Schroder European Opportunities S I
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 57.60||Day Change||GBX +1.47 (2.62%)|
|Price Date||7 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||1.63 %|
|Total Expense Ratio||0.00||Fund Size||504,592,900.00|
|Launch Date||28/03/1989||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||0.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BDRZGC23||Min TopUp (£)||0.00|
The fund aims to provide capital growth. At least 80% of the fund will be invested in shares of large and medium-sized European companies, excluding the UK. The fund has no bias to any particular industry. The fund follows an investment approach based around the business cycle, where the managers attempt to identify turning points in the cycle and then focus on the types of companies they believe will benefit from it. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more efficiently.
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.