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Schroder Absolute Return Income (Managed Fund)
Chi-X code: PAYS

Fund Overview

Fund Details

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An active ETF designed to boost income while preserving capital

With interest rates at all-time lows and sustainable yields hard to find, investing for income while managing risk can be challenging. The Schroder Absolute Return Income (Managed Fund) (Chi-X code: PAYS) can help.

PAYS is an actively managed fixed income exchange traded fund (ETF) that has a track-record¹ of meeting investors needs for reliable monthly income, while at the same time giving peace of mind that there is a strong focus on managing risk, should markets fall.

Boosting income, while preserving capital

Watch this video to learn how PAYS can help to strengthen the defensive allocation of portfolios and generate reliable monthly income, while preserving capital. View time: 1m 45secs

Hybrids – what you should know

Mihkel Kase, Portfolio Manager for PAYS discusses three things every investor should consider when holding hybrids. View time: 3m 30secs

Reliable monthly income

A track record of delivering reliable monthly income above the cash rate of 3.4% p.a. (post-fees) over the last 12 months^.

Global diversification

Provides diversification across broad global fixed income markets with flexibility to respond to changing market conditions.

Strong risk management

Actively managed to provide strong risk management, helping to avoid losses and preserve capital, should markets fall.

Competitively priced

Competitive management fee of 0.54% p.a.

Easily accessed via one trade

Contact your broker, financial planner or invest via you online trading account using the Chi-X code: PAYS

Brought to you by Schroders

A leader in fixed income, with an experienced local team backed by specialists in 12 locations around the world.

Strengthening the defensive allocation of investment portfolios

PAYS can be combined with existing income-oriented investments such as term deposits, hybrids and mortgage funds to strengthen the defensive allocation of investment portfolios.

Cash and term deposits – PAYS can boost monthly income for investors, providing reliable monthly income, currently 3.4% p.a. (post-fees)^. It also gives investors the flexibility and liquidity to access their money if they need to.
Hybrids and mortgage funds – PAYS is actively managed to provide strong risk management, helping to avoid losses and preserve capital, should markets fall.

Fund Features

For further information please refer to the PAYS Product Disclosure Statement available in the Further Information section below.

*Click here for important information about Adjusted iNAVs.

Income profile+

+Income profile for the Schroder Absolute Return Income Fund (ARSN 092 060 172) (Wholesale class) as at 31 October 2019 (post-fees). Income is the cash distributions paid by the fund which may include return of capital. Growth is calculated excluding distribution reinvestments. Past performance is not a reliable indicator of future performance.

Performance as at 31 October 2019

Past performance is not a reliable indicator of future performance.

Past performance is not a reliable indicator of future performance.

Further Information

Fund Summary

Product Disclosure
Statement

Learn more about
fixed income

For further information about PAYS please speak to your Schroders representative.

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Important Information

¹Monthly distribution has varied between 3.1% p.a. and 7.5 % p.a. since fund inception in June 2002, with current distribution rate of 3.4% since August 2017. Past performance is not a reliable indicator of future performance.

^ As at 31 October 2019. Effective yield is based on the unit price at the start of the period. Income is the cash distributions paid by the fund which may include return of capital. Past performance is not a reliable indicator of future performance.

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