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

Schroder UK Growth - Under Review

INVESTMENT TRUST RESEARCH UPDATE: Morningstar analysts move the Rating to Under Review

Jackie Beard, FCSI 8 September, 2014 | 3:12PM

We have placed the Morningstar Analyst Rating™ for the Schroder UK Growth (SDU) fund Under Review following the announcement that manager Julie Dean has left the firm. The fund previously held a Silver rating. Matt Hudson, a core member of the Schroder Business Cycle Investment team, has assumed responsibility for the team. However, the board has announced that while the team will take over for the time being, they will make another announcement in due course on the fund’s management, after consulting with shareholders. We await clarity on this and until such time the rating is under review.

Find out more about how Morningstar analysts rate funds and investment trusts here.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Baillie Gifford UK Growth185.12 GBX-0.21

About Author

Jackie Beard, FCSI

Jackie Beard, FCSI  is Director of Manager Research Services, Morningstar EMEA

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