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Schroder European Absolute Target P1 Acc

Ranked 43 out of 79 in - Long/Short Equity over 12 months
All calculations are in GBP unless stated

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.


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.

Showing fund performance in United Kingdom View performance globally


Long/Short Equity over : 31/12/2014 - 31/12/2015
  • Rank 43/79 Total Return
  • Rank 9/79 Standard Deviation
  • Rank 7/79 Max Drawdown
Fund Name Currency Return
41 Jupiter Absolute Return Acc GBP


42 BSF European Diversified Equity Abs Ret A2 GBP Hgd

Currency exposure is hedged

Currency exposure is hedged



43 Schroder European Absolute Target P1 Acc GBP


44 RWC US Absolute Alpha A GBP

Currency exposure is hedged

Currency exposure is hedged



45 GAM Star Global Quality GBP Acc GBP


Fund Name Currency Loss


6 St James's Place UK Absolute Return Acc GBP


7 Smith & Williamson Enterprise A GBP


7 Schroder European Absolute Target P1 Acc GBP


9 Threadneedle UK Absolute Alpha Ret Net Acc GBP GBP


9 Pensato Europa Absolute Return R GBP B

Currency exposure is hedged

Currency exposure is hedged



Total Return

Quarterly Performance

to 31/12/2015 Annual Q1 Q2 Q3 Q4
2015 4.9% 2.6% -0.2% 2.3% 0.1%
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

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 size64Mn
  • Base currencyGBP
  • ISIN GB00B39VWX15

Purchase Info

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


  • Annual management1.25%
  • Initial investment0

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