Schroder European Class Z Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

31/03/19
to
31/03/20		 31/03/20
to
31/03/21		 31/03/21
to
31/03/22		 31/03/22
to
31/03/23		 31/03/23
to
31/03/24
Fund -7.1% 37.9% 5.3% 2.5% 7.0%
Sector -9.4% 39.6% 4.2% 6.5% 12.3%
Rank 37/127 72/129 57/135 113/142 122/143
Quartile 2 3 2 4 4

Annualised performance

Annualised
3 Years to
31/03/24		 5 Years to
31/03/24		 10 Years to
31/03/24
Fund 4.9% 8.1% 7.3%
Sector 7.6% 9.5% 7.9%
Rank 110/135 96/127 76/97
Quartile 4 4 4

Top 10 Holdings

Stock % Weight
ASML HOLDING N.V. 7.13
ROCHE HLDG AG 4.40
AIRBUS SE 4.27
SAAB AB 4.19
COMPAGNIE FINANCIERE RICHEMONT SA 3.36
KNORR BREMSE AG 3.12
SANDOZ GROUP AG 2.57
INFINEON TECHNOLOGIES AG 2.56
KONINKLIJKE PHILIPS N.V. 2.37
INTESA SANPAOLO SPA 2.27
Total 36.26

Fund Aims

The fund’s investment objective is to achieve capital growth through investment in European stock markets, excluding the UK. The core of investment will be in the larger market capitalisation stocks in the major European markets. The remainder of the portfolio will consist of investments in medium market capitalisation stocks and those drawn from the smaller European markets. The fund may also invest in a wide range of investments including transferable securities, collective investment schemes, warrants and money market instruments.

Fund Manager

Martin Skanberg manager for 17 years and 11 months

Photo of Martin Skanberg Martin is a fund manager for the core European Equity portfoliosand the Schroder ISF EURO Equity Joined Schroders in 2004 having worked previously at American Express Asset Management as a senior investment analyst responsible for Industrials and Telecoms. In 1999 he became Head of European Research at SEB Asset Management. In 1996 he became a senior investment analyst responsible for European industrials and basic materials. Investment career commenced in 1994 when he joined SEB Asset Management as an investment analyst for Nordic Industrials and Basic Materials. Joined STORA a global paper and pulp manufacturer in 1992 as a manager within the Group Finance Department. Masters in Financial Economics.

Fund Overview

Mid (29/04/2024) 157.60p
Historic yield 2.08%
Fund size (31/03/2024) £547.17m
Number of holdings 57
Entry Charge 0.00%
Ongoing Charges 0.92%
Launch date 30/04/1987

Asset Allocation

pie chart
  International Equities 96.99%
  UK Equities 1.75%
  Cash and Equivalents 1.26%

Commentary

Not Applicable

Portfolio data accurate as at: 31/03/24

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 96.99%
  UK Equities 1.75%
  Cash and Equivalents 1.26%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Industrials 25.46% - - -
 
 Industrial Goods & Services - 24.03% - -
 
 Aerospace & Defence - - 10.53% -
 
 Aerospace - - - 8.47%
 
 Defense - - - 2.06%
 
 Industrial Transportation - - 5.30% -
 
 Railroad Equipment - - - 3.12%
 
 Transportation Services - - - 2.18%
 
 Electronic & Electrical Equipment - - 3.84% -
 
 Electrical Components - - - 2.09%
 
 Electronic Equipment: Gauges & Meters - - - 1.75%
 
 Industrial Support Services - - 2.28% -
 
 Transaction Processing Services - - - 2.28%
 
 Industrial Engineering - - 2.08% -
 
 Machinery: Industrial - - - 2.08%
 
 Construction & Materials - 1.43% - -
 
 Construction & Materials - - 1.43% -
 
 Building: Climate Control - - - 1.43%
 
 Health Care 17.47% - - -
 
 Health Care - 17.47% - -
 
 Pharmaceuticals & Biotechnology - - 10.50% -
 
 Pharmaceuticals - - - 7.68%
 
 Biotechnology - - - 2.82%
 
 Medical Equipment & Services - - 5.48% -
 
 Medical Equipment - - - 3.44%
 
 Medical Supplies - - - 2.04%
 
 Health Care Providers - - 1.49% -
 
 Health Care Services - - - 1.49%
 
 Technology 16.13% - - -
 
 Technology - 16.13% - -
 
 Technology Hardware & Equipment - - 12.18% -
 
 Production Technology Equipment - - - 9.62%
 
 Semiconductors - - - 2.56%
 
 Software & Computer Services - - 3.95% -
 
 Computer Services - - - 2.11%
 
 Software - - - 1.84%
 
 Consumer Discretionary 14.37% - - -
 
 Consumer Products & Services - 6.11% - -
 
 Personal Goods - - 3.36% -
 
 Luxury Items - - - 3.36%
 
 Household Goods & Home Construction - - 1.85% -
 
 Household Equipment & Products - - - 1.85%
 
 Leisure Goods - - 0.89% -
 
 Electronic Entertainment - - - 0.89%
 
 Travel & Leisure - 3.57% - -
 
 Travel & Leisure - - 3.57% -
 
 Hotels & Motels - - - 2.05%
 
 Restaurants & Bars - - - 1.53%
 
 Media - 1.82% - -
 
 Media - - 1.82% -
 
 Media Agencies - - - 1.82%
 
 Automobiles & Parts - 1.72% - -
 
 Automobiles & Parts - - 1.72% -
 
 Automobiles - - - 1.72%
 
 Retail - 1.15% - -
 
 Retailers - - 1.15% -
 
 Apparel Retailers - - - 1.15%
 
 Financials 10.54% - - -
 
 Banks - 8.39% - -
 
 Banks - - 8.39% -
 
 Banks - - - 8.39%
 
 Insurance - 2.14% - -
 
 Non-life Insurance - - 2.14% -
 
 Reinsurance - - - 2.14%
 
 Basic Materials 5.14% - - -
 
 Basic Resources - 3.40% - -
 
 Industrial Metals & Mining - - 2.18% -
 
 Metal Fabricating - - - 2.18%
 
 Industrial Materials - - 1.22% -
 
 Paper - - - 1.22%
 
 Chemicals - 1.74% - -
 
 Chemicals - - 1.74% -
 
 Fertilizers - - - 1.04%
 
 Specialty Chemicals - - - 0.70%
 
 Consumer Staples 3.57% - - -
 
 Food, Beverage & Tobacco - 3.04% - -
 
 Beverages - - 1.93% -
 
 Distillers & Vintners - - - 1.93%
 
 Food Producers - - 1.10% -
 
 Food Products - - - 1.10%
 
 Personal Care, Drug & Grocery Stores - 0.54% - -
 
 Personal Care, Drug & Grocery Stores - - 0.54% -
 
 Personal Products - - - 0.33%
 
 Food Retailers & Wholesalers - - - 0.20%
 
 Energy 2.21% - - -
 
 Energy - 2.21% - -
 
 Non-Renewable Energy - - 1.46% -
 
 Oil: Crude Producers - - - 1.19%
 
 Oil Refining and Marketing - - - 0.27%
 
 Renewable Energy - - 0.75% -
 
 Renewable Energy Equipment - - - 0.75%
 
 Real Estate 1.52% - - -
 
 Real Estate - 1.52% - -
 
 Real Estate Investment & Services - - 1.52% -
 
 Real Estate Holding and Development - - - 1.52%
 
 Utilities 1.35% - - -
 
 Utilities - 1.35% - -
 
 Electricity - - 1.35% -
 
 Alternative Electricity - - - 0.82%
 
 Conventional Electricity - - - 0.53%
 
 Cash and Equivalents 1.26% - - -
 
 Telecommunications 0.99% - - -
 
 Telecommunications - 0.99% - -
 
 Telecommunications Service Providers - - 0.99% -
 
 Telecommunications Services - - - 0.99%

Regional Allocation

pie chart
  Developed Europe - Excl UK 96.99%
  UK 1.75%
  Cash and Equivalents 1.26%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 99.13%
  Cash 0.57%
  Swiss Franc 0.29%

Regional Breakdown

Expand allCollapse all
Region Country
 
 Developed Europe - Excl UK 96.99% -
 
 Netherlands - 18.97%
 
 Germany - 18.95%
 
 Sweden - 14.39%
 
 Switzerland - 13.19%
 
 France - 12.78%
 
 Denmark - 4.64%
 
 Norway - 3.19%
 
 Spain - 2.30%
 
 Italy - 2.27%
 
 Ireland - 2.10%
 
 Luxembourg - 1.52%
 
 Belgium - 1.06%
 
 Austria - 0.82%
 
 Finland - 0.79%
 
 UK 1.75% -
 
 United Kingdom - 1.75%
 
 Cash and Equivalents 1.26% -

Breakdown By Market Cap (%)

Mega
 
 
46.60%
Large
 
 
26.12%
Medium
 
 
22.97%
Non-Classified
 
 
3.05%
Cash
 
 
1.26%

Top 10 Holdings

Stock % Weight Sector Country
1 ASML HOLDING N.V. 7.13% Technology Hardware & Equipment Netherlands
2 ROCHE HLDG AG 4.40% Pharmaceuticals & Biotechnology Switzerland
3 AIRBUS SE 4.27% Aerospace & Defence Netherlands
4 SAAB AB 4.19% Aerospace & Defence Sweden
5 COMPAGNIE FINANCIERE RICHEMONT SA 3.36% Personal Goods Switzerland
6 KNORR BREMSE AG 3.12% Industrial Transportation Germany
7 SANDOZ GROUP AG 2.57% Pharmaceuticals & Biotechnology Switzerland
8 INFINEON TECHNOLOGIES AG 2.56% Technology Hardware & Equipment Germany
9 KONINKLIJKE PHILIPS N.V. 2.37% Medical Equipment & Services Netherlands
10 INTESA SANPAOLO SPA 2.27% Banks Italy

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 16.13% - - - - - - 16.13%
Telecommunications - 0.99% - - - - - - 0.99%
Financials - 10.54% - - - - - - 10.54%
Real Estate - 1.52% - - - - - - 1.52%
Consumer Discretionary - 14.37% - - - - - - 14.37%
Consumer Staples - 3.57% - - - - - - 3.57%
Energy - 2.21% - - - - - - 2.21%
Utilities - 1.35% - - - - - - 1.35%
Health Care - 17.47% - - - - - - 17.47%
Industrials 1.75% 23.71% - - - - - - 25.46%
Basic Materials - 5.14% - - - - - - 5.14%
Cash and Equivalents - - - - - - - 1.26% 1.26%

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B76V8C3
Mex Code SZEURO
Isin Code GB00B76V8C37
Citi Code 0HDD

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.92%

Aims and Benchmark

Aims The fund’s investment objective is to achieve capital growth through investment in European stock markets, excluding the UK. The core of investment will be in the larger market capitalisation stocks in the major European markets. The remainder of the portfolio will consist of investments in medium market capitalisation stocks and those drawn from the smaller European markets. The fund may also invest in a wide range of investments including transferable securities, collective investment schemes, warrants and money market instruments.
Benchmark FTSE World Series Europe ex UK (Gross Total Return) Index
Benchmark Category -
IA Sector Europe Excluding UK

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type Unit Trust
Launch price £0.50
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
16 January 15 March

Ratings

FE Crown Crown Rating of 2

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository J.P. Morgan Trustee and Depositary Company Limited
Fund Administrator IFDS
Fund Registrar IFDS
Fund Custodian J.P. Morgan Trustee and Depositary Company Limited

Group Details

Group name Schroder Unit Trusts Limited
Group address 1 London Wall Place, London, EC2Y 5AU United Kingdom
Group telephone 0800 718 777
Dealing telephone 0800 718 788
Email investorservices@schroders.com
Homepage www.schroders.co.uk
Fax number 0870 043 4080

Dealing

Minimum Investment £3000000
Minimum Top Up £100000
Minimum Regular Saving -
Settlement Period: Buy 4 days
Settlement Period: Sell 4 days
Pricing Basis Forward
Dealing Decimals 2

Important Information

Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.