Schroder Income Growth Fund plc

Morningstar Logo

Bronze

Source for rating: Morningstar as at February 2015

Morningstar report

The Company’s principal investment objectives are to provide real growth of income, being growth of income in excess of the rate of inflation, and capital growth as a consequence of the rising income.

The Company targets the attractive income and income growth potential provided by UK companies and has a record of increasing dividends each year for the past decade. The Company is managed by Sue Noffke who has been part of Schroders’ experienced UK Equity Team for over 20 years.

Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested.

Performance (%)

Schroder Income Growth Fund plcQ1 2014- Q1 2015Q1 2013 - Q1 2014Q1 2012- Q1 2013Q1 2011 - Q1 2012Q1 2010 - Q1 2011
NAV total return 14.9 14.3 22.2 4.0 9.9
Share price total return 9.4 14.7 27.9 3.4 14.0
Reference index total  return* 6.6 8.8 16.8 1.4 8.7

Source: Schroders, bid to bid price with net income reinvested, net of the ongoing charges and portfolio costs and, where applicable, performance fees, in GBP, as at 31 March 2015. *FTSE All Share total return.

What are the risks?

  • Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested.
  • Companies that invest in a smaller number of stocks carry more risk than funds spread across a larger number of companies.
  • The Company will invest solely in the companies of one country or region. This can carry more risk than investments spread over a number of countries or regions.
  • As a result of the fees and finance costs being charged partially to capital, the distributable income of the Company may be higher, but the capital value of the Company may be eroded.
  • The Company may borrow money to invest in further investments, this is known as gearing. Gearing will increase returns if the value of the investments purchased increase in value by more than the cost of borrowing, or reduce returns if they fail to do so.

FTSE International Limited ("FTSE") © FTSE. "FTSE®" is a trade mark of London Stock Exchange Plc and The Financial Times Limited and is used by FTSE International Limited under licence. All rights in the FTSE indices and / or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and / or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE's express written consent.

Other Investment Trusts

Registrar contact details

Equiniti Limited
Aspect House, Spencer Road
Lancing
West Sussez BN99 6DA

Shareholder Helpline: 0800 032 0641*
http://www.shareview.co.uk/

*Calls to this number are free of charge from UK landlines