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Schroder UK Absolute Target P1 Acc

Ranked 60 out of 68 in - Long/Short Equity over 12 months
All calculations are in GBP

Managed by

Steve Cordell

Steve Cordell was born in London in 1968. He graduated from Trinity College, Oxford with a degree in Modern Languages. Steve joined Cazenove in 2002 where he is currently a member of the pan-European equity team. He manages the Cazenove Pan Europe Fund using a pragmatic business cycle investment approach. Steve is a member of the Securities Institute and has been a fund manager for over 14 years. Outside of fund management, he lists golf, tennis and cinema/theatre as his interests with his main interest being spending time with his family.

Objective

The fund aims to achieve absolute returns through targeted investment strategies independent of UK market conditions or indices. The fund has a bias towards large and mid cap stocks. It aims to deliver a minimum positive return over a rolling three-year period from both rising and falling equity prices. In addition, in the medium term (5 years plus) the fund is targeting a return of 8-10% per annum (net of fees) with less than two thirds of the volatility of the FTSE All-Share Index. There is no guarantee that either the positive returns or this target will be achieved.

Performance

Long/Short Equity over : 28/02/2014 - 28/02/2015
  • Rank 60/68 Total Return
  • Rank 18/68 Standard Deviation
  • Rank 43/68 Max Drawdown
Fund Name Risk
16 AllianceBernstein-European Flexible Eq Pf A GBP H

Currency exposure is hedged

Currency exposure is hedged

1.1

17 JPM US Select Long-Short Equity A (perf) Dis GBP H

Currency exposure is hedged

Currency exposure is hedged

1.2

18 Schroder UK Absolute Target P1 Acc

1.2

19 Jupiter Absolute Return Acc

1.3

20 GLG Financials Alternative DN H GBP

Currency exposure is hedged

Currency exposure is hedged

1.4

Fund Name Loss
41 MS Alkeon UCITS I GBP

-5.6%

42 RWC US Absolute Alpha A GBP

Currency exposure is hedged

Currency exposure is hedged

-5.7%

43 Schroder UK Absolute Target P1 Acc

-5.9%

44 NewSmith UK

-6.0%

45 TM Cartesian UK Absolute Alpha B Acc

-6.1%

Total Return

Quarterly Performance

to 01/01/2015 Annual Q1 Q2 Q3 Q4
2014 -4.4% -1.0% -4.0% 2.4% -1.8%
2013 9.6% 3.7% 2.8% 2.0% 0.8%
2012 3.8% 1.9% -0.8% 2.6% 0.0%
2011 10.7% 1.6% 4.7% 2.7% 1.3%
2010 -8.1% 0.2% -5.5% -0.6% -2.4%
2009 0.7% -6.7% 3.4% 7.1% -2.6%
2008 4.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/09/2014

Top 10 Holdings

Stock Size
United Kingdom 0.000% 15-Dec-2014 17.63
United Kingdom 0.000% 05-Jan-2015 11.48
United Kingdom 0.000% 08-Dec-2014 10.68
United Kingdom 0.000% 16-Mar-2015 10.67
United Kingdom 0.000% 30-Mar-2015 10.66
United Kingdom 0.000% 09-Mar-2015 9.33
Schroder SSF Sterling Liquidity Plus I Acc 7.12
Merlin Properties SOCIMI SA ORD 2.40
Cembra Money Bank AG ORD 0.65
30/09/2014

Registered For Sale In

  1. Austria
  2. Denmark
  3. France
  4. Germany
  5. Ireland
  6. Italy
  7. Jersey
  8. Luxembourg
  9. Netherlands
  10. Singapore
  11. Spain
  12. Sweden
  13. Switzerland
  14. United Kingdom

Fund Info

  • Launch date18/07/2008
  • Share Class size96Mn
  • Base currencyGBP
  • ISIN GB00B39VWX15

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment500

Charges

  • Annual management1.3%
  • Initial investment0

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).