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Schroder Recovery

Ranked 9 out of 253 in - UK (All Companies) over 12 months
All calculations are in GBP unless stated

Managed by

Nick Kirrage

Nick Kirrage is a CFA Charterholder and has a masters degree in aeronautical engineering. He joined Schroders in 2001 within the Pan European research team. Previously responsible for a number of sectors including Transport, Metals & Mining and Aerospace and Defence sectors. He is currently co-head of Schroder’s Global Value Equity team with Kevin Murphy. Together they manage the Schroder Income, Schroder Recovery and Schroder ISF Global Recovery funds.

Kevin Murphy

Kevin Murphy is a CFA Charterholder and has a degree in economics. His investment career commenced in 2000 in Schroders’ UK Equity fund management team. Subsequently Kevin was a sector analyst for Pan European Construction and Building Materials. He is currently co-head of Schroder’s Global Value Equity team with Nick Kirrage. Together they manage the Schroder Income, Schroder Recovery and Schroder ISF Global Recovery funds.

Objective

The scheme's investment objective is to achieve capital growth for investors through investment in companies that have suffered a setback. The scheme invests primarily in UK quoted shares. The investments are selected from those companies that have suffered a setback in terms of profits or share prices, but where the management and the prospects are believed to be good. The fund may also invest in collective investment schemes, derivatives, warrants and money market instruments.

Showing fund performance in United Kingdom View performance globally

Performance

UK (All Companies) over : 31/10/2015 - 31/10/2016
  • Rank 9/253 Total Return
  • Rank 182/253 Standard Deviation
  • Rank 184/253 Max Drawdown

Total Return

Quarterly Performance

to 30/09/2016 Annual Q1 Q2 Q3 Q4
2016 5.9% 1.6% 8.8%
2015 -13.3% 1.2% -1.3% -11.2% -2.2%
2014 1.7% -2.2% -0.6% -0.7% 5.4%
2013 45.5% 14.9% 3.9% 8.9% 11.9%
2012 34.4% 18.5% -6.8% 10.8% 9.8%
2011 -13.9% 1.2% 0.6% -16.7% 1.5%
2010 16.1% 8.7% -10.3% 13.6% 4.9%
2009 49.6% -6.4% 27.7% 30.1% -3.8%
2008 -26.9% -9.6% -6.3% -3.4% -10.7%
2007 -3.3% 3.0% 1.6% -4.5% -3.3%
2006 20.9% 9.1% -0.8% 5.4% 6.0%
2005 19.0% 3.6% 3.8% 5.6% 4.8%
2004 19.1% 10.3% 1.9% -2.4% 8.6%
2003 42.6% -6.2% 26.4% 11.4% 8.1%
2002 -12.2% 11.0% -4.0% -19.1% 1.8%
2001 6.8% 2.6% 9.8% -20.1% 18.6%
2000 4.6% -4.5% 6.5% -4.6% 7.8%
1999 34.5% 17.4% 13.2% -2.9% 4.3%
1998 -11.5% 13.4% -0.8% -25.4% 5.5%
1997 17.0% 4.2% 0.3% 11.5% 0.5%
1996 20.7% 9.0% 4.6% 3.5% 2.3%
1995 3.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/09/2016

Top 10 Holdings

Stock Size
HSBC Holdings PLC ORD 5.55
BP PLC ORD 4.89
Royal Bank of Scotland Group PLC ORD 4.72
Barclays PLC ORD 4.33
GlaxoSmithKline PLC ORD 4.17
Apollo Education Group Inc ORD 4.01
Anglo American PLC ORD 3.99
Centrica PLC ORD 3.64
South32 Ltd ORD 3.63
Drax Group PLC ORD 3.56
30/09/2016

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date05/05/1970
  • Share Class size78Mn
  • Base currencyGBP
  • ISIN GB0007809824

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment50

Charges

  • Annual management1.50%
  • Initial investment3.25

Related News

Schroders launches global recovery fund for AA-rated team

The fund is an onshore version of its existing ISF Global Recovery fund managed by Citywire AA-rated trio Nick Kirrage, Kevin Murphy and Andrew Lyddon.

As bad as it gets: how do you tell a bargain from a dud?

Wealth Manager looks at how fund managers separate headlines from the real horror shows with scandal-hit stocks.

Columbia Threadneedle UK analyst quits for Schroders

Andrew Evans has exited Columbia Threadneedle's UK equity team for Schroders.

Schroders’ Kirrage buys utilities after seven years

Citywire AAA-rated manager is not dissuaded by political scrutiny the sector has come under from Labour.

The turnaround stories to back this year

More than five years since markets bottomed in the extraordinary aftermath of the credit crisis, a new generation of turnaround stories is emerging.

Schroders’ Kirrage: why I don’t back IPOs

Nick Kirrage of Schroders questions why investors would back an initial public offering right now and sees further upside in UK banks.

Performance review: why Saunderson House is sceptical on Japan

Japan’s disappointing fourth-quarter GDP growth figures have convinced Saunderson House investment director Christopher Sexton that Japan’s ‘Abenomics’ turnaround plan is not really working.

Schroders launches global recovery fund for AA-rated duo

Schroders has launched a global version of one of its top performing UK equities strategy.

Why Schroders' A-rated Kirrage loves 'astounding' banks and retaliers

Schroders A-rated Recovery fund manager Nick Kirrage explains why he has allocated a mighty two thirds of his fund to these two tradtionally 'unloved' sectors.

Rory Bateman replaces Buxton as Schroders UK equity head

(Update) Schroders European equity head Rory Bateman has taken up Richard Buxton's UK equity leadership responsibilities in a newly created role which will see the formation of a specialist value team.

...more...

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