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
1.5%
1 Year rank in sector
82/92
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
£299m (£422m 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.
127
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Pictet Russian Equities141.5%
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...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • Italy96%
    France2.8%
    Not Specified1.2%
  • Financials33.7%
    Energy16.7%
    Consumer Discretionary12.7%
    Utilities11.7%
    Industrials8.8%
  • Italian Equities96%
    French Equities2.8%
    Money Market1.4%
    Others-0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.5%11.5%10.9%1.5%8.1%66.8%
Sector2.1%6.1%8.9%21.5%21.5%64%
Rank within sector45 / 9215 / 9235 / 9282 / 9262 / 8142 / 77
Quartile2nd1st2nd4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.4%-9.3%21.1%0.7%27.2%
Sector1.2%9.6%9.2%1.7%17.5%
Rank within sector47 / 9187 / 9216 / 8857 / 8130 / 79
Quartile3rd4th1st3rd2nd
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.
-3.46
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.
1.17
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%.
17.93
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.
11.41
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.
-0.27
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.
0.6
Price movement
52 week high27.81
52 week low22.87
Current bid price-
Current offer price-
Current mid price27.53
Region
1Italy95.97%
2France2.82%
3Not Specified1.21%
Industry sector
1Financials33.7%
2Energy16.67%
3Consumer Discretionary12.66%
4Utilities11.73%
5Industrials8.82%
6Telecommunications Utilities6.84%
7Health Care4%
8Information Technology2.82%
9Consumer Staples1.57%
Asset type
1Italian Equities95.97%
2French Equities2.82%
3Money Market1.36%
4Others-0.15%
Individual holdings
1ENI10.1%
2ENEL SPA8.38%
3ASSICURAZIONI GENERALI SPA5.88%
4INTESA SANPAOLO SPA5.77%
5UNICREDIT SPA5.39%
6TELECOM ITALIA SPA(NEW)4.14%
7TENARIS S.A.3.81%
8INTESA SANPAOLO SPA3.35%
9ST MICROELECTRONICS2.82%
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 price30.4672
Offer price32.0707
Mid price-
CurrencyEUR
Price updated16/01/2017
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 price30.4672
CurrencyEUR
Price updated16/01/2017
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 price23.4614
Offer price24.6962
Mid price-
CurrencyEUR
Price updated16/01/2017
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 price23.4614
CurrencyEUR
Price updated16/01/2017
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 price27.5272
Offer price28.6742
Mid price-
CurrencyEUR
Price updated16/01/2017
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 price27.5272
CurrencyEUR
Price updated16/01/2017
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 price27.217
Offer price27.217
Mid price-
CurrencyEUR
Price updated16/01/2017
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 price27.217
CurrencyEUR
Price updated16/01/2017
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 price22.8859
Offer price22.8859
Mid price-
CurrencyEUR
Price updated16/01/2017
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 price22.8859
CurrencyEUR
Price updated16/01/2017
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 price36.5529
Offer price36.9221
Mid price-
CurrencyEUR
Price updated16/01/2017
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 price36.5529
CurrencyEUR
Price updated16/01/2017
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 price42.3584
Offer price42.3584
Mid price-
CurrencyEUR
Price updated16/01/2017
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 price42.3584
CurrencyEUR
Price updated16/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDUV4
Data provided by

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