Fact sheet: Schroder MM International

Fund information
Fund name
Schroder MM International Z Acc
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund managers
  • Robin McDonaldsince 23/10/2007
  • Marcus Brookessince 23/10/2007
  • Joe Le Jehansince 23/10/2007
Accolades
Fund objective
The fund aims to provide capital growth. The fund invests in a diversified portfolio of funds that invest in shares of companies worldwide. The fund may also invest directly in shares and money market instruments and hold cash and foreign currency on deposit. Investments are selected after rigorous assessment of each underlying fund's portfolio, its fund manager's style and how investments are made over the economic cycle. The fund may invest in any geographic region or economic sector. Derivatives may be used to reduce risk or manage the fund more efficiently.
Benchmark
  • FTSE All-World ex UK Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
34.4%
1 Year rank in sector
86/253
Sector
UT Global
Yield
0.2%
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.
1.43%
Fund size
£514m (£382m 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.
84
Top in this sector
Fund name1 Year
First State Gbl Resrcs65.8%
Natixis HarsAsGblConcntdEq55.1%
NFU Mutual Global Growth55%
R&M World Recovery54%
Investec Gbl Spcl Situations52.2%
...more in UT Global

Performance snapshot

Holdings snapshot

  • International26.9%
    USA21.8%
    Europe ex UK14.8%
    Japan12.9%
    Money Market10.1%
  • No data available.
  • International Equities26.9%
    US Equities21.8%
    Europe ex UK Equities14.8%
    Japanese Equities12.9%
    Money Market10.1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%6.8%11.9%34.4%50.2%100.1%
Sector2.7%7%10.1%30.7%39.3%68.7%
Rank within sector216 / 265162 / 26390 / 26086 / 25373 / 22931 / 204
Quartile4th3rd2nd2nd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund3%27.9%6%7.1%27.7%
Sector4.1%21%3.4%6.7%19.7%
Rank within sector221 / 26455 / 25077 / 238136 / 22531 / 213
Quartile4th1st2nd3rd1st
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.
2.8
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.
0.91
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.
1.13
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%.
9.56
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.
2.76
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.
0.64
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.
0.93
Price movement
52 week high157.8
52 week low117.2
Current bid price-
Current offer price-
Current mid price157.5
Region
1International26.93%
2USA21.82%
3Europe ex UK14.84%
4Japan12.85%
5Money Market10.06%
6Asia Pacific ex Japan6.11%
7Not Specified4.31%
8Global Emerging Markets3.08%
Industry sector
No data available.
Asset type
1International Equities26.92%
2US Equities21.82%
3Europe ex UK Equities14.84%
4Japanese Equities12.85%
5Money Market10.06%
6Asia Pacific ex Japan Equities6.11%
7Commodity & Energy4.31%
8Global Emerging Market Equities3.08%
Individual holdings
1GAM GLOBAL DIVERSIFIED INST ACC17.35%
2FINDLAY PARK AMERICAN USD15.69%
3GLG JAPAN CORE ALPHA D PROFESSIONAL INC8.79%
4JOHCM GLOBAL OPPORTUNITIES X GBP8.73%
5INVESCO PERPETUAL EUROPEAN EQUITY NO TRAIL ACC8.18%
6SCHRODER ISF US DOLLAR LIQUIDITY I ACC NAV USD7.6%
7THESIS TM SANDITON EUROPEAN F ACC6.57%
8FIDELITY INDEX US P INC6.24%
9HERMES ASIA EX JAPAN EQUITY F ACC GBP5.09%
Management
Fund manager group
Schroders
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund objective
The fund aims to provide capital growth. The fund invests in a diversified portfolio of funds that invest in shares of companies worldwide. The fund may also invest directly in shares and money market instruments and hold cash and foreign currency on deposit. Investments are selected after rigorous assessment of each underlying fund's portfolio, its fund manager's style and how investments are made over the economic cycle. The fund may invest in any geographic region or economic sector. Derivatives may be used to reduce risk or manage the fund more efficiently.
Benchmark
  • FTSE All-World ex UK Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Robin McDonald23/10/2007Robin McDonald joined Cazenove in October 2007. He is Co-Manager of Cazenove's Multi-Manager range of funds. Prior to joining Cazenove, Robin worked as an Analyst at Gartmore Investment Management, where his responsibilities included asset allocation, fund selection and portfolio construction. Prior to joining Gartmore, Robin held a similar position at Insight Investment, following its acquisition of Rothschild Asset Management in 2003. Robin is a Director of Cazenove Capital and has 13 years investment experience and is a CFA charterholder.
Marcus Brookes23/10/2007Marcus Brookes, Head of Multi-Manager, joined Schroders in July 2013 following the acquisition of Cazenove Capital. Previous to the acquisition he was the Head of Multi Manager at Cazenove Capital, which he joined in January 2008. Prior to this Marcus was the Deputy Head of Multi Manager at Gartmore, a position he held from November 2004. Up to this time he spent 3.5 years from May 2001 as the Co-Manager of Multi Manager, at Rothschild Asset Management. Marcus began his career on 28 September 1994 when he joined Friends, Ivory and Sime, where he became the Multi Manager Fund Manager. Marcus qualified from University of Stirling with MSc. Investment Analysis.
Joe Le Jehan23/10/2007Joe Le Jehan is a member of the Multi-Manager team. Joe joined from Brewin Dolphin. He graduated from the University of Durham with BA Hons Economics. Joe is a CFA Charterholder and a member of the CFA Society and has 12 years’ investment experience.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Schroder MM International A Acc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.93%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price153.6
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKR08
Schroder MM International A Inc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.93%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price153.2
CurrencyGBX
Price updated23/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKR09
Schroder MM International Z Acc
Initial charge-
Annual charge0.5%
Min single investment£25,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price157.5
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0ZW1
Schroder MM International Z Inc
Initial charge-
Annual charge0.5%
Min single investment£25,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price156.1
CurrencyGBX
Price updated23/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0ZW0
Data provided by

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