Fact sheet: Schroder EurpEqtyAbsRet

Fund information

Fund name
Schroder European Equity Absolute Return P2 EUR
Fund company manager
Schroder UT Managers
Fund type
OEIC
Fund manager
Tim Russell
since 18/07/2008
Fund objective
The fund aims to achieve an absolute return by investing in equities of European companies.Absolute return means the fund seeks to provide a positive return over rolling 12-month periods in all market conditions, but this cannot be guaranteed and your capital is at risk. The fund invests at least 80% of its assets, long or short, in equities of large and medium sized European companies. Large and medium sized companies are companies which, at the time of purchase, are considered to be in the top 70% by market capitalisation of the European equities market.The fund has no bias to any particular industry.Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently. The fund may use leverage and take short positions. The fund may also hold cash.
Benchmark
No Specified Index
Investment style
Absolute Return,Growth
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

-2.49 %

1 Year rank in sector

65/73

Sector

UT Targeted Absolute Return

Yield
-
Fund size

£ 57.5 m

FE Risk score

84

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Telecommunications
    18.43%
  • Consumer Services
    13.85%
  • Industrials
    13.47%
  • Consumer Goods
    8.46%
  • Financials
    7.84%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.63 %-2.74 %-2.48 %-3.34 %3.27 %
Sector-0.28 %1.43 %2.57 %6.51 %16.45 %
Rank within sector58 / 7871 / 7665 / 7354 / 5945 / 50
Quartile th3 rd4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund-2.14 %-3.52 %4.11 %-4.45 %9.47 %
Sector2.33 %0.97 %2.2 %2.51 %6.51 %
Rank within sector69 / 7660 / 6918 / 6454 / 5517 / 50
Quartile th4 th4 th2 nd4 th2 nd

Risk statistics

Alpha-2.19
Beta0.69
Sharpe-0
Volatility3.66
Tracking error3.48
Information ratio-0.87
R-Squared0.11

Price movement

52 week high114.5
52 week low109.3
Current bid price0
Current offer price0
Current mid price110

Holdings by region

-

Holdings by sector

  • 18.43% Telecommunications
  • 13.85% Consumer Services
  • 13.47% Industrials
  • 8.46% Consumer Goods
  • 7.84% Financials
  • 6.65% Basic Materials
  • 5.92% Utilities
  • 3.77% Oil & Gas
  • 0.6% Technology

Holdings by asset type

-

Individual holdings

  • 5.2% ORANGE SA
  • 4.6% CELLNEX TELECOM SA
  • 4.6% TELECOM ITALIA SPA(NEW)
  • 4.1% GAS NATURAL BAN SA
  • 3.7% IMERYS SA
  • 3.7% TESCO CORP
  • 3.5% ZODIAC AEROSPACE
  • 3% BAYER AG
  • 3% VIVENDI
  • 2.9% COM HEM HLDG AB