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Schroder European Absolute Target P1 Hgd Acc

Ranked 40 out of 74 in - Long/Short Equity over 12 months
All calculations are in GBP unless stated

Managed by

Steve Cordell

Steve Cordell holds more than 20 years of investment experience and is a portfolio manager at Schroders. Steve moved across to Schroders as part of the takeover of Cazenove Capital in July 2013. He originally joined Cazenove in 2002. Steve joined Cazenove from HSBC Asset Management (Europe) Ltd where he was responsible for the multi award-winning AA-rated HGIF Pan European fund and several other retail and institutional Pan-European portfolios. He graduated from Trinity College, Oxford with a First Class (Hons) in Modern Languages. 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.

Showing fund performance in United Kingdom View performance globally

Performance

Long/Short Equity over : 31/07/2015 - 31/07/2016
  • Rank 40/74 Total Return
  • Rank 3/74 Standard Deviation
  • Rank 8/74 Max Drawdown
Fund Name Currency Return
38 BNY Mellon Absolute Return Equity R GBP Acc GBP

-1.0%

39 TM Sanditon UK Select A Acc GBP

-1.2%

40 Schroder European Absolute Target P1 Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.3%

41 Threadneedle UK Absolute Alpha Ret Net Acc GBP GBP

-1.4%

42 Smith & Williamson Enterprise A GBP

-1.4%

Fund Name Currency Risk
1 DB Platinum Chilton Diversified I2C-G liq GBP

0.0

2 Schroder ISF European Eq Absolute Ret GBPH C Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

1.7

3 Schroder European Absolute Target P1 Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

1.9

4 BNY Mellon Absolute Return Equity R GBP Acc GBP

2.2

5 Henderson HF Pan European Alpha I2 GBP H GBP

2.6

Fund Name Currency Loss
6 Henderson UK Absolute Return GBP A Acc GBP

-1.8%

7 St James's Place UK Absolute Return Acc GBP

-2.0%

8 Schroder European Absolute Target P1 Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.2%

9 BNY Mellon Absolute Return Equity R GBP Acc GBP

-2.3%

10 TM Sanditon UK Select A Acc GBP

-2.4%

Total Return

Quarterly Performance

to 30/06/2016 Annual Q1 Q2 Q3 Q4
2016 -1.1% -1.2%
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

Asset Allocation

Breakdown

30/04/2016

Top 10 Holdings

Stock Size
United Kingdom 0.000% 13-Jun-2016 13.27
Schroder ISF EURO Liquidity I Acc 9.44
United Kingdom 0.000% 09-May-2016 9.21
United Kingdom 0.000% 10-Oct-2016 9.11
EUR Cash 8.40
United Kingdom 0.000% 12-Sep-2016 8.34
United Kingdom 0.000% 26-Sep-2016 7.27
United Kingdom 0.000% 27-Jun-2016 7.02
United Kingdom 0.000% 06-Jun-2016 5.27
NN Group NV ORD 2.47
30/04/2016

Registered For Sale In

  1. Austria
  2. Finland
  3. France
  4. United Kingdom

Fund Info

  • Launch date18/07/2008
  • Share Class size46Mn
  • Base currencyGBP
  • ISIN GB00B39VWX15
  • Currency exposure is hedged

Purchase Info

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

Charges

  • 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).