Schroder European Smaller Companies Z
European (excluding UK) small and mid-cap equity fund.
PRICE (INC)
149.6p
PRICE (ACC)
163.5p
INITIAL CHARGE
0%
ANNUAL MANAGEMENT CHARGE
0.75%
ONGOING CHARGE
0.94%
YIELD
0.7%
Prices as at 18 Aug 2022.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
Fund summary
| Sector | European Smaller Companies |
|---|---|
| Structure | UNIT TRUST |
| Launched | November 2011 |
| Size | £126m |
| Yield | 0.7% |
| Charging Basis | Income |
| Dividends paid | 31 Jan |
Charges
| Standard Initial Charge | 0% |
|---|---|
| Initial Charge Via BestInvest | 0% |
| Additional Bid/Offer Spread | 0% |
| Annual Management Charge | 0.75% |
| Ongoing Charges Figure | 0.94% |
Investment Process
The fund’s investment objective is to achieve capital appreciation through investment in smaller European companies. The portfolio is constructed from the bottom up with little regard to sector or country exposure. The managers believe broker research on mid and small cap companies is limited, and so company visits are a key part of the investment process. Quantitative screens are applied to focus research. The managers use their fundamental research to divide the investable universe into 3 types of companies: "A" companies operating in industries where demand exceeds supply; "B" companies - cyclical stocks or franchises in transition, where the balance of supply and demand varies over time; "C" companies operating in industries where supply exceeds demand. The portfolio is focused around “A” companies, but may also seek trading opportunities in B companies. C companies are avoided.
The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.
Past performance is not a guide to future performance. View full risk warning