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Schroder European Equity Abs Return P1 Hgd Acc

Ranked 52 out of 85 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 an absolute return by investing in equity and equity related securities of European companies. Absolute return means the Fund seeks to provide a positive return over rolling 12-month periods in all market conditions, but this cannot be guaranteed and your capital is at risk.

Showing fund performance in United Kingdom View performance globally

Performance

Long/Short Equity over : 31/12/2015 - 31/12/2016
  • Rank 52/85 Total Return
  • Rank 5/85 Standard Deviation
  • Rank 34/85 Max Drawdown
Fund Name Currency Return
50 Threadneedle (Lux)-American Absolute Alpha IGH

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.8%

51 MS Alkeon UCITS I GBP GBP

-3.1%

52 Schroder European Equity Abs Return P1 Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-3.3%

53 SWMC UK B GBP

-3.6%

54 DB Platinum Ivory Optimal I1C-G GBP

-3.9%

Fund Name Currency Risk
3 Schroder ISF European Eq Absolute Ret GBPH C Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

2.3

4 BNY Mellon Absolute Return Equity R GBP Acc GBP

2.4

5 Schroder European Equity Abs Return P1 Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

2.6

6 Schroder ISF European Alpha Abs Return GBPH C Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

2.9

7 TM Sanditon UK Select A Acc GBP

2.9

Fund Name Currency Loss
32 TM Cartesian UK Absolute Alpha B Acc GBP

-4.3%

33 UBS (Irl) Global Eq Long Shrt Q-PF Acc GBP GBP

-4.4%

34 Schroder European Equity Abs Return P1 Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.6%

35 Pensato Europa Absolute Return R GBP B

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.7%

36 Schroder GAIA Egerton Equity A Dis GBP GBP

-4.8%

Total Return

Quarterly Performance

to 30/12/2016 Annual Q1 Q2 Q3 Q4
2016 -3.3% -1.1% -1.2% -0.9% -0.2%
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

31/10/2016

Top 10 Holdings

Stock Size
United Kingdom 0.000% 27-Mar-2017 10.93
United Kingdom 0.000% 28-Dec-2016 9.39
United Kingdom 0.000% 19-Dec-2016 8.82
United Kingdom 0.000% 05-Dec-2016 8.48
United Kingdom 0.000% 20-Mar-2017 7.79
Total Return Swap General Security 7.29
Schroder ISF EURO Liquidity I Acc 6.61
EUR Forward Contract 6.16
EUR Cash 5.35
Allianz SE ORD 3.30
31/10/2016

Registered For Sale In

  1. Finland
  2. France
  3. United Kingdom

Fund Info

  • Launch date18/07/2008
  • Share Class size32Mn
  • 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).