1Q
Global Multi-Asset Income Fund
2016
Investor: SGMNX | Advisor: SGMVX
Fund overview
Total Net Assets ($million)
— Seeks to maximize risk-adjusted income by dynamically investing across a diversified portfolio of global
equities, global fixed income and alternative asset classes around the globe
Fund: 26.7
— Offers investors the potential to fulfill a broad range of goals, including the enhancement of income and
the reduction of risk—both in and out of retirement
Effective Duration (Years)1
— Aims to generate an attractive level of income on a sustainable basis through security selection and
active asset allocation
Fund: 3.13
— Benchmark unconstrained and can invest flexibly across countries, sectors and markets
SEC 30 Day Yield (%)2
— Robust risk management process
Fund: 3.61
Fund statistics
30-Day Unsubsidized Yield (%)3
Asset allocation (%)
Regional breakdown (%)
Net Equities
25.4
US High Yield
21.6
Government Bonds
5.2
EMD US$
8.0
EMD Local Currency
8.1
Alternatives
Europe ex
UK, 16.5%
Volatility (%)4
Japan,
1.4%
Asia Pacific
ex JP,
2.4%
14.7
US Corporate Bonds
1.3
Cash
13.2
0
5
10
15
20
25
30
North
America,
50.6%
35
Sector breakdown (%)
Currency exposure (%)
Consumer Discret.
US Dollar†
Other EM
Brazilian Real
Turkish Lira
South African Rand
Swiss Franc
Mexican Peso
Euro
Russian Ruble
Czech Koruna
Other‡
Canadian Dollar
Australian Dollar
British Pound Sterling
Malaysian Ringgit
Korean Won
Singaporean Dollar
Taiwanese Dollar
8.8
Consumer Staples
4.5
Energy
7.7
Financials
10.6
Government
19.5
Health Care
5.5
4.0
Industrials
5.9
Materials
2.7
Other*
5.9
Telecom
6.4
Utilities
4.3
Cash
13.2
0
Fund: 4.96
Total net assets include all share classes of
the Fund. Volatility is annualized since
inception.
UK, 9.6%
2.4
Municipal Bonds
Info Technology
Fund: 2.40
Emerging
Markets,
19.9%
5
10
15
20
25
103.4
2.9
2.9
2.1
2.1
2.0
1.1
1.1
1.1
1.1
0.4
- 1.7
- 1.7
- 1.9
- 2.0
- 4.0
- 4.0
- 5.0
-40 -20
0
20 40 60
80 100 120 140
Source: Schroders. Asset allocation reflects percent of market value, on a net-adjusted basis. Net Equities are the total
physical stock exposure (33.8%) less the exposure due to derivative futures positions.* Other includes Agency and
Local/Provincial. † US dollar exposure includes Hong Kong. ‡ Other refers to Danish krone, Norwegian krone, Swedish
krona and Japanese yen currencies. May not add to 100% due to rounding.
Data as of March 31, 2016
NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE
Schroder Global Multi-Asset Income Fund is a series of shares of Schroder Series Trust.
schroderfunds.com
Please consider a fund’s investment objectives, risks, charges and expenses carefully before investing. For a free prospectus, which contains this and other
information on any Schroders fund, visit www.schroderfunds.com, call your financial advisor or call (800) 730-2932. Read the prospectus carefully before investing.
Schroder Global Multi-Asset Income Fund
Performance* (%)
As of March 31, 2016
10
8
6
4
2
0
-2
-4
-6
-8
-10
Investor Shares
Advisor Shares
Fees and Expenses
(%) as of
March 17, 2016
Custom Index
4.13
2.87
2.81
- 4.26
- 7.13
1 Year
Fund information
Dividend Frequency
Morningstar Category
2.07
2.32
Net
0.87
1.12
Since Inception
* Please see below for notes accompanying this update. The notes include a description of the index and certain risks
associated with investing in the fund.
Inception Date
Gross
- 4.48
- 7.25
Performance shown represents past performance. Past performance is no guarantee of future
results and current performance may be higher or lower than the performance shown. Principal
value and investment returns will fluctuate so that shares, when redeemed,
redeemed, may be worth more or
less than their original cost. For the most recent monthmonth-end performance, visit
www.schroderfunds.com or call (800) 730730-2932. Performance for periods less than one year is
not annualized and performance of periods greater than one year
ye ar is annualized.
