|
|
Schroder Enhanced Income Fund - Advisor Shares
(Closed to all new investments)4
Investment Objective
Schroder Enhanced Income Fund principally seeks high current income, consistent with the preservation of capital and reasonable liquidity; secondarily, to seek a high rate of total return.
Principal Investment Strategies
The Fund invests in a diversified portfolio of US dollar-denominated income-producing obligations.
The Fund will normally invest at least 80% of its net assets in income-producing obligations, which may include, for example:
| > | securities issued or guaranteed by the US government or its agencies or instrumentalities; |
| > | debt securities of domestic or foreign corporations; |
| > | mortgage-backed and other asset-backed securities; |
| > | obligations of non-US governments or their subdivisions, agencies and government-sponsored enterprises; |
| > | obligations of international agencies or supranational entities; |
| > | commercial paper and master demand notes; |
| > | preferred securities; and short-term investments, such as repurchase agreements, money market securities, bank certificates of deposit, fixed time deposits and bankers’ acceptances. |
|
Management
 |
Steven S. Lear, CFA
Schroder Enhanced Income Fund — Since Inception (December 2004)
Lead portfolio manager for each of the funds. Mr. Lear is a Director and Executive Vice President of Schroders and has been an employee of Schroders since June 1998.
|
|
 |
David Harris
Schroder Enhanced Income Fund — Since Inception (December 2004)
Portfolio manager for each of the funds. Mr. Harris is a Senior Vice President of Schroders and has been an employee of Schroders since November 1992.
|
 |
Wesley A. Sparks
Schroder Enhanced Income Fund — Since Inception (December 2004)
Portfolio manager for each of the funds. Mr. Sparks has been at Schroders since December 2000 and is currently Senior Vice President of Schroders. Prior to joining Schroders, Mr. Sparks was a portfolio manager at Aeltus Investment Management since June 1999.
|
 |
Gregg Moore
Schroder Enhanced Income Fund — Since Inception (December 2004)
Portfolio manager for each of the funds. Mr. Moore has been at Schroders since June 2001 and is currently Vice President of Schroders. Prior to joining Schroders, Mr. Moore was a quantitative analyst at Aeltus Investment Management since December 1999.
|
| Fund Facts |
| As of Jan 6, 2009 |
| Ticker Symbol | |
SAAVX |
| CUSIP | |
808090773 |
| Inception Date | |
Dec 31, 2004 |
| Fund Assets1 | |
$104.69 million |
| Minimum Investment | |
$2,500 |
| Min. Subsequent Inv | |
$1,000 |
| Load | |
NONE |
| Expense Ratio2,3 | |
0.65% |
| Distribution Fee | |
0.25% |
|
|
| Daily Performance |
| As of Jan 6, 2009 |
| Share Price/NAV |
|
$9.04 |
| Change |
|
+$0.01 |
Monthly Performance Quarterly Performance
|
1 Represents all share classes.
2 The Net Expenses shown for the Fund reflects the effect of contractually imposed fee waivers and/or expense limitations, in effect through February 28, 2007. Please see the prospectus for further details.
3 As of the most recent Annual/Semi-Annual report.
4 As of January 24, 2008, the shares of the fund are no longer being offered for sale. The fund is closed to all new investments (except for reinvestments of dividends) including investments from new investors and additional investment by existing shareholder (including exchanges from other funds).
Schroder Enhanced Income Fund also offers Investor Shares. The following link, Investor Shares, provides a description of the Investor Shares, including related expense information.
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.
Current performance may be lower or higher than the performance data quoted.
For performance data current to the most recent month end and to access Fund prospectuses, which contain this and other information, click the following link for prospectuses. To obtain further information, please call Schroder Mutual Funds at 800-464-3108 for Individual Investors or 800-730-2932 for Intermediaries/Financial Consultants. Read the prospectus for a Fund and carefully consider the Fund's investment objectives, risks and charges and expenses before investing.
Back to top
|
