Fund change corner

Schroder UK Fund	Action	Effective date
All Funds	Removal of initial charge across on all A unit classes	31/12/2012
Managed Wealth Portfolio	Change of sub-investment adviser from Schroder Investment Management Limited to Schroder & Co	21/12/2012
Medical Discovery	Name change to Global Healthcare	07/12/2012
All Funds	Introduction of a de minimis distribution amount. This means that if the income amount calculated to be distributed is below £250 per unit class, the income may be withheld and carried forward to the next distribution date.	07/12/2012
Bond funds	Corporate Bond, Gilt & Fixed Interest and Monthly High Income adopted full UCITS derivative powers	20/09/2012
Bond funds	Introduction of VaR monitoring across all bond funds, including All Maturities Corporate Bond.	01/06/2012
All Funds	Introduction of Key Investor Information Documents (KIIDs) and Supplementary Information Documents replacing Simplified Prospectuses and Fund Information pages.	14/05/2012
All Funds	Reduction in initial charges on A units from 5.25% to 3.25%. All UK funds will have an initial charge of 3.25% going forward.	01/03/2012
Global Property Securities	Renaming of C units to be called Z and reducing fees / increasing investment minima	27/02/2012
Monthly High Income	Renaming of C units to be called Z and reducing fees / increasing investment minima	27/02/2012
All Maturities Corporate Bond	Renaming of C units to be called Z and reducing fees / increasing investment minima	27/02/2012
Asian Income Maximiser	Renaming of C units to be called Z	23/01/2012
Global Alpha Plus	Renaming of C units to be called Z	23/01/2012
Global Climate Change	Renaming of C units to be called Z	23/01/2012
Global Property Income Maximiser	Renaming of C units to be called Z	23/01/2012
Dynamic Multi Asset Fund	Renaming of D1 units to be called Z	23/01/2012
QEP Global Core	Reduction in distribution frequency from semi-annual to annual	23/01/2012

All Funds	Action	Effective date
Diversified Growth Fund (SUTL)	Introduction of Value at Risk (VaR) monitoring - letter	31/08/2011
Diversified Target Return Fund	Fund name change to Schroder Dynamic Multi Asset Fund Communication to unit holders - letter	25/07/2011
Equitised Global Asset Allocation	Fund closed Communication to unit holders - letter	14/06/2011
Strategic Bond	1. Fund name changed to Absolute Return Bond 2. Investment objective changed Communication to unit holders - letter and circular	13/06/2011
Pacific	Merged into Asian Alpha Plus Communication to unit holders - letter and circular	13/05/2011
European	Fund merged into Institutional European Communication to unit holders - letter and circular	25/03/2011
Institutional European	Fund name changed to European Fund and valuation point changed to 12 noon Communication to unit holders - letter	25/03/2011
Global Asset Allocation	Reduction in investment limits from a maximum of 100% in other collective investment schemes to 10%	23/03/2011
Asian Alpha Plus	Reduction in investment limits from a maximum of 15% in other collective investment schemes to 10%	23/02/2011
Global Equity Income	Benchmark changed from MSCI All Countries World TR Net to MSCI World TR Net	01/01/2011

All Funds	Action	Effective date
Multi-Manager Cautious Managed	Change in payment out of fund - All fees/charges charged wholly out of capital	01/08/2010
Corporate Bond	Clarification of investment objective	01/02/2010

All Funds	Action	Effective date
UK Alpha Income	Liquidated	26/12/2009
Far East Income	Name changed to Schroder Asian Income	14/12/2009
US Small & Mid Cap	Name changed to Schroder US Mid Cap	01/062009
UK Income Defensive	Liquidated	24/04/2009
UK Select Growth	Fund merged into Schroder UK Equity	20/03/2009

All Funds	Action	Effective date
UK Large Cap	Merged into Schroder UK Alpha Plus	31/10/2008

