Fact sheet: Schroder Recovery

Fund information
Fund name
Schroder Recovery Z Acc
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund managers
  • Kevin Murphysince 20/07/2006
  • Nick Kirragesince 20/07/2006
Fund objective
The scheme's investment objective is to achieve capital growth for investors through investment in companies that have suffered a setback. The scheme invests primarily in UK quoted shares. The investments are selected from those companies that have suffered a setback in terms of profits or share prices, but where the management and the prospects are believed to be good. The fund may also invest in collective investment schemes, derivatives, warrants and money market instruments.
Benchmark
  • FTSE All Share Total Return Index
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
20.2%
1 Year rank in sector
2/277
Sector
UT UK All Companies
Yield
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.
0.91%
Fund size
£868m (£740m 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.
103
Bid price
97.69
Offer price
98.29
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry44%
Schroder Recovery20.2%
UBS UK Opportunities19.9%
Charity Equity18.1%
R&M UK Equity Long Term Recovery17.8%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK77.1%
    USA14.9%
    Australia3.9%
    Money Market2.6%
    Hong Kong0.3%
  • Financials30.2%
    Consumer Services22.8%
    Basic Materials10%
    Technology9.3%
    Oil & Gas7.9%
  • UK Equities76.2%
    US Equities15%
    Money Market3.8%
    Australian Equities3.7%
    Chinese Equities0.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%4.6%13.9%20.2%14.6%117.3%
Sector-0.5%0.5%7.6%6.1%14%60.7%
Rank within sector33 / 28414 / 28311 / 2802 / 277121 / 2639 / 250
Quartile1st1st1st1st2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund24%-12.7%2.2%46.2%34.8%
Sector7%3.7%0.6%25.7%14.8%
Rank within sector2 / 278269 / 26985 / 2644 / 2575 / 251
Quartile1st4th2nd1st1st
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.
0.45
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.
0.94
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.
0.13
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%.
11.22
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.
6.84
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.
-0.01
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.
0.63
Price movement
52 week high99.59
52 week low72.14
Current bid price97.69
Current offer price98.29
Current mid price-
Region
1UK77.07%
2USA14.93%
3Australia3.91%
4Money Market2.62%
5Hong Kong0.3%
6France0.2%
7Greece0.16%
8Italy0.14%
9Not Specified0.1%
Industry sector
1Financials30.24%
2Consumer Services22.82%
3Basic Materials9.99%
4Technology9.32%
5Oil & Gas7.86%
6Utilities6.76%
7Health Care6.16%
8Money Market2.62%
9Industrials2.47%
Asset type
1UK Equities76.2%
2US Equities14.99%
3Money Market3.82%
4Australian Equities3.74%
5Chinese Equities0.36%
6French Equities0.22%
7Greek Equities0.15%
8Italian Equities0.13%
9South African Equities0.1%
Individual holdings
1HSBC HLDGS5.81%
2BP5.02%
3ROYAL BANK OF SCOTLAND GROUP PLC4.93%
4BARCLAYS PLC4.86%
5APOLLO EDUCATION GROUP INC4.51%
6ANGLO AMERICAN4.37%
7GLAXOSMITHKLINE3.87%
8SOUTH32 LTD3.79%
9TESCO3.59%
Management
Fund manager group
Schroders
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund objective
The scheme's investment objective is to achieve capital growth for investors through investment in companies that have suffered a setback. The scheme invests primarily in UK quoted shares. The investments are selected from those companies that have suffered a setback in terms of profits or share prices, but where the management and the prospects are believed to be good. The fund may also invest in collective investment schemes, derivatives, warrants and money market instruments.
Benchmark
  • FTSE All Share Total Return Index
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Kevin Murphy20/07/2006Kevin Murphy, CFA is a Specialist Value UK Equity Fund Manager with 13 years investment experience. Previously he was a sector analyst for Pan European Construction and Building Materials. His Investment career commenced in 2000 at Schroders. He is a Chartered Financial Analyst and he holds a Degree in Economics from Manchester University.
Nick Kirrage20/07/2006Nick Kirrage, CFA is a Specialist Value UK Equity Fund Manager with 12 years investment experience. Previously a sector analyst responsible for a number of UK sectors including Transport and Metals & Mining. His investment career commenced in 2001 at Schroders. He is a Chartered Financial Analyst and holds a Degree in Aeronautical Engineering, Bristol University.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Schroder Recovery A Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.52%
Bid price19110
Offer price19220
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUM61
Schroder Recovery A Inc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.52%
Bid price11140
Offer price11210
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUM13
Schroder Recovery L Acc
Initial charge-
Annual charge0.68%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price61.63
Offer price62.01
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJOVP
Schroder Recovery L Inc
Initial charge-
Annual charge0.68%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price57.84
Offer price58.2
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJOVQ
Schroder Recovery X Acc
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£10,000,000
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)-
Bid price56.76
Offer price57.11
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKTVU
Schroder Recovery X Inc
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£10,000,000
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)-
Bid price53.59
Offer price53.92
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKTVT
Schroder Recovery Z Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price97.69
Offer price98.29
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05AO
Schroder Recovery Z Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.92%
Bid price87.4
Offer price87.94
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code05AN
Data provided by

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