Schroder ISF Strategic Credit - Neutral

FUND RESEARCH UPDATE: Fund rating downgraded to Neutral

Jeremy Beckwith 20 July, 2015 | 6:43AM
Facebook Twitter LinkedIn

Following a recent Morningstar Analyst Ratings Committee Meeting, we have downgraded the Morningstar Analyst Rating™ for Schroder ISF Strategic Credit to Neutral. The fund previously held a Bronze rating. Whilst investors here have access to the long and valuable experience of fund manager Peter Harvey, and the fund’s distinctive approach compared to other funds, we don’t believe that this approach has proved its effectiveness over time. The fund has delivered only average results on a risk-adjusted basis since inception and we don’t see this fund as having a clear and durable competitive advantage over its competitors.

See the latest Morningstar fund rating news 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.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Schroder ISF Strat Crdt C Dis SV90.68 GBP-0.01Rating

About Author

Jeremy Beckwith  is Director of Manager Research for Morningstar UK

© Copyright 2024 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures