Morningstar Fund Report  | 02/04/2025Print

Schroder International Selection Fund Frontier Markets Equity C Accumulation EUR

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Schroder International Selection Fund Frontier Markets Equity C Accumulation EUR
Fund31.2-2.218.619.6-0.1
+/-Cat8.85.410.10.9-0.4
+/-B’mrk10.414.913.28.2-4.9
 
Category: Global Frontier Markets Equity
Category Benchmark: MSCI Frontier Markets NR USD
Key Stats
NAV
01/04/2025		 EUR 279.56
Day Change 0.44%
Morningstar Category™ Global Frontier Markets Equity
ISIN LU0968301142
Fund Size (Mil)
01/04/2025		 USD 613.93
Share Class Size (Mil)
01/04/2025		 USD 156.45
Max Initial Charge 1.00%
Ongoing Charge
30/01/2025		  1.37%
Morningstar Research
Analyst Report15/10/2024
Harsh Jain, Analyst
Morningstar, Inc

Schroder ISF Frontier Markets benefits from an experienced manager and wide resources at Schroders. While previous concerns of the change of the investment universe and team turnover held back our conviction, it has since strengthened owing to...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent24
Process23
Performance
Price
Investment Objective: Schroder International Selection Fund Frontier Markets Equity C Accumulation EUR
The Fund aims to provide capital growth in excess of the MSCI Frontier Emerging Markets (FEM) index (Net TR) with emerging markets capped at 10% after fees have been deducted over a three to five year period by investing in equity and equity related securities of frontier emerging markets companies.
Returns
Trailing Returns (GBP)01/04/2025
YTD0.29
3 Years Annualised12.01
5 Years Annualised18.48
10 Years Annualised8.32
12 Month Yield 0.00
Management
Manager Name
Start Date
Tom Wilson
01/08/2016
Rami Sidani
15/12/2010
Inception Date
11/09/2013

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI Fr EM with EM cap at 10% NR EURMSCI Frontier Markets NR USD
Portfolio Profile for  Schroder International Selection Fund Frontier Markets Equity C Accumulation EUR28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock95.810.0095.81
Bond0.000.000.00
Property0.000.000.00
Cash6.101.914.19
Other0.000.000.00
Top 5 Regions%
Asia - Emerging48.11
Middle East23.86
Africa7.83
Eurozone7.44
Europe - Emerging6.25
Top 5 Sectors%
Financial Services39.29
Technology11.27
Industrials10.84
Real Estate10.44
Energy8.24
Top 5 HoldingsSector%
Kaspi.kz JSC ADSTechnologyTechnology6.24
Halyk Bank of Kazakhstan JSC Shs... Financial ServicesFinancial Services5.27
Military Commercial Joint Stock ... Financial ServicesFinancial Services4.71
Asia Commercial Joint Stock Bank... Financial ServicesFinancial Services4.57
FPT CorpTechnologyTechnology4.56
Increase Decrease New since last portfolio
Schroder International Selection Fund Frontier Markets Equity C Accumulation EUR
Growth Of 1000 (GBP) 31/03/2025
Fund:  Schroder International Selection Fund Frontier Markets Equity C Accumulation EUR
Category:  Global Frontier Markets Equity
Category Index:  MSCI Frontier Markets NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-14.879.85-2.2431.20-2.1818.5619.60-0.15
+/- Category-1.644.66-0.998.785.4010.130.92-0.38
+/- Category Index-3.65-3.59-0.5410.3614.8913.228.22-4.87
% Rank in Category69324825181446-
Trailing Returns (GBP)01/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.44   0.800.13
1 Week1.01   1.030.71
1 Month-0.92   0.15-1.56
3 Months0.29   -0.24-4.66
6 Months3.48   -3.98-7.10
YTD0.29   -0.24-4.76
1 Year3.39   -4.52-6.18
3 Years Annualised12.01   0.939.67
5 Years Annualised18.48   1.079.23
10 Years Annualised8.32   0.843.65
 
Category: Global Frontier Markets Equity
Category Index: MSCI Frontier Markets NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-0.15---
202415.970.97-2.104.33
2023-0.045.2410.831.69
2022-1.59-3.026.50-3.76
20212.2814.156.115.91
2020-22.9115.621.098.49
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAbove Average4 star
5-YearAbove AverageAverage4 star
10-YearAbove AverageAverage4 star
OverallAbove AverageAverage4 star
 
Category :  Global Frontier Markets EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.83 %
3-Yr Mean Return12.94 %
 
3-Yr Sharpe Ratio0.64
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 MSCI Frontier Markets NR USD  MSCI Frontier Markets NR USD
3-Yr Beta0.900.91
3-Yr Alpha8.979.68
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 6436-
Market Capitalisation% of Equity
Giant0.00
Large51.35
Medium41.58
Small7.07
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings8.220.97
Price/Book1.391.07
Price/Sales2.111.56
Price/Cash Flow8.611.22
Dividend-Yield Factor5.401.11
 
Long-Term Projected Earnings Growth7.860.85
Historical Earnings Growth17.370.90
Sales Growth10.291.07
Cash-Flow Growth-10.1018.66
Book-Value Growth12.613.48
 
Category: Global Frontier Markets Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock95.810.0095.81
Bond0.000.000.00
Property0.000.000.00
Cash6.101.914.19
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States0.810.26
Canada0.000.00
Latin America3.670.64
United Kingdom0.980.34
Eurozone7.440.85
Europe - ex Euro1.040.72
Europe - Emerging6.250.80
Africa7.830.89
Middle East23.861.49
Japan0.00-
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging48.111.10
 
Category: Global Frontier Markets Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials4.110.59
Consumer CyclicalConsumer Cyclical3.920.52
Financial ServicesFinancial Services39.291.10
Real EstateReal Estate10.441.36
Consumer DefensiveConsumer Defensive2.700.43
HealthcareHealthcare4.081.03
UtilitiesUtilities2.591.12
Communication ServicesCommunication Services2.540.87
EnergyEnergy8.241.22
IndustrialsIndustrials10.841.34
TechnologyTechnology11.270.97
 
Category: Global Frontier Markets Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings57
Total Number of Bond Holdings0
Assets in Top 10 Holdings42.46
NameSectorCountry% of Assets
Kaspi.kz JSC ADS311Kazakhstan6.24
Halyk Bank of Kazakhstan JSC Shs Spon... 103Kazakhstan5.27
Military Commercial Joint Stock Bank103Vietnam4.71
Asia Commercial Joint Stock Bank Ordi... 103Vietnam4.57
FPT Corp311Vietnam4.56
Nova Ljubljanska banka dd Ljubljana ADR103Slovenia4.04
Gemadept Corp310Vietnam4.01
Banca Transilvania SA103Romania3.14
Krka DD206Slovenia3.09
Hoa Phat Group JSC101Vietnam2.84
 
Increase Decrease New since last portfolio
Category: Global Frontier Markets Equity
 
Management
Name of CompanySchroder Investment Management (Europe) S.A.
Phone+352 341 342 202
Websitewww.schroders.com
Address5, rue Höhenhof
 Luxembourg   L-1736
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date11/09/2013
Fund Advisor(s)
Schroder Investment Management Limited
Fund ManagerTom Wilson
Manager Start Date01/08/2016
Education
Newcastle University, B.A.
 
Biography
– Head of Emerging Market Equities, based in London – Appointed Global Emerging Markets Fund Manager in November 2014, following seven years as the Head of EMEA within the Emerging Market Equities team. EMEA analyst from 2004 until 2007. Joined the Global Oils team in 2002 covering Emerging European stocks – Investment career commenced in October 2001 upon joining the Schroders’ Graduate Scheme – CFA charterholder – BA (Hons) in History, Newcastle University
Fund ManagerRami Sidani
Manager Start Date15/12/2010
Education
HEC, M.S.
AUB, M.A.
 
Biography
Rami Sidani is a Head of Frontier Investments at Schroders, which involves managing funds in Frontier markets. He joined Schroders in 2008 and is based in London. Rami was a Fund Manager at Shuaa Capital from 2004 to 2008, which involved managing money in Middle East and Africa. Qualifications: MSc in Finance and Economics from HEC; MBA from LAU; MA in Economics from AUB.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge1.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.00%
Ongoing Charge1.37%
Purchase Details
Minimum Investments
Initial1000  EUR
Additional1000  EUR
Savings-
Tax Free Savings Schemes
ISAsYes