Morningstar Fund Report  | 05/04/2025Print

Schroder Global Recovery Fund L Accumulation GBP

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Schroder Global Recovery Fund L Accumulation GBP
Fund24.01.713.97.82.7
+/-Cat5.71.24.6-1.60.8
+/-B’mrk2.7-1.95.1-6.62.4
 
Category: Global Large-Cap Value Equity
Category Benchmark: Morningstar Gbl Val TME NR USD
Key Stats
NAV
04/04/2025		 GBP 1.12
Day Change -4.19%
Morningstar Category™ Global Large-Cap Value Equity
IA (formerly IMA) Sector Global
ISIN GB00BYRJXP30
Fund Size (Mil)
03/04/2025		 GBP 935.37
Share Class Size (Mil)
03/04/2025		 GBP 220.81
Max Initial Charge -
Ongoing Charge
19/02/2025		  0.87%
Morningstar Research
Analyst Report29/08/2024
Daniel Haydon, Analyst
Morningstar, Inc

Despite a reshuffling of portfolio management responsibilities, we believe the disciplined process of Schroder Global Recovery can continue to be consistently executed. It maintains a Morningstar Analyst Rating of Bronze for the clean share...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent24
Process24
Performance
Price
Investment Objective: Schroder Global Recovery Fund L Accumulation GBP
The Fund aims to provide capital growth in excess of the MSCI World (Net Total Return) Index (after fees have been deducted) over a three to five year period by investing in equity and equity related securities of companies worldwide which are considered to be undervalued relative to their long term earnings potential. The Fund is actively managed and invests at least 80% of its assets in equity and equity related securities of companies worldwide that have suffered a set back in either share price or profitability, but where long term prospects are believed to be good.
Returns
Trailing Returns (GBP)04/04/2025
YTD-4.02
3 Years Annualised6.22
5 Years Annualised15.95
10 Years Annualised-
12 Month Yield 2.55
Management
Manager Name
Start Date
Simon Adler
01/11/2018
Liam Nunn
28/02/2020
Inception Date
30/10/2015

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI World NR GBPMorningstar Gbl Val TME NR USD
Portfolio Profile for  Schroder Global Recovery Fund L Accumulation GBP28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.550.0098.55
Bond0.000.000.00
Property0.000.000.00
Cash1.630.181.45
Other0.000.000.00
Top 5 Regions%
United States31.14
Eurozone23.75
United Kingdom17.49
Japan12.81
Asia - Emerging5.65
Top 5 Sectors%
Consumer Cyclical22.22
Communication Services18.92
Healthcare15.35
Financial Services15.11
Consumer Defensive9.78
Top 5 HoldingsSector%
BT Group PLCCommunication ServicesCommunication Services2.97
Molson Coors Beverage Co Shs -B-... Consumer DefensiveConsumer Defensive2.79
Standard Chartered PLCFinancial ServicesFinancial Services2.77
GSK PLCHealthcareHealthcare2.66
Continental AGConsumer CyclicalConsumer Cyclical2.64
Increase Decrease New since last portfolio
Schroder Global Recovery Fund L Accumulation GBP
Growth Of 1000 (GBP) 31/03/2025
Fund:  Schroder Global Recovery Fund L Accumulation GBP
Category:  Global Large-Cap Value Equity
Category Index:  Morningstar Gbl Val TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-8.0317.97-7.1823.951.6613.877.852.65
+/- Category0.283.35-8.935.721.174.57-1.560.84
+/- Category Index---2.67-1.945.13-6.622.36
% Rank in Category4924951744156236
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-4.19   -2.150.22
1 Week-8.64   -5.36-3.75
1 Month-7.89   -2.77-0.75
3 Months-4.76   -3.700.27
6 Months-4.51   -5.07-2.50
YTD-4.02   -3.83-0.03
1 Year-1.41   -3.70-3.54
3 Years Annualised6.22   0.48-0.11
5 Years Annualised15.95   2.481.30
10 Years Annualised-   --
 
Category: Global Large-Cap Value Equity
Category Index: Morningstar Gbl Val TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20252.65---
20244.99-2.736.06-0.43
20237.560.291.364.13
20220.78-3.04-5.6310.25
202113.803.533.331.82
2020-31.5913.70-2.4022.27
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAbove Average3 star
5-YearAbove AverageAbove Average3 star
10-Year--Not Rated
OverallAbove AverageAbove Average3 star
 
Category :  Global Large-Cap Value EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.65 %
3-Yr Mean Return9.17 %
 
3-Yr Sharpe Ratio0.38
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Val TME NR USD  FTSE AllSh TR GBP
3-Yr Beta1.101.02
3-Yr Alpha0.321.21
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 13221-
Market Capitalisation% of Equity
Giant11.03
Large36.57
Medium35.66
Small11.65
Micro5.08
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings9.170.71
Price/Book0.930.57
Price/Sales0.470.51
Price/Cash Flow4.890.60
Dividend-Yield Factor5.021.70
 
Long-Term Projected Earnings Growth11.081.06
Historical Earnings Growth-9.26-3.14
Sales Growth2.920.51
Cash-Flow Growth1.58-0.52
Book-Value Growth1.520.27
 
Category: Global Large-Cap Value Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.550.0098.55
Bond0.000.000.00
Property0.000.000.00
Cash1.630.181.45
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States31.140.62
Canada0.010.01
Latin America1.242.30
United Kingdom17.491.69
Eurozone23.751.28
Europe - ex Euro3.800.66
Europe - Emerging0.025.01
Africa1.109.58
Middle East0.000.00
Japan12.811.82
Australasia0.000.00
Asia - Developed2.990.91
Asia - Emerging5.652.50
 
Category: Global Large-Cap Value Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials7.651.56
Consumer CyclicalConsumer Cyclical22.222.22
Financial ServicesFinancial Services15.110.72
Real EstateReal Estate0.020.01
Consumer DefensiveConsumer Defensive9.781.19
HealthcareHealthcare15.351.11
UtilitiesUtilities0.030.01
Communication ServicesCommunication Services18.922.21
EnergyEnergy3.550.85
IndustrialsIndustrials4.670.41
TechnologyTechnology2.720.19
 
Category: Global Large-Cap Value Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings60
Total Number of Bond Holdings0
Assets in Top 10 Holdings25.71
NameSectorCountry% of Assets
BT Group PLC308United Kingdom2.97
Molson Coors Beverage Co Shs -B- Non-... 205United States2.79
Standard Chartered PLC103United Kingdom2.77
GSK PLC206United Kingdom2.66
Continental AG102Germany2.64
Verizon Communications Inc308United States2.52
Bristol-Myers Squibb Co206United States2.40
The Swatch Group AG Bearer Shares102Switzerland2.38
The Kraft Heinz Co205United States2.29
Societe Generale SA103France2.29
 
Increase Decrease New since last portfolio
Category: Global Large-Cap Value Equity
 
Management
Name of CompanySchroder Unit Trusts Limited
Phone0800 182 2399
Website -
Address1 London Wall Place
 London   EC2Y 5AU
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date30/10/2015
Fund Advisor(s)
Schroder Investment Management Limited
Fund ManagerSimon Adler
Manager Start Date01/11/2018
Career Start Year2008
Education
Edinburgh University, M.A.
 
Biography
Simon Adler is a fund manager in Schroders Global Value team who manage income, recovery and sustainable strategies across four geographies: UK, European, global and emerging markets. Simon co-manages Global Recovery, Global Income and Global Sustainable Value strategies. He joined the Global Value team in July 2016 to manage portfolios. His investment career commenced in 2008 at Schroders as a UK equity analyst. He was previously sector analyst responsible for Chemicals, Media, Transport, Travel & Leisure and Utilities. He was a Global Sustainability Specialist in Global Equity team until 2016. Qualifications: CFA Charterholder; MA in Politics, Edinburgh University
Fund ManagerLiam Nunn
Manager Start Date28/02/2020
Career Start Year2011
 
Biography
Co-manager of Global Income strategies and deputy fund manager of Global Recovery strategies Joined the Global Value team in January 2019 as an analyst Investment career commenced in 2011 at Schroders as a Pan European sector analyst Moved to Merian Global Investors (formerly Old Mutual Global Investors) in 2015 as an equity analyst/fund manager Chartered Financial Analyst Degree in Politics, Philosophy and Economics, Durham University
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.00%
Ongoing Charge0.87%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes