Schroder Recovery S Inc

Quick Stats

Bid Price GBX 56.74 Offer Price GBX 57.12
Mid Price - Day Change GBX -0.27 (-0.47%)
Price Date 17 Feb 2017 Crown Rating 1
Shares Class Inc. Yield 2.19 %
Total Expense Ratio 0.00 Fund Size 979,833,000.00
Launch Date 05/05/1970 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 1.00 Sector IMA UK Equity Income
Min Investment (£) 1.00 Total Expense Ratio (%) 0.00
ISIN GB00BGCC3731 Min TopUp (£) 0.00

Fund Objective

The fund aims to provide capital growth. At least 80% of the fund will be invested in shares of UK companies. The fund has no bias to any particular industry or size of company. The fund invests in companies that have suffered a major profit or share price setback, but which appear to have good long-term prospects and the potential for significant share price gains. These could simply be companies whose share prices appear low relative to their long-term profit potential, or firms that are currently underperforming in profit terms, but have a clear and credible route for turning this around. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently.

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.