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Schroder Global Cities Real Estate Z

Bestinvest LogoA portfolio of global REITs and listed property securities seeking to maximise total returns.

PRICE (INC)

95.96p

PRICE (ACC)

114.3p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.75%

ONGOING CHARGE

0.9%

YIELD

0.9%

1 YEAR
1.55%

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.

The objective of this fund is to maximise total returns by investing globally in real estate investment trusts (REITs), equity and debt securities of other types of property companies. It has no formal yield target. The fund may take relative positions away from its benchmark, the FTSE EPRA/NAREIT Developed Real Estate Index, but the portfolio will always have a high weight to US REITs which is a well established and dominant market.

Fund summary

SectorProperty Other
StructureUNIT TRUST
LaunchedApril 2007
Size£1,556m
Yield0.9%
Charging BasisIncome
Dividends paid20 Nov

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.75%
Ongoing Charges Figure0.9%

Investment Process

Since July 2014 the incoming managers have brought in a new-to-Schroders investment process called "GRID", which they used at AMP. This is a stock model database which records individual company "scores" (estimates of future risk and return) as input by Schroders' regionally based property analysts. The model covers 370 stocks (the constituents of their benchmark index with some off benchmark names). The 2 stage scoring process covers individual company risk (including managerial experience and balance sheet strength) and its valuation on the local stock market (where metrics include: net asset value, discounted cash flow, price/book and dividend yield), from which they calculate a target price. Each stock's total score is a summation across all the factors in the GRID. A target weight of each stock within the portfolio is built around +/- 4% from its weight in the benchmark index, which is flexed by relation to its overall score. Finally they rank stocks by upside to their target price within each peer group and only pick those in the top decile of each group.

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