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Schroders goes for Asian Bonds



Type: A sub-fund of the Schroder International Selection Fund societe d&#39investissement a capital variable, denominated in US Dollars and offering three share classes.

Aim: To achieve long term returns through a combination of high yields and capital growth.

Minimum investment: A and B shares – $5,000, C shares – $500,000.

Investment split: Asset allocation – corporate – 51 per cent, sovereign – 32 per cent, local currency – 3 per cent and cash – 14 per cent. Proposed geographic allocation – cash – 14 per cent, Thailand – 20 per cent, Phillipines – 14 per cent, South Korea – 22.5 per cent, Malaysia – 7 per cent, Indonesia – 2 per cent, India – 9 per cent, Hong Kong – 7 per cent and China – 4.5 per cent.

Place of registration: Luxembourg.

Yield: 11 per cent.

Charges: A shares – initial – 5 per cent, annual – 1 per cent. B shares – initial – nil, annual – 1 per cent plus 0.5 per cent distributors fee and C shares – initial – nil, annual – 0.5 per cent.

Commission: Initial – 3 per cent (available only on A shares).

Tel: 0800 526535.


Morgan Grenfell launches World Bonds

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Northern Rock&#39s new Cap

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Darling to speak at Swiss Life welfare conference

Social Security Secretary Alistair Darling will be the keynote speaker in a welfare reform debate hosted by Swiss Life this month.Darling will share a platform with MPs and businessmen including the Lib Dem chair of the social security select committee Archy Kirkwood and NAPF director general Dr Ann Robinson.The all-day &#39Getting Welfare to Work&#39 conference […]

Autif castigates the Government on CAT standards

The Government&#39s Cat standard is &#34breathtakingly irresponsible&#34 according to the Association of Unit Trusts and Investment Funds.The industry body believes that the policy is an irresponsible act which cynically puts the savings of the most needy in society at risk.Autif director of communications Anne McMeehan says: &#34The Government knows that no risk warning or advertising […]

Retirement - thumbnail

A downhill stroll?

The Department for Work and Pensions (DWP) has recently published new research, which once again demonstrates how the prospect of retirement is changing for older workers.


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