CUSIP
Advisor
Shares
2.13
- 0.33
QTD
Investor
Shares
In order to limit the Fund's expenses, the Fund's
adviser has contractually agreed through February
28, 2017 to waive its fees, pay Fund operating
expenses, and/or reimburse the Fund to the extent
that Total Annual Fund Operating Expenses (other
than acquired fund fees and expenses, other
indirect acquired fund expenses, interest, taxes,
and extraordinary expenses), for the Fund's Investor
Shares, exceed 0.85% of Investor Shares' average
daily net assets and, for the Fund's Advisor Shares,
exceed 1.10% of Advisor Shares' average daily net
assets. The expense limitation may only be
terminated during its term by the Board of Trustees.
Management team
Investor Shares
Advisor Shares
808090617
808090625
6/23/2014
6/23/2014
Monthly
Monthly
World Allocation
World Allocation
— Managed by Aymeric Forest, member of the Multi-Asset team
— $116.1 billion in AUM globally supported by a team of over 200
investment professionals from Multi-Asset and Fixed Income teams
— Managing multi-asset mandates since 1947
Risk: All investments involve risks including the risk of possible loss of principal. The market value of a fund's portfolio may decline as a result of a number
of factors, including interest rate risk, credit risk, inflation/deflation risk, mortgage and asset-backed securities risk, US Government securities risk, foreign
investment risk, derivative risk and liquidity risk. Frequent trading of the Fund's portfolio may result in relatively high transaction costs and may result in
taxable capital gains. The use of derivatives involves risks different from, or possibly greater than, the risks associated with investing directly in the
underlying assets. Investing overseas involves special risks including among others, risk related to political or economic instability, foreign currency (such as
exchange, valuation, and fluctuation) risk, market entry or exit restrictions, illiquidity and taxation. These risks exist to a greater extent in emerging markets
than in developed markets. Please see the prospectus for a full description of the risks associated with the Fund.
Important Information: Source: Schroders. Performance: Total return figures are net of fees and expenses, which includes a .25% distribution fee paid under rule 12b-1 for
Advisor Shares only, and reflect reinvestment of all dividends and distributions at net asset value. As described in the prospectus, during certain periods shown, the expenses
borne by the Fund were limited by the investment adviser; otherwise total return would have been lower. Index: 70% JPM Global Aggregate Bond Index, a U.S. dollar
denominated, investment-grade index spanning asset classes from developed to emerging markets, and extends the U.S. index to also include multi-currency, investment-grade
instruments. 30% MSCI AC World Index, a market weighted index composed of companies representative of the market structure of certain companies located in Europe,
Australasia and the Far East, and reflects the dividends net of nonrecoverable withholding tax. Investors may not invest directly in an index. MSCI makes no express or implied
warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a
basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to
constitute any kind of investment decision and may not be relied on as such. Sector/Securities: Securities holdings, sector breakdowns and credit quality indicate
characteristics as of a point in time and may not be representative of the Fund's current or future investments. Portfolio sectors/securities and allocations are subject to change at
any time and should not be viewed as a recommendation to buy/sell. Credit/Quality: Schroders receives credit quality ratings on underlying securities of the Fund from the three
major reporting agencies - S&P, Moody's and Fitch. When calculating the credit quality breakdown, Schroders uses the average rating of the agencies. Securities that are not
rated by all three agencies are reflected as such. The ratings exclude forwards, futures, equity related, synthetic cash, cash and cash equivalents. Schroders converts all ratings
to the equivalent S&P major rating category for purposes of the category shown. Definitions: 1 Effective duration measures the security’s price sensitivity to changes in interest
rates. 2 SEC 30 day yield reflects the dividends and interest earned during the most recent 30-day period, after the deduction of the Fund’s expenses. 3 30-Day unsubsidized
yield does not reflect waivers. 4 Volatility is the total (gross) risk to an asset, which is the standard deviation of the asset’s total return distribution, expressed in percent. Schroder
Fund Advisors LLC, Member FINRA, SIPC – 875 Third Avenue, New York, NY 10022-6225 (800) 730-2932
FS-GMAI