The fund will make commitments across a range of asset classes with the aim of generating returns under all economic conditions.
It is being managed by Malcolm Melville, part of the EMD, Currency and Commodity group which has more than $14.3bn in assets under management.
The fund has a minimum initial investment of $1,000 and its annual management charge is 1.5%.
Melville said: “We are currently seeing a wealth of opportunities across the investment universe, which the flexible nature of Schroder ISF Wealth Preservation USD allows us to benefit from. The freedom and flexibility of this approach allows us to make high conviction investments in the best opportunities from around the world and position the portfolio according to the current market environment.
“By utilising a proven, disciplined investment process, combined with a strong research team across a wide range of asset classes, we expect to be able to offer consistent returns that comfortably beat inflation.”
The fund will build an “all weather” portfolio, spanning the absolute/total return and real return categories, and it will not use shorts, leverage or complex derivatives.
Peter Beckett, head of international marketing said: “We believe that we are currently moving towards a global inflationary environment and, as a result, expect to see considerable client demand for products that can preserve wealth and provide a real return that can protect them against inflation, while limiting the downside in less favourable market environments.”