Fact sheet: Schroder UKDynAbsRet

Fund information
Fund name
Schroder UK Dynamic Absolute Return P2 Acc GBP
Fund manager company
Schroder UT Managers
Fund type
OEIC
Fund managers
  • Paul Marriagesince 06/09/2009
  • John Warrensince 06/09/2009
Fund objective
The Fund aims to achieve an absolute return by investing in equity and equity related securities of UK companies. Absolute returns means the Fund seeks a positive return over rolling 12-month periods in all market conditions, but this cannot be guaranteed and your capital is at risk.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
3.9%
1 Year rank in sector
17/72
Sector
UT Targeted Absolute Return
Yield
-
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.
1.17%
Fund size
£240m (£242m 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.
43
Mid price
162.9
Top in this sector
Fund name1 Year
Majedie Tortoise22%
Jupiter Absolute Return11.2%
Threadneedle Tgt Rtn10.2%
CF Ruffer Absolute Return9.9%
Newton Mgd Tgtd Rtn7.8%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

  • No data available.
  • Financials13.4%
    Industrials12.1%
    Technology11.6%
    Telecommunications7.4%
    Oil & Gas5.7%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.3%2.7%4.2%3.9%4.3%40.1%
Sector-1%-0.3%0.8%0.1%5.5%15%
Rank within sector3 / 736 / 7417 / 7217 / 7238 / 587 / 47
Quartile1st1st1st1st3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund2.2%11.1%-8.2%19.1%13%
Sector-0%2.2%2.5%6.5%3.3%
Rank within sector25 / 726 / 6758 / 585 / 532 / 47
Quartile2nd1st4th1st1st
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.
-1.29
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.
1.07
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
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%.
7.67
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.
7.43
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.
-0.19
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.
0.06
Price movement
52 week high162.9
52 week low145.7
Current bid price-
Current offer price-
Current mid price162.9
Region
No data available.
Industry sector
1Financials13.35%
2Industrials12.05%
3Technology11.56%
4Telecommunications7.39%
5Oil & Gas5.72%
6Basic Materials4.11%
7Consumer Services3.46%
8Utilities2.87%
9Health Care2.56%
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Schroders
Fund manager company
Schroder UT Managers
Fund type
OEIC
Fund objective
The Fund aims to achieve an absolute return by investing in equity and equity related securities of UK companies. Absolute returns means the Fund seeks a positive return over rolling 12-month periods in all market conditions, but this cannot be guaranteed and your capital is at risk.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Fund managers
NameSinceBiography
Paul Marriage06/09/2009Paul 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 Warren06/09/2009John 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
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, France, United Kingdom, Italy
Schroder UK Dynamic Absolute Return P1 Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price157.8
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXR6
Schroder UK Dynamic Absolute Return P1 Euro Hedged Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price171
CurrencyEUX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNBZ3
Schroder UK Dynamic Absolute Return P2 Acc GBP
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price162.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXR7
Schroder UK Dynamic Absolute Return P2 Euro Hedged Acc
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price179.3
CurrencyEUX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNBZ4
Data provided by

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