Schroder European Fund Class Z Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/01/20 to 31/01/21 |
31/01/21 to 31/01/22 |
31/01/22 to 31/01/23 |
31/01/23 to 31/01/24 |
31/01/24 to 31/01/25 |
|
|---|---|---|---|---|---|
| Fund | 8.4% | 7.8% | 1.4% | 3.2% | 16.6% |
| Sector | 9.9% | 10.6% | 2.9% | 7.5% | 9.7% |
| Rank | 46/120 | 93/123 | 76/129 | 113/130 | 7/130 |
| Quartile | 2 | 4 | 3 | 4 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/01/25 |
5 Years to 31/01/25 |
10 Years to 31/01/25 |
||
| Fund | 6.9% | 7.4% | 8.1% | |
| Sector | 6.6% | 8.1% | 8.2% | |
| Rank | 77/129 | 84/120 | 55/94 | |
| Quartile | 3 | 3 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ROCHE HOLDING AG | 4.82 |
| SAP SE | 3.76 |
| AIRBUS SE | 3.44 |
| KONINKLIJKE PHILIPS N.V. | 3.08 |
| AXA | 3.07 |
| HENKEL AG & CO. KGAA | 2.95 |
| ASML HOLDING N.V. | 2.84 |
| SANDOZ GROUP AG | 2.83 |
| SAAB AKTIEBOLAG | 2.68 |
| DNB ASA | 2.46 |
| Total | 31.93 |
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 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 (04/02/2025) | 171.10p |
| Historic yield | 2.06% |
| Fund size (31/12/2024) | £479.69m |
| Number of holdings | 60 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.92% |
| Launch date | 30/04/1987 |
Asset Allocation
| International Equities | 97.07% | |
| UK Equities | 1.48% | |
| Cash and Equivalents | 1.45% |
Commentary
Not Applicable
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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.
Asset Allocation
| International Equities | 97.07% | |
| UK Equities | 1.48% | |
| Cash and Equivalents | 1.45% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 22.11% | - | - | - | |
| Industrial Goods & Services | - | 20.65% | - | - | |
| Aerospace & Defence | - | - | 8.35% | - | |
| Aerospace | - | - | - | 6.12% | |
| Defense | - | - | - | 2.23% | |
| Industrial Transportation | - | - | 5.90% | - | |
| Railroad Equipment | - | - | - | 2.09% | |
| Transportation Services | - | - | - | 1.99% | |
| Commercial Vehicles & Parts | - | - | - | 1.83% | |
| Electronic & Electrical Equipment | - | - | 3.37% | - | |
| Electrical Components | - | - | - | 1.89% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 1.48% | |
| Industrial Support Services | - | - | 1.62% | - | |
| Transaction Processing Services | - | - | - | 1.62% | |
| Industrial Engineering | - | - | 1.40% | - | |
| Machinery: Industrial | - | - | - | 1.40% | |
| Construction & Materials | - | 1.45% | - | - | |
| Construction & Materials | - | - | 1.45% | - | |
| Building: Climate Control | - | - | - | 1.45% | |
| Health Care | 19.02% | - | - | - | |
| Health Care | - | 19.02% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 11.19% | - | |
| Pharmaceuticals | - | - | - | 9.07% | |
| Biotechnology | - | - | - | 2.12% | |
| Medical Equipment & Services | - | - | 4.35% | - | |
| Medical Equipment | - | - | - | 3.92% | |
| Medical Supplies | - | - | - | 0.43% | |
| Health Care Providers | - | - | 3.48% | - | |
| Health Care Services | - | - | - | 3.48% | |
| Financials | 15.19% | - | - | - | |
| Banks | - | 8.06% | - | - | |
| Banks | - | - | 8.06% | - | |
| Banks | - | - | - | 8.06% | |
| Financial Services | - | 3.67% | - | - | |
| Investment Banking & Brokerage Services | - | - | 3.67% | - | |
| Investment Services | - | - | - | 3.67% | |
| Insurance | - | 3.46% | - | - | |
| Non-life Insurance | - | - | 3.46% | - | |
| Full Line Insurance | - | - | - | 3.07% | |
| Reinsurance | - | - | - | 0.40% | |
| Consumer Discretionary | 12.33% | - | - | - | |
| Consumer Products & Services | - | 5.92% | - | - | |
| Personal Goods | - | - | 2.96% | - | |
| Clothing & Accessories | - | - | - | 1.71% | |
| Luxury Items | - | - | - | 1.26% | |
| Household Goods & Home Construction | - | - | 2.95% | - | |
| Household Equipment & Products | - | - | - | 2.95% | |
| Travel & Leisure | - | 3.19% | - | - | |
| Travel & Leisure | - | - | 3.19% | - | |
| Hotels & Motels | - | - | - | 1.16% | |
| Casinos & Gambling | - | - | - | 1.05% | |
| Restaurants & Bars | - | - | - | 0.97% | |
| Media | - | 1.66% | - | - | |
| Media | - | - | 1.66% | - | |
| Media Agencies | - | - | - | 1.66% | |
| Retail | - | 1.56% | - | - | |
| Retailers | - | - | 1.56% | - | |
| Apparel Retailers | - | - | - | 1.56% | |
| Technology | 11.52% | - | - | - | |
| Technology | - | 11.52% | - | - | |
| Software & Computer Services | - | - | 6.04% | - | |
| Software | - | - | - | 3.76% | |
| Computer Services | - | - | - | 2.28% | |
| Technology Hardware & Equipment | - | - | 5.48% | - | |
