Changes to funds

As an FCA Alternative Investment Fund Manager (‘AIFM’), and in accordance with the transparency and disclosure requirements of Alternative Investment Fund Managers Directive, any changes to unlisted Schroder Real Estate funds requiring immediate notification, will be posted to this webpage.

2023

Entity

Action

Effective Date

Schroders Capital UK Real Estate Fund

The ACD has appointed CBRE Limited as the Standing Independent Valuers.

01/04/2023

2022

Entity

Action

Effective Date

Schroder UK Real Estate Fund

1. Inclusion of binding environmental, social and governance (“ESG”) commitments into the PAIF’s investment policy

2. Updated the name of the Fund in line with the new ‘Schroders Capital’ brand to Schroders Capital UK Real Estate Fund and Schroders Capital UK Real Estate Fund Feeder Trust.line rate is 0.70% per annum.

03/03/2022

Schroder UK Real Estate Fund

SFDR pre-contractual disclosures added to the Prospectus in December 2022

21/12/2022

2021

EntityActionEffective Date
Schroder UK Real Estate FundChanges to management fee structure.  The Fund has adopted a tiered fee structure with discounts for scale.  The headline rate is 0.70% per annum.30/06/2021
Schroder UK Real Estate FundRevision of leverage limits in the Prospectus to enable the Fund to draw on its Revolving Credit Facility.09/07/2021
Schroder UK Real Estate Fund
Appointment of HSBC as new Fund Registrar.19/07/2021

2018

EntityActionEffective Date
Schroder UK Real Estate Fund 
  1. Launch of the Schroder UK Real Estate Fund US, L.P.
  2. Introduction of 9% limit of corporate ownership of PAIF
  3. Change of Depositary to NatWest Trustee and Depositary Services Limited
19/12/2018

2017

EntityActionEffective Date
Schroder Global Real Estate Securities Income

Change of name to Schroder Global Cities Real Estate Income and removal of benchmark for comparison purposes

02/10/2017
Schroder UK Real Estate Fund Simplification of Management Fee 01/10/2017 
Schroder Global Cities Real Estate

Removal of benchmark

03/07/2017
Schroder ISF Global Cities Real EstateRemoval of benchmark03/07/2017

2016

EntityActionEffective Date
Schroder Global Property Income Maximiser

Change fund name to Schroder Global Real Estate Securities Income and amendment to objective and policy

Unitholder letter

19/02/2016
Schroder Global Property SecuritiesChange fund name to Schroder Global Real Estate Securities

The Fund’s name will change from Schroder Global Property Securities Fund to Schroder Global Real Estate Securities Fund on 19 February 2016.  The change of name reflects the wider use and greater recognition in the sector of the term “Real Estate” rather than “Property".

Unitholder letter

 19/02/2016
Hercules Unit Trust (HUT)

With effect from 31 March 2016 Crestbridge Hercules Management IC (“Crestbridge”) is Manager of Hercules Unit Trust. Please direct all enquiries to Crestbridge from that date.

Their contact details are: Crestbridge Hercules Management IC , 47 Esplanade, St Helier, Jersey, JE4 9WB. Tel. + 44 (0) 1534 835600

 31/03/2016
Schroder Global Real Estate Securities

Change fund name to Schroder Global Cities Real Estate and enhancement to objective and policy

Unitholder letter

  01/08/2016
Schroder ISF Global Property Securities

Change to fund name and enhancement to objective and policy

Unitholder letter

 01/12/2016
Schroder ISF Asia Pacific Property Securities

Change to fund name and enhancement to objective and policy

 Unitholder letter

 

 01/12/20

2015

EntityActionEffective Date
Hercules Unit Trust (HUT)With effect from 19 March 2015, the Registrar for HUT changed from J.P. Morgan Administration Services (Ireland) Limited to Aztec Financial Services (Jersey) Limited. 19/03/2015
Schroder UK Property FundWith effect from 16 March 2015, Schroder UK Property Fund changed its name to Schroder UK Real Estate Fund. In all other respects the fund and its objectives are unchanged. 16/03/2015
Schroder Property Real Income FundWith effect from 12 March 2015, Schroder Property Real Income Fund changed its name to Schroder Real Estate Real Income Fund. The terms and mandate of the Fund remain unchanged. 12/03/2

2014

EntityActionEffective Date
Schroder Property Managers (Jersey) LimitedWith effect from 12 December 2014, Schroder Property Managers (Jersey) Limited changed its name to Schroder Real Estate Managers (Jersey) Limited ("SREMJ"). The terms of real estate funds and mandates managed by SREMJ remain unchanged. 12/12/2014
Schroder Property Investment Management LimitedWith effect from 24 November 2014, Schroder Property Investment Management Limited changed its name to Schroder Real Estate Investment Management Limited (‘Schroder Real Estate’). The terms of real estate funds and mandates managed or advised by Schroder Real Estate remain unchanged.24/11/2014
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Issued by Schroder Investment Management Limited, 1 London Wall Place, London EC2Y 5AU.

For illustrative purposes only and does not constitute a recommendation to invest in the above-mentioned security / sector / country.

Registered No: 1893220 England. Authorised and regulated by the Financial Conduct Authority.

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On 17 September 2018 our remaining dual priced funds converted to single pricing and a list of the funds affected can be found in our Changes to Funds. To view historic dual prices from the launch date to 14 September 2018 click on Historic prices.