Q&A: Schroders Income Fund

Q.1. Tell us a little about how the fund is managed?

Value investing is a proven, long-term approach which focuses on exploiting swings in stock market sentiment, targeting companies which are valued at less than their true worth and waiting for a correction. The team aim to share the thoughts, opinions and passions of six experts in this field, along with independent commentators, providing greater insight into this often poorly understood area of equity investing.

Stock-picking forms the foundation of our investing, and we are committed and disciplined value investors. We believe that stock markets are inefficient. The major assumption underlying much of modern day economic theory, including the principal theory of efficient markets, is that people are rational. In reality, people experience emotions and inherent biases which cause irrational decisions to be made. In investment markets, this can cause company share prices to deviate from the underlying company fundamentals and t