Fact sheet: Schroder REIT

Fund information
Fund name
Schroder Real Estate Investment Trust Limited Ord
Fund manager company
Schroder Real Estate Mgmt
Fund type
Investment Trust
Fund managers
  • Duncan Owensince 16/07/2004
  • Nick Montgomerysince 16/07/2004
Fund objective
The investment objective of the Company is to provide Shareholders with an attractive level of income together with the potential for income and capital growth through investing predominantly in UK commercial real estate.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Physical
Quick stats
1 Year return
12.1%
1 Year rank in sector
4/11
Sector
IT Property - Direct UK
Yield
3.6%
Fund size
£331m
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.
109
Mid price
63.75
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
61.8
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
+3.16
Top in this sector
Fund name1 Year
Picton Prop Inc Ltd26.5%
F&C Commercial Property15.8%
Custodian REIT PLC Ord 1P12.5%
Schroder REIT12.1%
Stand Life Inv Prop Inc Tst11.9%
...more in IT Property - Direct UK

Performance snapshot

Holdings snapshot

  • South East UK36.5%
    Scotland28.5%
    Midlands27.2%
    Central London7.8%
  • Offices - Property40.3%
    Retail - Property31.1%
    Industrial - Property23.2%
    Other - Property5.4%
  • Property100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund6.7%12.9%13.6%12.1%37.4%148.2%
Sector3.4%6.3%10.1%10.9%34.1%77.2%
Rank within sector1 / 121 / 114 / 114 / 115 / 72 / 6
Quartile1st1st2nd2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund12.9%-0.2%4.2%24.6%36.9%
Sector6.3%5.2%7.8%16.5%29.8%
Rank within sector2 / 1111 / 116 / 81 / 63 / 6
Quartile1st4th3rd1st2nd
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.
-5.96
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.
1.8
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.
0.51
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%.
14.43
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.
9.92
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.
0.08
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.
0.67
Price movement
52 week high65
52 week low44
Current bid price63.75
Current offer price64
Current mid price63.75
Region
1South East UK36.5%
2Scotland28.5%
3Midlands27.2%
4Central London7.8%
Industry sector
1Offices - Property40.3%
2Retail - Property31.1%
3Industrial - Property23.2%
4Other - Property5.4%
Asset type
1Property100%
Individual holdings
1MANCHESTER. CITY TOWER (25% INTEREST)9.2%
2LONDON. BLOOMSBURY. STORE STREET (50% INTEREST)7.8%
3BEDFORD. ST. JOHN’S RETAIL PARK7.5%
4BRIGHTON. VICTORY HOUSE6.6%
5LEEDS. MILLSHAW INDUSTRIAL ESTATE5.5%
6LEEDS. HEADINGLEY. THE ARNDALE CENTRE4.7%
7MILTON KEYNES. STACEY BUSHES INDUSTRIAL ESTATE4.6%
8UXBRIDGE. 106 OXFORD ROAD4%
9LUTON. THE GALAXY3.2%
Management
Fund manager group
No data available.
Fund manager company
Schroder Real Estate Mgmt
Fund type
Investment Trust
Fund objective
The investment objective of the Company is to provide Shareholders with an attractive level of income together with the potential for income and capital growth through investing predominantly in UK commercial real estate.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Physical
Fund managers
NameSinceBiography
Duncan Owen16/07/2004Duncan joined Insight Investment in October 2003 as managing director of the Property Division. Prior to joining Insight, Duncan was a founding partner of the specialist boutique, Gatehouse Investment Management, most recently helping establish and acting as the property investment manager to the Westbury Property Fund. Before this he was a director / investment manager LaSalle Investment Management, managing a number of significant UK pension funds and building pan-European portfolios for major European investors. Duncan holds a BA in Urban Land Economics from Sheffield University and a Diploma in Business Administration from Insead Business School. He is a qualified chartered surveyor.
Nick Montgomery16/07/2004Nick Montgomery joined SPrIM in January 2012 from Invista Real Estate Investment Management Limited where he was Head of UK Commercial Funds and was responsible for managing the Company's portfolio. Previously Nick worked at Gatehouse Investment Management, managing the Westbury Property Fund and identifying and acquiring property assets with third party equity and debt. He started his investment management career in 1999 at LaSalle Investment Management managing institutional pension fund property portfolios. Nick holds a BSc (Hons) in Estate Surveying from Nottingham Trent University. He is a member of the Royal Institution of Chartered Surveyors and an FSA approved person.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Offshore
Schroder Real Estate Investment Trust Limited Ord
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price61.8
CurrencyGBX
Price updated31/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNNZF
Data provided by

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