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 17/07/2008
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
-2.3%
1 Year rank in sector
57/72
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.
0.92%
Fund size
£175m (£256m 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.
70
Mid price
112.6
Top in this sector
Fund name1 Year
Majedie Tortoise25.5%
Jupiter Absolute Return11.9%
CF Ruffer Absolute Return9.7%
7IM Unconstrained9.6%
IFSL Brooks Macdonald DC8.6%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

  • No data available.
  • Financials13.4%
    Industrials12.1%
    Technology11.6%
    Telecommunications7.4%
    Oil & Gas5.7%
  • No data available.

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.1%-0.8%-1.6%-2.3%-3.9%9.5%
Sector-0.2%-0.1%1.3%0.4%6%15.4%
Rank within sector9 / 7453 / 7461 / 7257 / 7255 / 5840 / 47
Quartile1st3rd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-3.3%4.1%-4.4%9.5%3.5%
Sector0.3%2.2%2.5%6.5%3.3%
Rank within sector59 / 7218 / 6756 / 5819 / 5331 / 47
Quartile4th2nd4th2nd3rd
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.
-3.76
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.
0.94
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%.
3.42
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.
2.97
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.
-1.32
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.
0.25
Price movement
52 week high116.6
52 week low110.2
Current bid price-
Current offer price-
Current mid price112.6
Region
No data available.
Industry sector
1Financials13.35%
2Industrials12.05%
3Technology11.56%
4Telecommunications7.39%
5Oil & Gas5.72%
6Basic Materials4.11%
7Consumer Services3.46%
8Utilities2.87%
9Health Care2.56%
Asset type
No data available.
Individual holdings
1MICRO FOCUS INTERNATIONAL3.7%
2NEXITY3.6%
3IMERYS SA3.5%
4RENTOKIL INITIAL3.4%
5SAGE INTL GROUP LTD3.4%
6IMPERIAL BRANDS PLC2.5%
7KONINKLIJKE AHOLD DELHAIZE NV2.5%
8COM HEM HLDG AB2.3%
9THYSSENKRUPP AG2.2%
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 Cordell17/07/2008Steve 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)1.42%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price110.6
CurrencyEUX
Price updated08/12/2016
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)1.42%
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price119.1
CurrencyGBX
Price updated08/12/2016
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)0.92%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price112.6
CurrencyEUX
Price updated08/12/2016
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)0.92%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price123.3
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCNC0
Data provided by

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