Schroder Recovery X Inc

Quick Stats

Bid Price GBX 53.27 Offer Price GBX 53.62
Mid Price - Day Change GBX +0.32 (0.60%)
Price Date 21 Oct 2016 Crown Rating 2
Shares Class Inc. Yield 2.86 %
Total Expense Ratio 0.00 Fund Size 834,437,800.00
Launch Date 05/05/1970 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 25,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BQVCCV12 Min TopUp (£) 10,000,000.00

Fund 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.

Fund Managers

Kevin Murphy
Kevin Murphy, CFA is a Specialist Value UK Equity Fund Manager with 13 years investment experience. Previously he was a sector analyst for Pan European Construction and Building Materials. His Investment career commenced in 2000 at Schroders. He is a Chartered Financial Analyst and he holds a Degree in Economics from Manchester University.