Morningstar Fund Report  | 07/04/2025Print

Schroder Global Alternative Energy Fund Class S GBP Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Schroder Global Alternative Energy Fund Class S GBP Accumulation
Fund-2.66.0-13.8-25.9-8.1
+/-Cat-3.012.0-1.2-14.8-0.6
+/-B’mrk-14.17.7-15.1-26.8-4.2
 
Category: Sector Equity Alternative Energy
Category Benchmark: Morningstar Gbl Renew Enrg ...
Key Stats
NAV
07/04/2025		 GBP 0.29
Day Change -3.68%
Morningstar Category™ Sector Equity Alternative Energy
IA (formerly IMA) Sector Global
ISIN GB00BF781H53
Fund Size (Mil)
04/04/2025		 GBP 136.59
Share Class Size (Mil)
04/04/2025		 GBP 8.48
Max Initial Charge -
Ongoing Charge
26/02/2025		  0.58%
Investment Objective: Schroder Global Alternative Energy Fund Class S GBP Accumulation
The Fund aims to provide capital growth by investing in equity and equity related securities of companies worldwide that the investment manager assesses as making a positive contribution to the global transition to alternative, lower carbon sources of energy, such as companies involved in lower carbon energy production, distribution, storage, transport and the supply of related materials and technology. These are companies that either (1) generate at least 50% of their revenue from activities associated with the transition to alternative sources of energy; or (2) meet the investment manager’s criteria for performance of a ‘critical role’ in the transition to alternative sources of energy. The Fund is actively managed and invests at least 90% of its assets in a concentrated range of equity and equity related securities of companies worldwide that the investment manager assesses as making a positive contribution to the global transition to alternative sources of energy.
Returns
Trailing Returns (GBP)07/04/2025
YTD-16.11
3 Years Annualised-16.86
5 Years Annualised-
10 Years Annualised-
12 Month Yield 1.73
Management
Manager Name
Start Date
Mark Lacey
08/12/2020
Felix Odey
01/01/2021
Click here to see others
Inception Date
08/12/2020

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI GLOBAL ALTERNATIVE ENERGY NR USDMorningstar Gbl Renew Enrg NR USD
Portfolio Profile for  Schroder Global Alternative Energy Fund Class S GBP Accumulation28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.350.0098.35
Bond0.000.000.00
Property0.000.000.00
Cash3.331.681.65
Other0.000.000.00
Top 5 Regions%
Eurozone45.10
United States27.99
Europe - ex Euro10.16
Asia - Emerging5.19
United Kingdom4.37
Top 5 Sectors%
Industrials41.30
Utilities22.40
Technology22.25
Basic Materials9.84
Consumer Cyclical4.21
Top 5 HoldingsSector%
Vestas Wind Systems ASIndustrialsIndustrials6.87
First Solar IncTechnologyTechnology4.02
NEXTracker Inc Ordinary Shares -... TechnologyTechnology4.01
Johnson Matthey PLCBasic MaterialsBasic Materials3.98
EDP Renovaveis SAUtilitiesUtilities3.75
Increase Decrease New since last portfolio
Schroder Global Alternative Energy Fund Class S GBP Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  Schroder Global Alternative Energy Fund Class S GBP Accumulation
Category:  Sector Equity Alternative Energy
Category Index:  Morningstar Gbl Renew Enrg NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 202120222023202431/03
Price Return-2.615.99-13.79-25.86-8.07
+/- Category-2.9512.01-1.20-14.79-0.56
+/- Category Index-14.077.65-15.11-26.81-4.17
% Rank in Category5310488756
Trailing Returns (GBP)07/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-3.68   -0.58-2.09
1 Week-8.75   -2.98-4.54
1 Month-13.64   -7.48-8.73
3 Months-18.76   -5.02-11.70
6 Months-29.59   -10.07-19.64
YTD-16.11   -4.63-9.54
1 Year-33.90   -13.44-27.23
3 Years Annualised-16.86   -0.91-15.12
5 Years Annualised-   --
10 Years Annualised-   --
 
Category: Sector Equity Alternative Energy
Category Index: Morningstar Gbl Renew Enrg NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-8.07---
2024-5.26-6.520.17-16.43
20232.38-5.93-14.494.69
2022-0.54-8.598.147.81
20211.25-0.86-1.50-1.49
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAverage3 star
5-Year--Not Rated
10-Year--Not Rated
OverallAverageAverage3 star
 
Category :  Sector Equity Alternative EnergyClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev22.34 %
3-Yr Mean Return-12.32 %
 
3-Yr Sharpe Ratio-0.76
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Renew Enrg NR USD  Morningstar Gbl Renew Enrg NR USD
3-Yr Beta1.491.49
3-Yr Alpha-10.85-10.85
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 4428-
Market Capitalisation% of Equity
Giant3.44
Large11.40
Medium46.73
Small31.10
Micro7.33
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings12.350.76
Price/Book1.300.67
Price/Sales0.600.38
Price/Cash Flow6.490.68
Dividend-Yield Factor2.331.35
 
Long-Term Projected Earnings Growth40.843.54
Historical Earnings Growth-4.08-0.62
Sales Growth-1.45-1.04
Cash-Flow Growth10.711.87
Book-Value Growth4.100.52
 
Category: Sector Equity Alternative Energy
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.350.0098.35
Bond0.000.000.00
Property0.000.000.00
Cash3.331.681.65
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States27.990.60
Canada3.702.06
Latin America0.000.00
United Kingdom4.370.80
Eurozone45.101.76
Europe - ex Euro10.161.57
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed3.501.34
Asia - Emerging5.190.80
 
Category: Sector Equity Alternative Energy
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials9.841.92
Consumer CyclicalConsumer Cyclical4.211.37
UtilitiesUtilities22.400.93
IndustrialsIndustrials41.301.30
TechnologyTechnology22.250.65
 
Category: Sector Equity Alternative Energy
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings46
Total Number of Bond Holdings0
Assets in Top 10 Holdings37.91
NameSectorCountry% of Assets
Vestas Wind Systems AS310Denmark6.87
First Solar Inc311United States4.02
NEXTracker Inc Ordinary Shares - Class A311United States4.01
Johnson Matthey PLC101United Kingdom3.98
EDP Renovaveis SA207Spain3.75
Enphase Energy Inc311United States3.62
Landis+Gyr Group AG310Switzerland3.13
Corporacion Acciona Energias Renovabl... 207Spain3.04
Nexans310France2.75
Signify NV310Netherlands2.74
 
Increase Decrease New since last portfolio
Category: Sector Equity Alternative Energy
 
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 Date08/12/2020
Fund Advisor(s)
Schroder Investment Management Limited
Fund ManagerMark Lacey
Manager Start Date08/12/2020
Education
Nottingham Trent University, B.A.
 
Biography
Mark Lacey is a Head of Commodities at Schroders, which involves being the fund manager for the Commodities strategy. Joined Schroders in 2013. In 2006 was ranked as No.1 energy investment specialist in the 2006 Thompson Extel Survey. He joined Schroders in 2013 and is based in London. Mark was a Portfolio Manager at Investec from 2000 to 2013, which involved managing the global energy funds. He was a Head of Global Energy at Goldman Sachs from 1996 to 2000, which involved managing energy funds.
Fund ManagerFelix Odey
Manager Start Date01/01/2021
 
Biography
Felix Odey is a is a Portfolio Manager at Schroders working on the Global Resource Equities Team. He is the Portfolio Manager on the Schroder Sustainable Food and Water, the Schroder Global Energy Fund and the Global Energy Transition Fund. Felix joined Schroders in 2016 as a graduate, following summer work placements with Egerton Capital. He initially started working in the Schroders’ ESG team, before joining the Global Energy Fund in 2017, and the Global Energy Transition upon its launch in 2019.
Fund ManagerAlex Monk
Manager Start Date01/01/2021
Career Start Year2016
Education
University of Oxford, B.A.
London School of Economics and Political Science, MSc
 
Biography
Alex Monk is a Portfolio Manager at Schroders working on the Global Resource Equities Team. Prior to this, he spent two years as a Global Renewables Analyst, accountable for analysing companies across the entire clean energy value chain, and two years as a Sustainable Investment Analyst covering utilities and telecommunications. His investment career commenced at Schroders in 2016. Alex has a BA (Hons) Degree in Geography from Oxford University, where he specifically focused on climate science. He also has an MSc Degree in Environmental Policy and Regulation from the London School of Economics and Political Science (LSE), where he focused on climate policy and environmental finance
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.58%
Ongoing Charge0.58%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsNo