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Schroder European Absolute Target - Bronze

FUND RESEARCH UPDATE: Morningstar Analyst Rating moved to Bronze

Fatima Khizou 7 June, 2016 | 6:44AM

Following a recent Morningstar Analyst Ratings meeting, we have awarded the Schroder European Absolute Target fund a Morningstar Analyst Rating™ of Bronze. The fund’s rating was previously Under Review, following a change in the fund’s investment universe from UK to pan-European equities in April 2015. Fund manager Steve Cordell is a key attraction here, as he brings a wealth of experience in investing in European equities across a number of market cycles, using the same investment process. His track record on the Schroder ISF European Equity Absolute Return fund (previously Cazenove European Equity Absolute Return) using the same approach that combines top-down (economic cycle) and thorough bottom-up research is strong and demonstrates that he has the required skillset to run such a flexible mandate.

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.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Schroder European Eq Abs Ret P1 Acc Euro1.01 EUR0.10

About Author

Fatima Khizou  is an Investment Research Analyst for Morningstar

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