Schroder Global Property Fund
Launch Date 09/12/2005 Initial Charge 5.25%
Fund Size £523M Discount 4.75%
ISIN Number GB00B0LGSD59 The total cost of investment after the discount is applied* 0.5%
Legal Structure Unit Trust (UNIT) Annual Management Charge 1.50%

*In addition the fund manager will incur stamp duty, bid/offer spreads in the market and stock broking commission, which may be in part passed onto the investor. Charges rounded up to 0.25%

The Schroder Global Property Securities Fund invests in property securities on a global, diversified basis and is benchmark unconstrained. The objective of this fund is to maximise total returns by investing globally in real estate investment trusts and other types of property companies.

The fund is managed by Schroders, in conjunction with European Investors Incorporated (EII), a specialist global property securities manager. Jim Rehlaender is the managing director of EII and has had 22 years of property investment experience, including 14 years of property securities experience.

The portfolio will typically hold 50-70 stocks with a turnover at roughly 40-50% per annum. This fund is suitable for an investor who requires exposure to international property and is prepared to accept a moderate to adventurous level of investment risk.
Key Region % of fund
   NORTH AMERICA 33.8%
   PACIFIC BASIN 25%
   EUROPE EX UK 11.8%
   MONEY MARKET 10.2%
   JAPAN 8.9%
   UK 6.2%
   GLOBAL EMERGING MARKETS 4.1%

The current regional asset allocation is shown above and the relative performance of the fund is given in the table below.

Please bear in mind that past performance is not a guide to the future, the value of the investments and any income can go down as well as up and you may not get back the amount you invested.
Cumulative Performance
3 mth 6 mth 1 yr 3 yr 5 yr
Fund -1.75% 4.17% 33.52% -14.67% N/A
Sector -1.11% 3.08% 21.97% -28.95% -6.31%
Relative to sector -0.64% 1.09% 11.55% 14.28% N/A
Rank within sector 23/43 21/42 7/41 8/35 N/A

Data supplied by Financial Express as at July 2010, bid/bid, income reinvested. Our views are based upon our understanding of the current legislation. You should not act on any of the information without seeking professional advice. clarity is authorised and regulated by the Financial Services Authority. The Financial Services Authority does not regulate all types of Pensions, Mortgages or Taxation Advice.