Welcome to the new morningstar.co.uk! Learn more about the changes and how our new features help your investing success.

Schroder Recovery Fund A Accumulation GBP

Performance History30/11/2019
Growth of 1,000 (GBP) Advanced Graph
Schroder Recovery Fund A Accumulation GBP
Fund-13.430.27.3-4.54.7
+/-Cat-20.319.8-8.87.7-14.0
+/-B’mrk-14.413.4-5.85.0-10.6
 
Category: UK Flex-Cap Equity
Category Benchmark: FTSE AllSh TR GBP
Key Stats
NAV
11/12/2019		 GBP 215.40
Day Change 0.23%
Morningstar Category™ UK Flex-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB0007893760
Fund Size (Mil)
11/12/2019		 GBP 1099.30
Share Class Size (Mil)
11/12/2019		 GBP 32.88
Max Initial Charge -
Ongoing Charge
11/10/2019		  1.66%
*  This rating and report were issued for a different share class of this fund. The performance and fee structure of this class may vary from that referenced.
Morningstar Research
Analyst Report

The fund benefits from a management partnership that has been in place for over a decade. It remains one of our higher-conviction ideas within the deep-value U.K. equities space. Fund managers Nick Kirrage and Kevin Murphy have demonstrated a...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeoplePositive
ParentPositive
ProcessPositive
PerformancePositive
PriceNeutral
Investment Objective: Schroder Recovery Fund A Accumulation GBP
The Fund aims to provide capital growth by investing in equity and equity related securities of UK companies that have suffered a severe setback in either share price or profitability. The Fund is actively managed and invests at least 80% of its assets in equity and equity related securities of UK companies.
Returns
Trailing Returns (GBP)11/12/2019
YTD4.01
3 Years Annualised2.59
5 Years Annualised4.25
10 Years Annualised9.15
12 Month Yield 2.65
Management
Manager Name
Start Date
Nick Kirrage
21/07/2006
Kevin Murphy
21/07/2006
Inception Date
05/05/1970
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPFTSE AllSh TR GBP
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Schroder Recovery Fund A Accumulation GBP31/08/2019
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.020.0096.02
Bond1.040.001.04
Property0.000.000.00
Cash4.891.942.95
Other0.000.000.00
Top 5 Regions%
United Kingdom83.67
Australasia5.09
United States4.27
Eurozone4.02
Africa1.40
Top 5 Sectors%
Financial Services31.89
Basic Materials12.26
Consumer Cyclical12.15
Energy9.10
Consumer Defensive9.06
Top 5 HoldingsSector%
BP PLCEnergyEnergy5.30
HSBC Holdings PLCFinancial ServicesFinancial Services5.25
Pearson PLCConsumer CyclicalConsumer Cyclical5.19
Standard Chartered PLCFinancial ServicesFinancial Services5.02
South32 LtdBasic MaterialsBasic Materials4.77
Increase Decrease New since last portfolio
Schroder Recovery Fund A Accumulation GBP
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.
  • Other Morningstar Websites
© Copyright 2018 Morningstar, Inc. All rights reserved.      Terms of Use     Privacy Policy.    Cookie Consent
HelpGlossaryLicensing OpportunitiesData OpportunitiesCareersContact MorningstarMethodologyAdvertiseSite MapCookie Consent
© Copyright 2019 Morningstar. All rights reserved. Terms of Use | Privacy Policy | Cookies

The Morningstar Star Rating for Stocks is assigned based on an analyst's estimate of a stocks fair value. It is projection/opinion and not a statement of fact. Morningstar assigns star ratings based on an analyst’s estimate of a stock's fair value. Four components drive the Star Rating: (1) our assessment of the firm’s economic moat, (2) our estimate of the stock’s fair value, (3) our uncertainty around that fair value estimate and (4) the current market price. This process culminates in a single-point star rating that is updated daily. A 5-star represents a belief that the stock is a good value at its current price; a 1-star stock isn't. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Morningstar Star Rating for Stocks, please visit here

Quantitative Fair Value Estimate represents Morningstar’s estimate of the per share dollar amount that a company’s equity is worth today. The Quantitative Fair Value Estimate is based on a statistical model derived from the Fair Value Estimate Morningstar’s equity analysts assign to companies which includes a financial forecast of the company. The Quantitative Fair Value Estimate is calculated daily. It is a projection/opinion and not a statement of fact. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Quantiative Fair Value Estimate, please visit here