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Schroder Income Growth Fund plc

Schroder Income Growth Fund plc

 

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.

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Key reasons to invest:

  • Targets outperformance by owning shares that should grow dividends faster than inflation
  • Has raised its dividend consistently for the last 21 years¹, making it an interesting proposition for income seeking investors. Past performance is not a guide to future performance and may not be repeated.
  • Managed by Sue Noffke, who has over 26 years of investment experience
  • Fundamental research is at the heart of the investment process and Sue looks for out of favour companies that have the potential to deliver strong future returns.

Find out more about the fund in our fast facts document.

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.

¹Source: Schroders as at 31 August 2016.


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.
  • The Company invests in smaller companies that may be less liquid than in larger companies and price swings may therefore be greater than investment companies that invest in larger 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 there is the potential that performance or capital value 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.

Non-Mainstream Pooled Investments (NMPI) Status

The Company currently conducts its affairs so that its shares can be recommended by IFAs to ordinary retail investors in accordance with the FCA's rules in relation to non-mainstream investment products and intends to continue to do so for the foreseeable future. The Company's shares are excluded from the FCA's restrictions which apply to non-mainstream investment products because they are shares in an investment trust.

Alternative Investment Fund Managers Directive Disclosure

Read the full disclosure

 

Performance (%)Schroder Income Growth Fund plc

Q3 2016 - Q3 2017

Q3 2015 - Q3 2016

Q3 2014 - Q3 2015

Q3 2013 - Q3 2014

Q3 2012 - Q3 2013

NAV total return

13.0 13.3 2.1 10.7 24.9
Share price total return 14.8 4.7 2.5 9.3 26.0
Benchmark total return* 11.9 16.8 -2.3 6.1 18.9

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 29 September 2017. *FTSE All Share total return.

 

Awards

 

  

Source for Dividend Hero logo: The AIC as at March 2017. Dividend heroes are companies that have increased their dividends each year for at least 20 years.

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.

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Fund fast facts

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Portfolio holdings

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Monthly Factsheet

October
September 
August

Investment trust quarterly newsletter

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Annual report and accounts

2016
2015
2014
2013
2012
2011
2010
2009
2008

 

 

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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, can go down as well as up and investors might not get back the amount originally invested.

Some trusts invest solely in the companies of, or in property located in, one country or region. This can carry more risk than investments spread over a number of countries or regions.

Investors in the emerging markets and the Far East should be aware that this involves a high degree of risk and should be seen as long term in nature.

Exchange rates may cause the value of investments denominated in currencies other than sterling, and the income from them, to rise or fall.

Registrar contact details

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

Shareholder Helpline: 0800 032 0641*

http://www.shareview.co.uk/

Schroders Investor Services

0800 718 777
investorservices@schroders.com

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