Objective
Seeks long-term capital appreciation through investment in securities markets outside the United States.
Overview
A high-conviction international equity fund that seeks to exploit growth gaps through fundamental research.
The portfolio managers are supported by the full resources of Schroders.
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: 12/19/1985
Share Class Inception: 2/28/17.
Class F-shares performance prior to 2/28/17 reflects the performance and operating expenses of Class I-shares, and prior to 10/24/16, the performance and operating expenses of the Investor Class of the predecessor fund, Schroder International Alpha Fund. Performance for Class F-shares prior to its inception date would have differed if Class F- operating expenses had been reflected. Since Inception (SI) performance is calculated from 12/19/85.
Characteristics
# of Holdings | 52 |
---|---|
Turnover | 28% |
Active Share | 82% |
FUND | MSCI ACWI ex USA Index | |
---|---|---|
Price/Earnings | 15.6x | 12.7x |
Price/Book | 2.9x | 1.9x |
Asset Weighted Market Cap (billions) | $164.9 | $113.4 |
Median Market Cap (billions) | $84.5 | $9.8 |
Return on Equity | 14.4% | 14.0% |
Continental Europe | 40 |
United Kingdom | 24 |
Japan | 14 |
Emerging Markets | 11 |
North America | 8 |
Pacific ex Japan | 3 |
SAP SE | 4.23 |
Taiwan Semiconductor Manufacturing Co. Ltd. | 3.77 |
Novo Nordisk AS | 3.30 |
Unilever PLC | 3.16 |
ASML Holding NV | 2.99 |
Roche Holding AG | 2.90 |
Shell PLC | 2.89 |
RELX PLC | 2.63 |
Samsung Electronics Co. Ltd. | 2.57 |
Chocoladefabriken Lindt & Spruengli AG | 2.42 |
Total Portfolio % | 30.86 |
Less than $2 billion | 0 | |
$2 billion - $5 billion | 0 | |
$5 billion - $10 billion | 2 | |
Greater than $10 billion | 98 | |
Not Classified | 0 |
Alpha (5 Year)
|
3.49 |
Down Capture (5 Year)
|
101.71 |
Information Ratio (5 Year)
|
0.84 |
Sharpe Ratio (5 Year)
|
0.55 |
Up Capture (5 Year)
|
114.47 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
6/30/24 | 8/31/24 | 8/31/24 | -6 0 6 | ||||
Health Care | 18 | 16 | 10 | ||||
Industrials | 19 | 19 | 14 | ||||
Information Technology | 19 | 18 | 13 | ||||
Consumer Staples | 11 | 11 | 7 | ||||
Communication Services | 5 | 5 | 5 | ||||
Consumer Discretionary | 9 | 9 | 11 | ||||
Energy | 3 | 3 | 5 | ||||
Utilities | 1 | 1 | 3 | ||||
Real Estate | 0 | 0 | 2 | ||||
Financials | 14 | 17 | 22 | ||||
Materials | 2 | 2 | 7 |
Insights
Fund Literature