Schroder Special Situations Fund Structured Income E1 Distribution/  LU2416646789  /

The fund aims to provide income and capital growth over rolling five year periods by investing directly, or indirectly through derivatives, in a diversified range of equities and bonds worldwide. The fund is actively managed and invests at least two-thirds of its assets directly, or indirectly through derivatives, in equities and bonds worldwide. In particular, the fund will invest indirectly in global or local equity market indices (such as the S&P500, EuroSTOXX 50, FTSE100 and other equity market indices) via exposure to a diversified portfolio of defined return investments (also known as autocallable exposure). In most cases, the fund will aim to achieve autocallable exposures by holding equity total return swaps and bonds. From time to time, the fund may also hold autocall notes if better terms are offered through this instrument. The return of such autocallable exposures is based on the performance of the underlying equity market indices. The autocallable exposure selection and portfolio construction process are designed to ensure that exposures are diversified by underlying market, barrier, call levels and call dates, thereby seeking to manage overall risk. Adverse equity market conditions can lead to higher risk and negative returns in the fund and as such, investors' capital is at risk. Also, when equity markets perform strongly the return on the fund may be less than the market return.

The fund aims to provide income and capital growth over rolling five year periods by investing directly, or indirectly through derivatives, in a diversified range of equities and bonds worldwide. The fund is actively managed and invests at least two-thirds of its assets directly, or indirectly through derivatives, in equities and bonds worldwide.