Fact sheet: Schroder ISF Italian Eq

Fund information
Fund name
Schroder ISF Italian Equity A1 NAV
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund managers
  • Hannah Pipersince 15/09/2011
  • Nicholette MacDonald-Brownsince 15/09/2011
Fund objective
To provide capital growth primarily through investment in equity securities of Italian companies.
Benchmark
  • FTSE Italia All-Share Index
Investment style
Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
-21.6%
1 Year rank in sector
87/91
Sector
FO Equity - Europe Single Country
Yield
1%
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.
2.42%
Fund size
£296m (£356m 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.
119
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Fund name1 Year
Pictet Russian Equities68.4%
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Pictet Russia Index48.5%
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...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • Italy97.9%
    Not Specified2.1%
  • Financials32.1%
    Utilities16%
    Consumer Discretionary14.3%
    Energy12.6%
    Industrials9.9%
  • Italian Equities97.9%
    Money Market2.5%
    Others-0.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.9%-4.5%-8.1%-21.6%-1.3%45%
Sector-1%-0.4%2.5%-0.4%14.6%56.8%
Rank within sector76 / 9372 / 9383 / 9387 / 9167 / 8255 / 77
Quartile4th4th4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-18.8%21.1%0.7%27.2%18.3%
Sector3.6%9.2%1.7%17.5%18.4%
Rank within sector90 / 9316 / 8958 / 8230 / 7941 / 77
Quartile4th1st3rd2nd3rd
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.
-3.73
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.
1.07
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%.
16.24
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.
10.64
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.
-0.37
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.
0.58
Price movement
52 week high30.84
52 week low22.87
Current bid price-
Current offer price-
Current mid price24.3
Region
1Italy97.89%
2Not Specified2.11%
Industry sector
1Financials32.08%
2Utilities16.03%
3Consumer Discretionary14.26%
4Energy12.65%
5Industrials9.89%
6Telecommunications Utilities6.48%
7Health Care4.85%
8Others2.11%
9Consumer Staples1.66%
Asset type
1Italian Equities97.89%
2Money Market2.53%
3Others-0.42%
Individual holdings
1ENI9.62%
2ENEL SPA7.9%
3INTESA SANPAOLO SPA6.22%
4SNAM SPA4.39%
5UNICREDIT SPA4.15%
6TELECOM ITALIA SPA(NEW)4%
7INTESA SANPAOLO SPA3.32%
8ASSICURAZIONI GENERALI SPA3.04%
9TENARIS S.A.3.02%
Management
Fund manager group
Schroders
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund objective
To provide capital growth primarily through investment in equity securities of Italian companies.
Benchmark
  • FTSE Italia All-Share Index
Investment style
Concentrated,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Hannah Piper15/09/2011Hannah graduated from Durham University with a 1st Class Honours BSc degree in Natural Sciences before joining PwC where she qualified as a Chartered Accountant. She joined Schroders in July 2012, as an analyst in the European Small Cap Team. Prior to this she spent 18 months at UBS as a UK Chemicals research analyst.
Nicholette MacDonald-Brown15/09/2011Nicholette joined Schroders in August 2011 as a portfolio manager in the European Equity Team. Previously, she spent 11 years at Goldman Sachs where she worked in a variety of roles, most recently as an investment professional for Goldman Sachs Investment Partners, a global multi asset class hedge fund where she was responsible for the European Industrial, Utility, Infrastructure and travel and leisure sectors. Previous roles included research and portfolio management responsibilities for Global and EAFE products, and Co-Head of the European Small Cap Equity Team. Her investment career commenced in 2000. She is a CFA Charterholder and holds a degree in Economics and Politics.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bulgaria, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Gibraltar, Greece, Hungary, Italy, Republic Of Korea, Luxembourg, Macau, Netherlands, Norway, Offshore, Peru, Poland, Portugal, Sweden, Taiwan - Province Of China
Schroder ISF Italian Equity A Acc
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.68%
Bid price26.8648
Offer price28.2787
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSS98
Schroder ISF Italian Equity A Acc NAV
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price26.8648
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDUU6
Schroder ISF Italian Equity A Dis
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.68%
Bid price21.2133
Offer price22.3298
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeSH23
Schroder ISF Italian Equity A Dis NAV
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price21.2133
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDUU7
Schroder ISF Italian Equity A1
Initial charge4%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.42%
Total expense ratio (TER)2.43%
Bid price24.2953
Offer price25.3076
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIZ53
Schroder ISF Italian Equity A1 NAV
Initial charge4%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.42%
Total expense ratio (TER)2.43%
Bid price-
Offer price-
Mid price24.2953
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDUU8
Schroder ISF Italian Equity B Acc
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.27%
Total expense ratio (TER)2.28%
Bid price24.017
Offer price24.017
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSS99
Schroder ISF Italian Equity B Acc NAV
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.27%
Total expense ratio (TER)2.28%
Bid price-
Offer price-
Mid price24.017
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDUU9
Schroder ISF Italian Equity B Dis
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.27%
Total expense ratio (TER)2.28%
Bid price20.7117
Offer price20.7117
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeSS01
Schroder ISF Italian Equity B Dis NAV
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.27%
Total expense ratio (TER)2.28%
Bid price-
Offer price-
Mid price20.7117
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDUV0
Schroder ISF Italian Equity C Acc
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)1.08%
Bid price32.2087
Offer price32.534
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeSM64
Schroder ISF Italian Equity C Acc NAV
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)1.08%
Bid price-
Offer price-
Mid price32.2087
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDUV2
Schroder ISF Italian Equity I Acc
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.07%
Total expense ratio (TER)0.08%
Bid price37.2779
Offer price37.2779
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIZ88
Schroder ISF Italian Equity I Acc NAV
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.07%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price37.2779
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDUV4
Data provided by

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