2012

Schroder UK Fund	Action	Effective date
All Funds	Removal of initial charge across on all A unit classes	31/12/2012
Managed Wealth Portfolio	Change of sub-investment adviser from Schroder Investment Management Limited to Schroder & Co	21/12/2012
Medical Discovery	Name change to Global Healthcare	07/12/2012
All Funds	Introduction of a de minimis distribution amount. This means that if the income amount calculated to be distributed is below £250 per unit class, the income may be withheld and carried forward to the next distribution date.	07/12/2012
Bond funds	Corporate Bond, Gilt & Fixed Interest and Monthly High Income adopted full UCITS derivative powers	20/09/2012
Bond funds	Introduction of VaR monitoring across all bond funds, including All Maturities Corporate Bond.	01/06/2012
All Funds	Introduction of Key Investor Information Documents (KIIDs) and Supplementary Information Documents replacing Simplified Prospectuses and Fund Information pages.	14/05/2012
All Funds	Reduction in initial charges on A units from 5.25% to 3.25%. All UK funds will have an initial charge of 3.25% going forward.	01/03/2012
Global Property Securities	Renaming of C units to be called Z and reducing fees / increasing investment minima	27/02/2012
Monthly High Income	Renaming of C units to be called Z and reducing fees / increasing investment minima	27/02/2012
All Maturities Corporate Bond	Renaming of C units to be called Z and reducing fees / increasing investment minima	27/02/2012
Asian Income Maximiser	Renaming of C units to be called Z	23/01/2012
Global Alpha Plus	Renaming of C units to be called Z	23/01/2012
Global Climate Change	Renaming of C units to be called Z	23/01/2012
Global Property Income Maximiser	Renaming of C units to be called Z	23/01/2012
Dynamic Multi Asset Fund	Renaming of D1 units to be called Z	23/01/2012
QEP Global Core	Reduction in distribution frequency from semi-annual to annual	23/01/2012

2011

All Funds	Action	Effective date
Diversified Growth Fund (SUTL)	Introduction of Value at Risk (VaR) monitoring - letter	31/08/2011
Diversified Target Return Fund	Fund name change to Schroder Dynamic Multi Asset Fund Communication to unit holders - letter	25/07/2011
Equitised Global Asset Allocation	Fund closed Communication to unit holders - letter	14/06/2011
Strategic Bond	1. Fund name changed to Absolute Return Bond 2. Investment objective changed Communication to unit holders - letter and circular	13/06/2011
Pacific	Merged into Asian Alpha Plus Communication to unit holders - letter and circular	13/05/2011
European	Fund merged into Institutional European Communication to unit holders - letter and circular	25/03/2011
Institutional European	Fund name changed to European Fund and valuation point changed to 12 noon Communication to unit holders - letter	25/03/2011
Global Asset Allocation	Reduction in investment limits from a maximum of 100% in other collective investment schemes to 10%	23/03/2011
Asian Alpha Plus	Reduction in investment limits from a maximum of 15% in other collective investment schemes to 10%	23/02/2011
Global Equity Income	Benchmark changed from MSCI All Countries World TR Net to MSCI World TR Net	01/01/2011

2010

All Funds	Action	Effective date
Multi-Manager Cautious Managed	Change in payment out of fund - All fees/charges charged wholly out of capital	01/08/2010
Corporate Bond	Clarification of investment objective	01/02/2010

2009

All Funds	Action	Effective date
UK Alpha Income	Liquidated	26/12/2009
Far East Income	Name changed to Schroder Asian Income	14/12/2009
US Small & Mid Cap	Name changed to Schroder US Mid Cap	01/062009
UK Income Defensive	Liquidated	24/04/2009
UK Select Growth	Fund merged into Schroder UK Equity	20/03/2009

2008

All Funds	Action	Effective date
UK Large Cap	Merged into Schroder UK Alpha Plus	31/10/2008

Registered address

Schroder Investments Limited, 31 Gresham Street, London, EC2V 7QA.