Trustnet Magazine Issue 10 September 2015 | Page 8

BREXIT

Expertly
navigating the UK
Investment trusts from Schroders
For UK investors, home shores can form the bedrock of
an investment portfolio.
That’s why you’ll find some of our most senior
investment talent at the helm of our longstanding UK
investment trusts. Our managers bring an average of 26
years’ industry experience to managing the trusts. So if
skilled hands are important on your investment voyage,
make Schroders your first port of call.
There are three trusts in the Schroders UK range:
Schroder UK Mid Cap Fund plc, investing in
medium-sized companies; Schroder Income Growth
Fund plc, aiming to provide both income and growth,
and Schroder UK Growth Fund plc, which seeks to
capitalise on the growth potential of UK companies.
As with any investment, investment trusts carry risk. The
value of an investment trust will rise and fall in value, and
you may not get back what you put in. As these trusts
concentrate on only the UK, they can carry more risks
than those trusts that are spread across a number
of regions.
Whether your focus is growth, income or a combination,
our deep knowledge of the UK can help you chart the
right course. Talk to your financial adviser or visit
schroders.co.uk/its

Investing for
your world
Fund manager industry experience: Rosemary Banyard: 36 years, Andrew Brough: 28 years, Sue Noffke: 25 years and Philip Matthews: 16 years. The most up to date
key features can be viewed on the UK Investor website via www.schroders.co.uk/investor. Issued in September 2015 by Schroder Unit Trusts Limited, 31 Gresham Street,
London EC2V 7QA. Registered No: 4191730 England. Authorised and regulated by the Financial Conduct Authority. UK09735

and markets do not like change. If
we do leave then markets are likely
to remain weak until there are clear
signs of the impact of a Brexit on the
economy,” Lowcock added.
Archer says: “Sterling would
likely weaken significantly,
which would at least provide
some support to UK exports amid
the increased pressure on the
economy. Meanwhile, the Bank of
England would highly likely hold
off from any further tightening of
monetary policy – assuming that
it had started to edge up interest
rates early on in 2016.”
David Stubbs, global market
strategist at JP Morgan Asset
Management, does not see how
a Brexit would make the UK a
better place to invest in. “I think
it would make it worse,” he said,
highlighting the potential for
overseas interest to soften as
investors look elsewhere.
This is a pattern Stubbs believes
could spread into the property
market too. SG Wealth Management
director Neil Shillito agrees:
“Foreign investors may well be put
off and see the UK as less secure an
investment – the safe haven aspect
would be diminished. I think the
market could haemorrhage m