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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.


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