- ACCOUNT ACCESS
-
CONTACT US
Pre-Sales Support
Mutual Funds and ETFs - 800-456-7526
Monday-Thursday: 8:00 a.m. – 6:00 p.m. ET
Friday: 8:00 a.m. – 5:00 p.m. ETPost-Sales and Website Support
888-843-7824
Monday-Friday: 9:00 a.m. - 6:00 p.m. ET- PHONE US MAIL US
- ADVISOR LOG IN
Effective as of the close of business on 4/15/21, the Fund was closed to new investors, except as disclosed in the prospectus.
Objective
Seeks capital appreciation.
Overview
An emerging markets fund that combines top-down country allocation analysis with bottom-up stock selection.
Portfolio Management
Portfolio Manager
8
YRS
MANAGING THIS FUND
22
YRS
AT SCHRODERS
22
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
17
YRS
MANAGING THIS FUND
37
YRS
AT SCHRODERS
41
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
17
YRS
MANAGING THIS FUND
32
YRS
AT SCHRODERS
32
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
17
YRS
MANAGING THIS FUND
18
YRS
AT SCHRODERS
30
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
6
YRS
MANAGING THIS FUND
17
YRS
AT SCHRODERS
32
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
0
YRS
MANAGING THIS FUND
15
YRS
AT SCHRODERS
19
YRS
EXPERIENCE IN THIS INDUSTRY
The portfolio managers are supported by the full resources of Schroders.
Performance
PERFORMANCE %
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
SI = Since Inception.
Fund Inception: 03/31/2006
Performance prior to 10/24/16 for Class I-shares reflects the performance, fees, and expenses of the Investor Class of the predecessor fund Schroder Emerging Market Equity Fund. If Class I fees and expenses were reflected, performance would have differed. SI performance is calculated from 3/31/06.
Characteristics
FUND STATS
| # of Holdings | 118 |
|---|---|
| Turnover- (6/30/2023) | 45% |
| Active Share | 63% |
Holdings Characteristics
| FUND | MSCI Emerging Markets Index | |
|---|---|---|
| As of Date | 8/31/2023 | --- |
| Price/Earnings | 12.3x | 11.3x |
| Price/Book | 2.0x | 1.6x |
| Asset Weighted Market Cap (billions) | $136.5 | $103.1 |
| Median Market Cap (billions) | $17.9 | $6.4 |
| Return on Equity | 16.7% | 15.3% |
Regional Exposure (%)
| Asia | 71 |
| Latin America | 15 |
| EMEA | 14 |
Market Cap Distribution (%)
| Less than $2 billion | 1 | |
| $2 billion - $5 billion | 3 | |
| $5 billion - $10 billion | 13 | |
| Greater than $10 billion | 84 | |
| Not Classified | 0 | |
RETURN CHARACTERISTICS
|
Alpha (5 Year)
|
0.30 |
|
Down Capture (5 Year)
|
100.87 |
|
Information Ratio (5 Year)
|
0.05 |
|
Sharpe Ratio (5 Year)
|
0.07 |
|
Up Capture (5 Year)
|
101.62 |
Country Allocation (%)
Represents 92% of total country allocation
Sector Exposure (%)
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
|---|---|---|---|---|---|---|---|
| 6/30/23 | 8/31/23 | 8/31/23 | -6 0 6 | ||||
| Information Technology | 27 | 27 | 21 | ||||
| Financials | 28 | 25 | 22 | ||||
| Consumer Staples | 7 | 7 | 6 | ||||
| Consumer Discretionary | 12 | 13 | 14 | ||||
| Communication Services | 9 | 9 | 10 | ||||
| Industrials | 6 | 6 | 7 | ||||
| Real Estate | 2 | 1 | 2 | ||||
| Energy | 2 | 3 | 5 | ||||
| Health Care | 2 | 2 | 4 | ||||
| Utilities | 1 | 1 | 3 | ||||
| Materials | 4 | 5 | 8 | ||||
Based on Global Industry Classification Standard (GICS), which was developed by and is the exclusive property and a service mark of MSCI Inc. (MSCI) and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. (S&P). Excludes cash. May not total to 100% due to rounding and/or pooled vehicle allocations.
Past distributions are not indicative of future distributions.
Insights
Fund Literature
06/30/2023 - PDF (247 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
06/30/2023 - PDF (281 KB)
Current quarterly commentary from sub-adviser, Schroders, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
PDF (148 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision
06/30/2023 - PDF (787 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, portfolio statistics, top holdings, and current performance.
PDF (4 KB)
An unaudited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
PDF (13 KB)
A legal document that discloses essential information about a fund, including investment objectives, risks, fees, expenses, fund manager background and other information.
PDF (4 KB)
An audited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
Important Risks: Investing involves risk, including the possible loss of principal. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political, economic and regulatory developments. These risks may be greater, and include additional risks, for investments in emerging markets or if the Fund focuses in a particular geographic region or country, such as China. • Risks associated with investments in China include currency fluctuation, political, economic, social, environmental, regulatory and other risks, including risks associated with differing legal standards. • Mid-cap securities can have greater risks and volatility than large-cap securities. • To the extent the Fund focuses on one or more sectors, the Fund may be subject to increased volatility and risk of loss if adverse developments occur. • Integration of environmental, social, and/or governance (ESG) characteristics into the investment process may not work as intended.
Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI's express written consent.
2743803