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
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 International Alpha Fund. If Class I fees and expenses were reflected, performance would have differed. SI performance is calculated from 12/19/85.
Characteristics
# of Holdings | 52 |
---|---|
Turnover | 28% |
Active Share | 83% |
FUND | MSCI ACWI ex USA Index | |
---|---|---|
Price/Earnings | 15.5x | 13.4x |
Price/Book | 2.6x | 1.8x |
Asset Weighted Market Cap (billions) | $158.6 | $111.8 |
Median Market Cap (billions) | $83.5 | $10.9 |
Return on Equity | 14.2% | 14.0% |
Continental Europe | 40 |
United Kingdom | 24 |
Japan | 14 |
Emerging Markets | 12 |
North America | 8 |
Pacific ex Japan | 2 |
SAP SE | 4.39 |
Taiwan Semiconductor Manufacturing Co. Ltd. | 3.82 |
Unilever PLC | 3.15 |
Novo Nordisk AS | 2.81 |
ASML Holding NV | 2.75 |
Roche Holding AG | 2.74 |
Shell PLC | 2.67 |
RELX PLC | 2.65 |
Siemens AG | 2.36 |
Chocoladefabriken Lindt & Spruengli AG | 2.35 |
Total Portfolio % | 29.69 |
Less than $2 billion | 0 | |
$2 billion - $5 billion | 0 | |
$5 billion - $10 billion | 3 | |
Greater than $10 billion | 97 | |
Not Classified | 0 |
Alpha (5 Year)
|
3.13 |
Down Capture (5 Year)
|
101.71 |
Information Ratio (5 Year)
|
0.72 |
Sharpe Ratio (5 Year)
|
0.53 |
Up Capture (5 Year)
|
113.05 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
6/30/24 | 9/30/24 | 9/30/24 | -6 0 6 | ||||
Industrials | 19 | 20 | 14 | ||||
Health Care | 18 | 15 | 9 | ||||
Information Technology | 19 | 17 | 13 | ||||
Consumer Staples | 11 | 11 | 7 | ||||
Communication Services | 5 | 6 | 6 | ||||
Energy | 3 | 3 | 5 | ||||
Utilities | 1 | 1 | 3 | ||||
Real Estate | 0 | 0 | 2 | ||||
Consumer Discretionary | 9 | 8 | 11 | ||||
Materials | 2 | 2 | 7 | ||||
Financials | 14 | 17 | 23 |
Insights
Fund Literature