| Production Technology Equipment | - | - | - | 4.49% | |
| Semiconductors | - | - | - | 0.99% | |
| Basic Materials | 5.62% | - | - | - | |
| Basic Resources | - | 4.20% | - | - | |
| Industrial Materials | - | - | 2.20% | - | |
| Paper | - | - | - | 2.20% | |
| Industrial Metals & Mining | - | - | 2.00% | - | |
| Metal Fabricating | - | - | - | 2.00% | |
| Chemicals | - | 1.41% | - | - | |
| Chemicals | - | - | 1.41% | - | |
| Chemicals: Diversified | - | - | - | 0.76% | |
| Fertilizers | - | - | - | 0.65% | |
| Consumer Staples | 4.93% | - | - | - | |
| Food, Beverage & Tobacco | - | 4.93% | - | - | |
| Food Producers | - | - | 3.31% | - | |
| Food Products | - | - | - | 3.31% | |
| Beverages | - | - | 1.62% | - | |
| Distillers & Vintners | - | - | - | 1.62% | |
| Telecommunications | 4.29% | - | - | - | |
| Telecommunications | - | 4.29% | - | - | |
| Telecommunications Service Providers | - | - | 4.29% | - | |
| Telecommunications Services | - | - | - | 4.29% | |
| Energy | 1.99% | - | - | - | |
| Energy | - | 1.99% | - | - | |
| Renewable Energy | - | - | 1.58% | - | |
| Renewable Energy Equipment | - | - | - | 1.58% | |
| Non-Renewable Energy | - | - | 0.41% | - | |
| Oil: Crude Producers | - | - | - | 0.41% | |
| Cash and Equivalents | 1.45% | - | - | - | |
| Utilities | 0.96% | - | - | - | |
| Utilities | - | 0.96% | - | - | |
| Electricity | - | - | 0.96% | - | |
| Alternative Electricity | - | - | - | 0.96% | |
| Real Estate | 0.60% | - | - | - | |
| Real Estate | - | 0.60% | - | - | |
| Real Estate Investment & Services | - | - | 0.60% | - | |
| Real Estate Holding and Development | - | - | - | 0.60% | |
Regional Allocation
| Developed Europe - Excl UK | 95.43% | |
| Emerging Europe | 1.64% | |
| UK | 1.48% | |
| Cash and Equivalents | 1.45% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.13% | |
| Cash | 0.57% | |
| Swiss Franc | 0.29% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Developed Europe - Excl UK | 95.43% | - | |
Germany
|
- | 23.26% | |
Sweden
|
- | 14.27% | |
Netherlands
|
- | 13.97% | |
France
|
- | 11.67% | |
Switzerland
|
- | 9.30% | |
Denmark
|
- | 4.90% | |
Italy
|
- | 4.25% | |
Ireland
|
- | 3.97% | |
Spain
|
- | 3.66% | |
Norway
|
- | 2.88% | |
Finland
|
- | 1.11% | |
Austria
|
- | 0.96% | |
Belgium
|
- | 0.64% | |
Luxembourg
|
- | 0.60% | |
| Emerging Europe | 1.64% | - | |
Greece
|
- | 1.64% | |
| UK | 1.48% | - | |
United Kingdom
|
- | 1.48% | |
| Cash and Equivalents | 1.45% | - | |
Breakdown By Market Cap (%)
| Mega |
|
43.37% |
| Large |
|
31.02% |
| Medium |
|
18.40% |
| Non-Classified |
|
5.77% |
| Cash |
|
1.45% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ROCHE HOLDING AG | 4.82% | Pharmaceuticals & Biotechnology | Switzerland |
| 2 | SAP SE | 3.76% | Software & Computer Services | Germany |
| 3 | AIRBUS SE | 3.44% | Aerospace & Defence | Netherlands |
| 4 | KONINKLIJKE PHILIPS N.V. | 3.08% | Medical Equipment & Services | Netherlands |
| 5 | AXA | 3.07% | Non-life Insurance | France |
| 6 | HENKEL AG & CO. KGAA | 2.95% | Household Goods & Home Construction | Germany |
| 7 | ASML HOLDING N.V. | 2.84% | Technology Hardware & Equipment | Netherlands |
| 8 | SANDOZ GROUP AG | 2.83% | Pharmaceuticals & Biotechnology | Switzerland |
| 9 | SAAB AKTIEBOLAG | 2.68% | Aerospace & Defence | Sweden |
| 10 | DNB ASA | 2.46% | Banks | Norway |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 11.52% | - | - | - | - | - | - | 11.52% |
| Telecommunications | - | 4.29% | - | - | - | - | - | - | 4.29% |
| Financials | - | 15.19% | - | - | - | - | - | - | 15.19% |
| Real Estate | - | 0.60% | - | - | - | - | - | - | 0.60% |
| Consumer Discretionary | - | 12.33% | - | - | - | - | - | - | 12.33% |
| Consumer Staples | - | 4.93% | - | - | - | - | - | - | 4.93% |
| Energy | - | 1.99% | - | - | - | - | - | - | 1.99% |
| Utilities | - | 0.96% | - | - | - | - | - | - | 0.96% |
| Health Care | - | 19.02% | - | - | - | - | - | - | 19.02% |
| Industrials | 1.48% | 20.63% | - | - | - | - | - | - | 22.11% |
| Basic Materials | - | 5.62% | - | - | - | - | - | - | 5.62% |
| Cash and Equivalents | - | - | - | - | - | - | - | 1.45% | 1.45% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 |  |
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 |
| 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 investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 0.58 |
| Beta | 1.00 |
| Sharpe | 0.25 |
| Standard Deviation | 13.61 |
| Info Ratio | 0.12 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.