Fact sheet: Schroder EurpEqtyAbsRet

Fund information
Fund name
Schroder European Equity Absolute Return P2 EUR
Fund manager company
Schroder UT Managers
Fund type
OEIC
Fund managers
  • Steve Cordellsince 01/06/2011
Fund objective
The Fund aims to achieve an absolute return by investing in equity and equity related securities of European companies. Absolute return means the Fund seeks to provide a positive return over rolling 12-month periods in all market conditions, but this cannot be guaranteed and your capital is at risk.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
-1.7%
1 Year rank in sector
58/71
Sector
UT Targeted Absolute Return
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.94%
Fund size
£127m (£231m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
77
Mid price
113.1
Top in this sector
Fund name1 Year
7IM Unconstrained15.4%
FP Pictet Multi Asset Portfolio14%
S&W Saltus Wealth13.8%
VT iFunds Absolute Rtn Orange13.2%
Majedie Tortoise12.8%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%0.6%0.3%-1.7%-2.8%7.3%
Sector0.3%1%1.1%2.7%5.9%15.8%
Rank within sector14 / 7745 / 7758 / 7458 / 7150 / 5541 / 46
Quartile1st3rd4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund0.6%-3.5%4.1%-4.4%9.5%
Sector0.9%1%2.2%2.5%6.5%
Rank within sector43 / 7760 / 7018 / 6454 / 5517 / 50
Quartile3rd4th2nd4th2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-3.77
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.04
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
3.74
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.26
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-1.15
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.24
Price movement
52 week high115.6
52 week low110.2
Current bid price-
Current offer price-
Current mid price113.1
Region
No data available.
Industry sector
1Financials11.46%
2Industrials9.88%
3Technology9.22%
4Basic Materials7.39%
5Oil & Gas6.43%
6Telecommunications6.1%
7Consumer Goods3.71%
8Utilities2.36%
9Consumer Services1.93%
Asset type
No data available.
Individual holdings
1MICRO FOCUS INTERNATIONAL4.5%
2ST MICROELECTRONICS3.49%
3IMERYS SA2.73%
4ALLIANZ SE2.4%
5SEVERN TRENT PLC2.36%
6NEXITY2.29%
7BAYER AG2.21%
8ORANGE SA2.13%
9ROYAL DUTCH SHELL2.11%
Management
Fund manager group
Schroders
Fund manager company
Schroder UT Managers
Fund type
OEIC
Fund objective
The Fund aims to achieve an absolute return by investing in equity and equity related securities of European companies. Absolute return means the Fund seeks to provide a positive return over rolling 12-month periods in all market conditions, but this cannot be guaranteed and your capital is at risk.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Fund managers
NameSinceBiography
Steve Cordell01/06/2011Steve Cordell, Fund Manager, Steve moved across to Schroders as part of the takeover of Cazenove Capital in July 2013. Originally joined Cazenove in 2002. He is the manager of Schroder European Opportunities Fund, Schroder ISF European Opportunities, Schroder ISF European Equity ex. UK, Schroder ISF European Equity Absolute Return and Schroder UK Absolute Target. Steve joined from HSBC Asset Management (Europe) Ltd where he was responsible for the multi award-winning AA-rated HGIF Pan European fund and several other retail and institutional Pan-European portfolios. Graduated from Trinity College, Oxford with a First Class (Hons) in Modern Languages. 20 years of investment experience.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Jersey, Luxembourg, Netherlands, Singapore, Sweden
Schroder European Equity Absolute Return P1 EUR
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111
CurrencyEUX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJKRI
Schroder European Equity Absolute Return P1 Hedged GBP
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.7
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCNB8
Schroder European Equity Absolute Return P2 EUR
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.1
CurrencyEUX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCNC1
Schroder European Equity Absolute Return P2 Hedged GBP
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price124.2
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCNC0
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.