29
          
        
        
          itself in relatively cautious portfolios
        
        
          whilst we await a more attractive risk
        
        
          reward trade off across asset classes.’
        
        
          What are the risks?
        
        
          Past performance is not a guide to
        
        
          future performance and may not be
        
        
          repeated. The value of investments
        
        
          and the income from themmay go
        
        
          down as well as up and investors may
        
        
          not get back the amount originally
        
        
          invested.
        
        
          With some of the Schroder Multi-
        
        
          Manager Diversity funds currency
        
        
          fluctuations may adversely affect the
        
        
          value of investments and the income
        
        
          thereon. Some of the Schroder Multi-
        
        
          Manager Diversity funds invest partly
        
        
          in emerging markets.
        
        
          Investing in emerging markets can be
        
        
          extremely volatile, involving a higher
        
        
          than average risk compared with
        
        
          investing in established markets. The
        
        
          levels and basis of, and reliefs from,
        
        
          taxation may change. Investors should
        
        
          obtain professional advice on taxation
        
        
          where appropriate before proceeding
        
        
          with any investment.
        
        
          The funds will invest mainly in
        
        
          collective investment schemes which
        
        
          themselves may invest in bonds,
        
        
          equities and alternative investments
        
        
          each of which will have specific risks
        
        
          as detailed in the full Prospectus.
        
        
          Derivative instruments may be used in
        
        
          the funds for the purposes of efficient
        
        
          portfolio management only.
        
        
          This should not lead to an increase in
        
        
          the risk to the funds. The managers
        
        
          will employ a risk management process
        
        
          to manage any derivative exposure
        
        
          achieved for the purposes of efficient
        
        
          portfolio management. Schroders
        
        
          Multi-Manager Diversity range is
        
        
          available to buy through a number of
        
        
          fund supermarkets and investment
        
        
          platforms but it’s important to ensure
        
        
          you get the right advice before you
        
        
          invest. A financial adviser will work
        
        
          with you to determine your investment
        
        
          objectives and the level of risk you’re
        
        
          comfortable taking with your money.
        
        
          You can find a financial adviser at
        
        
        
          or
        
        
        
          For further information, including the
        
        
          Key Investor Information Documents
        
        
          and Prospectuses for the funds, visit
        
        
        
          or phone Investor Services on 0800
        
        
          718 777 (for your security, calls will be
        
        
          recorded).
        
        
          *Source Schroders October 2014
        
        
          Issued in October 2014 by Schroder
        
        
          Unit Trusts Limited, 31 Gresham
        
        
          Street, London EC2V 7QA. Registered
        
        
          No: 4191730 England. Authorised and
        
        
          regulated by the Financial Conduct
        
        
          Authority. UK08242
        
        
        
          ‘EACH FUND HAS A DIFFERENT TARGET AND WE AIM TO DELIVER RETURNS WITH LESS VOLATILITY
        
        
          THAN OTHER SIMILAR FUNDS IN THE MARKET, ALTHOUGH THIS IS NOT GUARANTEED,’