calculations are in EUR unless stated

Managed by

Andrew Evans

Mike Hodgson

Mike Hodgson is currently Head of Risk Managed Investments and Structuring at Schroders. He has more than 20 years of experience in financial markets. His career began at J Henry Schroder & Co. Limited as Principal Interest Rate Derivatives Trader and Global Head of Structured Products and Equity Derivatives (from 1987 – 2000). He then went on to work for Citigroup in 2000 as their European Head of New Product Development. In 2004, he joined ABN AMRO Bank NV / Royal Bank of Scotland NV as Global Head of Equity Derivatives Structuring and then Head of Fund Derivatives Trading and Structuring before returning to Schroders in 2011 as Head of Risk Managed Investments and Structuring.

Ian Kelly

European equity analyst and portfolio manager, Ian Kelly started his career at Schroders in 2007. He also runs institutional mandates and within his investment strategy he uses dividend yield with enhanced income through a covered call overlay strategy. Ian is a CFA charterholder and also holds a PhD in Biophysics from Newcastle University.

Andrew Lyddon

Andrew Lyddon is an equity fund manager at Schroders Investment Management. He joined the firm in 2005 where he began his career as an equity research analyst. He manages a number of funds using a value investment style. Andrew is a CFA Charterholder and IMC and graduated from the University of Bath with an MChem in Chemistry and the Queen Mary College with an MSc in Intellectual Property Law.

Objective

At least two-thirds of the Fund's assets (excluding cash) will invest in equities or equity related securities of European companies, which are selected for their income and capital growth potential. To enhance the yield of the Fund, the Investment Manager selectively sells short dated call options over individual securities held by the Fund, generating extra income by agreeing strike prices above which potential capital growth is sold. The Fund may also invest in financial derivative instruments for the purposes of efficient portfolio management. The Fund may also hold cash on deposit.

Showing fund performance in Finland View performance globally

Performance

Europe Income over : 31/08/2017 - 31/08/2018

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -0.8% 4.4%
2017 4.1% 0.9% 0.5% 2.7% 0.0%
2016 2.3% -6.4% -4.3% 5.0% 8.7%
2015 3.0% 11.0% -3.1% -8.0% 4.1%
2014 3.4% 1.6% 3.1% 0.8% -2.1%
2013 21.1% 4.6% 0.1% 8.6% 6.5%
2012 18.0% 8.8% -1.8% 8.1% 2.2%
2011 -3.9% 1.4% -1.1% -12.5% 9.5%
2010 6.5% 1.9% -5.2% 6.0% 4.0%
2009 21.3% -10.2% 16.8% 10.5% 4.6%
2008 -38.0% -14.1% -5.1% -9.1% -16.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/07/2018

Top 10 Holdings

Stock Size
Eni SpA ORD 5.96%
WM Morrison Supermarkets PLC ORD 5.32%
EUR Cash 5.28%
Sanofi SA ORD 5.21%
Pearson PLC ORD 4.77%
Tesco PLC ORD 4.68%
BP PLC ORD 4.35%
HSBC Holdings PLC ORD 4.08%
Repsol SA ORD 4.07%
Centrica PLC ORD 4.02%
31/07/2018

Registered For Sale In

  1. Austria
  2. Belgium
  3. Bulgaria
  4. Czech Republic
  5. Denmark
  6. Finland
  7. France
  8. Germany
  9. Gibraltar
  10. Greece
  11. Hong Kong
  12. Hungary
  13. Iceland
  14. Ireland
  15. Italy
  16. Luxembourg
  17. Macau
  18. Malta
  19. Netherlands
  20. Norway
  21. Poland
  22. Singapore
  23. Spain
  24. Sweden
  25. Switzerland
  26. Taiwan
  27. United Kingdom

Fund Info

  • Launch date05/10/2007
  • Share Class size969Mn
  • Base currencyEUR
  • ISIN LU0319791538

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

  • Initial investment5.00%

Related News

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Asset management firm announces departure of structured fund management chief as its realigns investment teams.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).