Fact sheet: Schroder ISF Eur EqAbsRet

Fund information
Fund name
Schroder ISF European Equity Absolute Return C Acc NAV EUR
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund manager
  • Steve Cordellsince 30/10/2003
Fund objective
The fund aims to provide an absolute return of capital growth by investing directly, or indirectly through derivatives, in equities of European companies.Absolute return means the fund seeks to provide a positive return over a period of up to 12 months in all market conditions, but this cannot be guaranteed and your capital is at risk. The fund invests at least two-thirds of its assets directly, or indirectly through derivatives, in equities of European companies.The fund may also (exceptionally) hold up to 100% of its assets in cash. The fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the fund more efficiently. The fund may use leverage and take short positions.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
-1.3%
1 Year rank in sector
119/134
Sector
FO 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.
1.07%
Fund size
£413m (£388m 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.
30
Top in this sector
Fund name1 Year
Polar Capital UK Abs Eq27.3%
SW Mitchell Emerging European27.1%
SWMC UK24.9%
SWMC European19.9%
F&C Ml Strat Gbl Eq16.4%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%0.5%1.4%-1.3%7.1%37.4%
Sector0.4%0.6%2.2%2.9%3.4%10.6%
Rank within sector137 / 14984 / 14881 / 139119 / 13422 / 894 / 66
Quartile4th3rd3rd4th1st1st
Calendar performance
 YTD - 20172016201520142013
Fund0.1%-3.4%8%0.4%16.7%
Sector1.6%0.7%0.7%1.2%3.6%
Rank within sector116 / 146107 / 12714 / 11251 / 867 / 71
Quartile4th4th1st3rd1st
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.
1.64
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.
0.64
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%.
4.05
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.
3.93
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.
0.29
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.
0.08
Price movement
52 week high105.34
52 week low101.18
Current bid price-
Current offer price-
Current mid price103.46
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1MICRO FOCUS INTERNATIONAL PLC3.6%
2IMERYS SA3.5%
3NEXITY3.5%
4RENTOKIL INITIAL3.4%
5SAGE GROUP3.2%
6KONINKLIJKE AHOLD DELHAIZE NV2.6%
7IMPERIAL TOBACCO GROUP PLC2.5%
8COM HEM HLDG AB2.2%
9ORANGE BELGIUM2.1%
Management
Fund manager group
Schroders
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund objective
The fund aims to provide an absolute return of capital growth by investing directly, or indirectly through derivatives, in equities of European companies.Absolute return means the fund seeks to provide a positive return over a period of up to 12 months in all market conditions, but this cannot be guaranteed and your capital is at risk. The fund invests at least two-thirds of its assets directly, or indirectly through derivatives, in equities of European companies.The fund may also (exceptionally) hold up to 100% of its assets in cash. The fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the fund more efficiently. The fund may use leverage and take short positions.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Fund manager
NameSinceBiography
Steve Cordell30/10/2003Steve 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, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bulgaria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Hungary, Ireland, Iceland, Italy, Luxembourg, Netherlands, Norway, Offshore, Poland, Portugal, Sweden
Schroder ISF European Equity Absolute Return A Acc EUR
Initial charge3%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)2.45%
Bid price100.7137
Offer price103.8286
Mid price-
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJ4T
Schroder ISF European Equity Absolute Return A Acc NAV EUR
Initial charge3%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)2.45%
Bid price-
Offer price-
Mid price100.7137
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJ4U
Schroder ISF European Equity Absolute Return A Hedged Acc NAV USD
Initial charge3%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)2.45%
Bid price-
Offer price-
Mid price103.1764
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK6T
Schroder ISF European Equity Absolute Return A Hedged Acc USD
Initial charge3%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)2.45%
Bid price103.1764
Offer price106.3674
Mid price-
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK6S
Schroder ISF European Equity Absolute Return A1 Hedged Acc NAV USD
Initial charge2%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.37%
Total expense ratio (TER)2.95%
Bid price-
Offer price-
Mid price101.9839
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJTD
Schroder ISF European Equity Absolute Return A1 Hedged Acc USD
Initial charge2%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.37%
Total expense ratio (TER)2.95%
Bid price101.9839
Offer price104.0652
Mid price-
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJTC
Schroder ISF European Equity Absolute Return B Acc EUR
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.37%
Total expense ratio (TER)2.95%
Bid price99.301
Offer price99.301
Mid price-
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJ4V
Schroder ISF European Equity Absolute Return B Acc NAV EUR
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.37%
Total expense ratio (TER)2.95%
Bid price-
Offer price-
Mid price99.301
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJ4W
Schroder ISF European Equity Absolute Return B Hedged Acc NAV USD
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.37%
Total expense ratio (TER)2.95%
Bid price-
Offer price-
Mid price101.993
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJTF
Schroder ISF European Equity Absolute Return B Hedged Acc USD
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.37%
Total expense ratio (TER)2.95%
Bid price101.993
Offer price101.993
Mid price-
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJTE
Schroder ISF European Equity Absolute Return C Acc EUR
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.35%
Bid price103.4605
Offer price104.5056
Mid price-
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFH0E
Schroder ISF European Equity Absolute Return C Acc NAV EUR
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price103.4605
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFH0D
Schroder ISF European Equity Absolute Return C Hedged Acc GBP
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.35%
Bid price106.4227
Offer price107.4977
Mid price-
CurrencyGBP
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFH0J
Schroder ISF European Equity Absolute Return C Hedged Acc NAV USD
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price106.3802
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFH0I
Schroder ISF European Equity Absolute Return C Hedged Acc Nav GBP
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price106.4227
CurrencyGBP
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFH0H
Schroder ISF European Equity Absolute Return C Hedged Acc USD
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.35%
Bid price106.3802
Offer price107.4547
Mid price-
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFH0K
Schroder ISF European Equity Absolute Return R Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.35%
Bid price103.8549
Offer price103.8549
Mid price-
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFH0G
Schroder ISF European Equity Absolute Return R Acc NAV EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price103.8549
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFH0F
Schroder ISF European Equity Absolute Return R Hedged Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.35%
Bid price106.0786
Offer price106.0786
Mid price-
CurrencyGBP
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFH0N
Schroder ISF European Equity Absolute Return R Hedged Acc NAV USD
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price106.3151
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFH0M
Schroder ISF European Equity Absolute Return R Hedged Acc Nav GBP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price106.0786
CurrencyGBP
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFH0L
Schroder ISF European Equity Absolute Return R Hedged Acc USD
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.35%
Bid price106.3151
Offer price106.3151
Mid price-
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFH0O
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.