Fact sheet: Schroder UK Dynamic Sm Cos

Fund information
Fund name
Schroder UK Dynamic Smaller Companies Z Acc
Fund manager company
Schroder UT Managers
Fund type
OEIC
Fund managers
  • Paul Marriagesince 03/01/2006
  • John Warrensince 03/01/2006
Accolades
 Highly Commended - UK Smaller Companies
Fund objective
The fund aims to provide capital growth. At least 80% of the fund will be invested in shares of UK companies that are in the bottom 10% of the UK stock market at the time the fund purchases them. The fund has no bias to any particular industry. The small cap universe is an extensive, diverse and constantly changing area of the UK market. Smaller companies offer investors exposure to some niche growth areas that, often, cannot be accessed through large companies. They also tend to grow more rapidly than larger firms and can go on to become household names. Our investment approach centres on stock selection, which means we focus on each company's ability to create value for shareholders, rather than try to predict what will happen in the wider economic environment. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.
Benchmark
  • FTSE Small Cap ex ITs
Investment style
130/30,Growth
Investment method
Shares
Quick stats
1 Year return
9.8%
1 Year rank in sector
10/47
Sector
UT UK Smaller Companies
Yield
0.6%
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.
0.92%
Fund size
£449m (£521m 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.
69
Mid price
395.5
Top in this sector
Fund name1 Year
Cavendish AIM23.3%
The MI Discretionary Unit20.1%
Jupiter UK Smaller Companies18.8%
TB Amati UK Sm Cos15.5%
Marlborough UK Micro Cap Gwth12.1%
...more in UT UK Smaller Companies

Performance snapshot

Holdings snapshot

  • UK98.4%
    Money Market1.5%
    Isle of Man0.2%
  • Industrials35%
    Consumer Goods20.3%
    Consumer Services13.3%
    Financials12.6%
    Technology11.5%
  • UK Equities96.1%
    Money Market3.9%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.6%2.7%9.1%9.8%15.9%130.6%
Sector3.6%0.8%5.2%5.3%21.5%94.6%
Rank within sector26 / 4811 / 486 / 4810 / 4736 / 4610 / 44
Quartile3rd1st1st1st4th1st
Calendar performance
 YTD - 20162015201420132012
Fund8.7%13.7%-8.1%48.1%37.7%
Sector4.4%14.2%-1.9%37.4%22.5%
Rank within sector11 / 4732 / 4744 / 468 / 453 / 44
Quartile1st3rd4th1st1st
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.
-1.55
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.
1.02
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%.
11.55
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.
4.87
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.
-0.32
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.
0.82
Price movement
52 week high396
52 week low323.2
Current bid price-
Current offer price-
Current mid price395.5
Region
1UK98.38%
2Money Market1.45%
3Isle of Man0.17%
Industry sector
1Industrials34.99%
2Consumer Goods20.34%
3Consumer Services13.28%
4Financials12.58%
5Technology11.5%
6Basic Materials3.39%
7Health Care2.47%
8Money Market1.45%
Asset type
1UK Equities96.08%
2Money Market3.92%
Individual holdings
1FEVERTREE DRINKS PLC4%
2Smart Metering Systems Plc3.84%
3TREATT3.39%
4VP3.35%
5GOOCH & HOUSEGO PLC3.12%
6WINCANTON3.07%
7XAAR2.95%
8ARROW GLOBAL GRP PLC2.71%
9QUIXANT PLC2.7%
Management
Fund manager group
Schroders
Fund manager company
Schroder UT Managers
Fund type
OEIC
Fund objective
The fund aims to provide capital growth. At least 80% of the fund will be invested in shares of UK companies that are in the bottom 10% of the UK stock market at the time the fund purchases them. The fund has no bias to any particular industry. The small cap universe is an extensive, diverse and constantly changing area of the UK market. Smaller companies offer investors exposure to some niche growth areas that, often, cannot be accessed through large companies. They also tend to grow more rapidly than larger firms and can go on to become household names. Our investment approach centres on stock selection, which means we focus on each company's ability to create value for shareholders, rather than try to predict what will happen in the wider economic environment. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.
Benchmark
  • FTSE Small Cap ex ITs
Investment style
130/30,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Paul Marriage03/01/2006Paul is a member of the Cazenove Capital Pan-European Equity team at Schroders. He manages the Cazenove UK Smaller Companies, UK Dynamic long-short funds (a UCITS and Cayman domiciled hedge fund), as well as the Cazenove Absolute UK Dynamic and UK Dynamic Absolute Return funds. Paul joined from Insight Investment where he was head of UK Small Cap investments. Prior to this, he was an analyst at GH Asset Management. Paul graduated from University College, Oxford with a degree in Modern History. He is a member of ASIP and has 15 years’ investment experience.
John Warren03/01/2006John Warren is a member of the Member of UK Dynamic Team. He co-manages the UK Dynamic funds: Schroder Dynamic UK Smaller Companies, Schroder Absolute UK Dynamic Fund, SAS UK Dynamic Absolute Return Fund. John started his career at PricewaterhouseCoopers as a chartered accountant in 1998. He moved to Investec Bank in 2001 where he became a UK mid & small cap fund manager prior to joining Cazenove Capital Management in 2010. John graduated from Loughborough University with a BSC (Hons) in Accountancy and Economics. He holds the ACA and SFA designations and brings over 15 years of investment experience.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland
Schroder UK Dynamic Smaller Companies A
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price343.6
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKA63
Schroder UK Dynamic Smaller Companies C Acc
Initial charge-
Annual charge1%
Min single investment£25,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price372.9
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKR22
Schroder UK Dynamic Smaller Companies C Inc
Initial charge-
Annual charge1%
Min single investment£25,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price333.1
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKR11
Schroder UK Dynamic Smaller Companies Z Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price395.5
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKR20
Schroder UK Dynamic Smaller Companies Z Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price381.2
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0IF5
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