Fact sheet: Schroder Small Cap Discovery

Fund information
Fund name
Schroder Small Cap Discovery Z Acc
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund managers
  • Matthew Dobbssince 15/03/2012
  • Richard Sennittsince 15/03/2012
Accolades
Fund objective
The fund aims to provide capital growth. The fund will be invested in shares of smaller-sized Asian (ex Japan) and selected emerging market companies. The fund may also invest in companies from outside the Asian and emerging markets, if those companies derive a significant portion of their business or growth from these regions. Smaller-sized companies are considered companies which, at the time of purchase, form the bottom 30% by market capitalization of each individual market. The fund has no bias to any industry. We believe smaller companies can provide higher growth prospects than larger companies over the longer term, due to the fact they are typically in the early stages of their development. Smaller companies are less researched than larger ones. We believe that our focus on finding companies that offer sustainable growth patterns and are trading on compelling valuations should reward the fund's investors. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently.
Benchmark
  • MSCI Small Cap (Emerging Markets, Hong Kong, Singapore)
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
18.3%
1 Year rank in sector
47/123
Sector
UT Specialist
Yield
1.3%
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.
1.01%
Fund size
£148m (£119m 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.
95
Top in this sector
Fund name1 Year
MFM Junior Gold123.8%
WAY Charteris Gd Prcsml109%
CF Ruffer Gold81.7%
Smith & Williamson GblGld&Res79.1%
Investec Global Gold74%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • India16.4%
    Taiwan16%
    China13.9%
    Hong Kong11.7%
    Korea11.4%
  • Consumer Discretionary33.7%
    Industrials13.8%
    Information Technology13.1%
    Health Care11.6%
    Consumer Staples8.9%
  • Indian Equities16.4%
    Taiwanese Equities16%
    Chinese Equities13.9%
    Hong Kong Equities11.7%
    South Korean Equities11.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.5%-1%15%18.3%34.7%-
Sector-3.5%-0.5%10%16%14.1%25.5%
Rank within sector96 / 12466 / 12536 / 12547 / 12318 / 114-
Quartile4th3rd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund17%-2.2%17.9%12.2%-
Sector18%-4.5%1.2%4.5%7.5%
Rank within sector50 / 12472 / 1199 / 11537 / 105-
Quartile2nd3rd1st2nd
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.
5.81
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.
0.98
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.
0.67
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%.
11.79
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.
6.73
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.
0.8
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 high85.64
52 week low61.14
Current bid price-
Current offer price-
Current mid price78.09
Region
1India16.38%
2Taiwan16.04%
3China13.94%
4Hong Kong11.71%
5Korea11.42%
6Indonesia4.71%
7Philippines3.73%
8Money Market2.76%
9Mexico2.74%
Industry sector
1Consumer Discretionary33.68%
2Industrials13.83%
3Information Technology13.12%
4Health Care11.57%
5Consumer Staples8.9%
6Materials5.41%
7Financials3.89%
8Telecommunications Utilities2.98%
9Money Market2.76%
Asset type
1Indian Equities16.38%
2Taiwanese Equities16.04%
3Chinese Equities13.94%
4Hong Kong Equities11.71%
5South Korean Equities11.42%
6Indonesian Equities4.71%
7Philippine Equities3.73%
8Money Market2.76%
9Mexican Equities2.74%
Individual holdings
1MANDO CORP2.94%
2ARVIND LTD2.8%
3ARVIND LTD2.8%
4ECLAT TEXTILE CO2.08%
5CHROMA ATE INC2%
6APOLLO HOSPITALS ENTERPRISE1.99%
7APOLLO HOSPITALS ENTERPRISE1.99%
8ASM PACIFIC TECHNOLOGY1.96%
9M.P.EVANS GROUP1.94%
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 will be invested in shares of smaller-sized Asian (ex Japan) and selected emerging market companies. The fund may also invest in companies from outside the Asian and emerging markets, if those companies derive a significant portion of their business or growth from these regions. Smaller-sized companies are considered companies which, at the time of purchase, form the bottom 30% by market capitalization of each individual market. The fund has no bias to any industry. We believe smaller companies can provide higher growth prospects than larger companies over the longer term, due to the fact they are typically in the early stages of their development. Smaller companies are less researched than larger ones. We believe that our focus on finding companies that offer sustainable growth patterns and are trading on compelling valuations should reward the fund's investors. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently.
Benchmark
  • MSCI Small Cap (Emerging Markets, Hong Kong, Singapore)
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Matthew Dobbs15/03/2012Matthew Dobbs joined Schroders in 1981 as an equity analyst, with secondments to both New York and Singapore. He has managed Asian equity portfolios since 1985, and the Schroder AsiaPacific Fund since its launch in 1995. He is currently based in Schroders' London office, and is a Director of Schroder Investment Management Limited. Matthew has a Degree in History and Economics.
Richard Sennitt15/03/2012Richard Sennitt joined Schroders in 1993, initially as an Analyst on the Japanese Desk, before moving onto the Pacific Basin team at the start of 1997. Since then he has had a broad exposure to the emerging and developed Pacific markets as a regional Fund Manager managing money for UK and North American clients.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Schroder Small Cap Discovery A Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.76%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price75.39
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0WO3
Schroder Small Cap Discovery A Inc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.76%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price73.07
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0WO4
Schroder Small Cap Discovery L Acc
Initial charge-
Annual charge0.68%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price70.6
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJOVR
Schroder Small Cap Discovery L Inc
Initial charge-
Annual charge0.68%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price68.01
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJOVS
Schroder Small Cap Discovery Z Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price78.09
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0WO2
Schroder Small Cap Discovery Z Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price73.59
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0WO1
Data provided by

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