|Bid Price||-||Offer Price||-|
|Mid Price||GBX 120.20||Day Change||GBX 0.00 (0.00%)|
|Price Date||18 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.00||Fund Size||56,400,000.00|
|Launch Date||18/07/2008||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||500,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B39VWZ39||Min TopUp (£)||100,000.00|
The fund aims to achieve an absolute return by investing in equities 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. The fund invests at least 80% of its assets, long or short, in equities of large and medium sized European companies. Large and medium sized companies are companies which, at the time of purchase, are considered to be in the top 80% by market capitalisation of the European equities market. The fund has no bias to any particular industry. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently. The fund may use leverage and take short positions. The fund may also hold cash.
Steve Cordell, Fund Manager, Steve moved across to Schroders as part of the takeover of Cazenove Capital in July 2013. Originally joined Cazenove in 2002. He is the manager of Schroder European Opportunities Fund, Schroder ISF European Opportunities, Schroder ISF European Equity ex. UK, Schroder ISF European Equity Absolute Return and Schroder UK Absolute Target. Steve joined 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. Graduated from Trinity College, Oxford with a First Class (Hons) in Modern Languages. 20 years of investment experience.