Schroder AS Commodity X
The fund’s objective is to generate growth in the long term through investment in commodity related instruments globally.
The Fund may be exposed to a range of commodity sectors from time to time but the Investment Manager currently anticipates that the Fund will be primarily invested in the energy, agriculture and metals sectors. The Fund may however invest in any sector of the commodity market in the discretion of the Investment Manager. In terms of geography, the Fund has a global remit. The Fund will be actively managed on a total return basis.
The Fund is benchmark unconstrained; i.e. it will be actively managed without reference to any specific benchmark, from an asset allocation perspective. However for performance comparison purposes, the Manager will compare the Fund's performance with the most commonly quoted commodity indices.