Schroder Multi-Asset Growth Portfolio
| A Shares | Investor Shares | Advisor Shares | R Shares | |
|---|---|---|---|---|
| Ticker Symbol | SALAX | SALIX | SALVX | SALRX |
| CUSIP | 808090682 | 808090674 | 808090658 | 808090666 |
| Inception Date | 12/20/2007 | 12/20/2007 | 12/20/2007 | 12/20/2007 |
| Fund Assets | $2.69 million | $712,884 | $3.67 million | $438,970 |
Investment Objective
Schroder Multi-Asset Growth Portfolio seeks long-term capital appreciation through a flexible asset allocation approach across a variety of different asset classes - including traditional asset classes and "alternative" asset classes - in response to changing market, economic, and investment conditions.
Fund Overview
- Fund seeks long term capital appreciation through a flexible asset allocation approach
- Investments include traditional and alternative asset classes such as equity and fixed income as well as investments in real estate, commodities, currencies and private equity
- On-going asset allocation across markets and asset classes in response to changing market and economic conditions
Management Team
- Multi Asset Solutions team is comprised of 43 investment professionals with an average of over ten years investment industry experience
Management
Johanna Kyrklund, CFA
Portfolio Manager - Since 2008
Ms. Kyrklund has been an employee of Schroders since 2007 and is responsible for investment on behalf of all US and UK multi-asset clients, is a member of the Global Asset Allocation Committee and co-fund manager of Schroders Diversified Growth Fund. Formerly, fund manager of Absolute Insight Tactical Asset Allocation Fund, a global macro absolute return fund, at Insight Investment (2005-2007), and Head of Asset Allocation in the UK and fund manager of the Deutsche tactical asset allocation fund, Deutsche Asset Management (1997-2005).
Michael Spinks, CFA
Portfolio Manager - Since 2008
Mr. Spinks has been an employee of Schroders since 2004 and is responsible for investment on behalf of all US and UK multi-asset clients, is co-fund manager of Schroders Diversified Growth Fund and fund manager of the Diversified Completion Fund. Formerly, consultant to investment managers at Watson Wyatt (1996-2004).
Available Shares
Schroder Multi-Asset Growth Portfolio offers A Shares, Advisor Shares, Investor Shares and R Shares. Shares of the different classes are available to eligible investors as described in the prospectus. Fund facts and daily performance figures for each share class are shown below:
Fund Facts (As of March 12, 2010)
| A Shares | Investor Shares | Advisor Shares | R Shares | |
|---|---|---|---|---|
| Minimum Investment | $2,500 | $250,000 | $2,500 | $1,000 |
| Min. Subsequent Inv | $1,000 | $1,000 | $1,000 | $1,000 |
| Load | 4.50% | NONE | NONE | NONE |
| Distribution Fee | 0.25% | 0.75% | 0.25% | 0.50% |
| Total Annual Operating Expenses1 | 4.12 | 3.86 | 4.12 | 4.37 |
| Less Fee Waivers and Expense Limitations2 | (1.96) | (1.95) | (1.96) | (1.96) |
| Total Net Expenses1 | 2.16 | 1.91 | 2.16 | 2.41 |
Daily Price (As of March 12, 2010)
| A Shares | Investor Shares | Advisor Shares | R Shares | |
|---|---|---|---|---|
| Share Price/NAV | $8.22 | $8.20 | $8.20 | $8.19 |
| Change | +$0.02 | +$0.02 | +$0.02 | +$0.01 |
- 1The amounts shown are those reported in the current prospectus. The "Net Expenses" shown for the fund reflect the effect of the contractually imposed fee waivers and expense limitations on the Total Annual Fund Operating Expenses of the fund. The amounts shown include the distribution (12b-1) fee of 0.25% for Advisor Shares and A Shares and the distribution (12b-1) fee of 0.50% for R Shares.
- 2The "Net Expenses" shown for the Fund reflect the effect of the contractually imposed fee waiver and expense limitations, in effect until February 28, 2010, on the Total Annual Fund Operating Expenses of the Fund.
The Fund's advisor has contractually agreed until that date (i) to reduce its management fee compensation by 0.21% (0.15% prior to February 28, 2009) and (ii) if necessary, in order to limit the expenses of the Fund's shares, to pay or reimburse the Fund for expenses to the extent that the Total Annual Fund Operating Expenses of the Fund (other than Acquired Fund Fees and Expenses, interest, taxes, and extraordinary expenses, which may include typically non-recurring expenses such as, for example, organizational expenses, litigation expenses, and shareholder meeting expenses) allocable to Investor Shares of the Fund exceed the annual rate (based on the average daily net assets attributable to each of the Fund's share classes taken separately) of 1.25%.
The fee waiver and expense limitation for the Fund may only be terminated during their term by the Board of Trustees. Net Expenses for the current fiscal year may be higher than the Net Expenses shown in the table above to the extent the Fund incurs interest, taxes, or extraordinary expenses. In the last fiscal year, any such expenses incurred by the Fund were paid by its advisor, and the Fund does not expect to incur such expenses in the next fiscal year.
Performance data does not reflect a 2.00% redemption fee on shares redeemed two months or less from their date of purchase, which applies to the Schroder Multi-Asset Growth Portfolio Investor Shares; if this redemption fee were reflected, one-month performance for these funds would be lower than that shown. Current performance may be lower or higher than the performance data quoted.
Performance data quoted represents past performance. Past performance is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data does not reflect a 2.00% redemption fee on shares redeemed two months or less from their date of purchase. If this fees were reflected, one-month performance for these funds would be lower than that shown.
For performance data current to the most recent month end, please click the following link: performance. Please consider a fund's investment objectives, risks, charges and expenses carefully before investing. For access to the prospectus, please click the following link: prospectuses. To obtain any further information on any Schroders fund, please read the prospectus, call your financial advisor or call Schroder Mutual Funds at (800) 464-3108 for Individual Investors or (800) 730-2932 for Intermediaries/Financial Consultants. Read the prospectus carefully before investing.
All investments, domestic and foreign, involve risks including the risk of possible loss of principal. The market value of a fund's portfolio may decline as a result of a number of factors, including adverse economic and market conditions, prospects of stocks in the portfolio, changing interest rates, and real or perceived adverse competitive industry conditions. Investing overseas involves special risks including among others, risks related to political or economic instability, foreign currency (such as exchange, valuation, and fluctuation) risk, market entry or exit restrictions, illiquidity and taxation. Emerging markets pose greater risks than investments in developed markets.
Investments in small- and medium-capitalization companies may involve a higher degree of risk and volatility than investments in larger, more established companies. All investments involve risks including the risk of possible loss of principal. The market value of a portfolio may decline as a result of a number of factors, including interest rate risk, credit risk, inflation/deflation risk, currency risk, mortgage and asset-backed securities risk, U.S. Government securities risk, foreign investment risk and derivatives risk. Please see the prospectus for a full description of the risks associated with the fund.