Schroder European Equity Absolute R
|Bid Price||-||Offer Price||-|
|Mid Price||EUX 109.50||Day Change||EUX +0.30 (0.30%)|
|Price Date||6 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||1.34||Fund Size||174,500,000.00|
|Launch Date||18/07/2008||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.25||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.34|
|ISIN||GB00B39VWY22||Min TopUp (£)||500.00|
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.
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.