Morningstar Fund Report  | 14/04/2025Print

Schroder International Selection Fund US Smaller Companies Impact C Accumulation USD

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Schroder International Selection Fund US Smaller Companies Impact C Accumulation USD
Fund23.5-9.710.915.0-12.3
+/-Cat4.63.00.41.20.8
+/-B’mrk6.3-0.2-1.22.1-2.0
 
Category: US Small-Cap Equity
Category Benchmark: Morningstar US Small Extend...
Key Stats
NAV
11/04/2025		 USD 246.61
Day Change -2.68%
Morningstar Category™ US Small-Cap Equity
ISIN LU0106262180
Fund Size (Mil)
11/04/2025		 USD 313.20
Share Class Size (Mil)
11/04/2025		 USD 20.55
Max Initial Charge 1.00%
Ongoing Charge
26/03/2025		  1.13%
Morningstar Research
Analyst Report28/02/2025
Morningstar Manager Research,
Morningstar, Inc

While Schroder ISF US Smaller Companies Impact’s new investment approach is promising, it is not yet clear whether the downside resilience, which was a feature we previously liked, will be as effective in this new guise. As a result, the...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent24
Process23
Performance
Price
Investment Objective: Schroder International Selection Fund US Smaller Companies Impact C Accumulation USD
The Fund aims to provide capital growth in excess of the Russell 2000 Lagged (Net TR) index after fees have been deducted over a three to five year period by investing in equity and equity related securities of small-sized US companies which help to advance the UN SDGs and which the Investment Manager deems to be sustainable investments.
Returns
Trailing Returns (GBP)11/04/2025
YTD-18.05
3 Years Annualised0.36
5 Years Annualised10.07
10 Years Annualised7.02
12 Month Yield 0.00
Management
Manager Name
Start Date
Robert Kaynor
08/01/2018
Joanna Wald
01/11/2022
Inception Date
17/01/2000

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Russell 2000 NR USDMorningstar US Small Extended NR USD
Portfolio Profile for  Schroder International Selection Fund US Smaller Companies Impact C Accumulation USD31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.130.0096.13
Bond0.000.000.00
Property0.000.000.00
Cash3.870.003.87
Other0.000.000.00
Top 5 Regions%
United States97.93
Latin America2.07
Canada0.00
United Kingdom0.00
Eurozone0.00
Top 5 Sectors%
Healthcare29.23
Technology28.32
Financial Services12.14
Industrials11.66
Basic Materials7.59
Top 5 HoldingsSector%
AptarGroup IncHealthcareHealthcare3.59
Kemper CorpFinancial ServicesFinancial Services3.19
Reinsurance Group of America IncFinancial ServicesFinancial Services3.18
ICU Medical IncHealthcareHealthcare3.11
Haemonetics CorpHealthcareHealthcare3.04
Increase Decrease New since last portfolio
Schroder International Selection Fund US Smaller Companies Impact C Accumulation USD
Growth Of 1000 (GBP) 31/03/2025
Fund:  Schroder International Selection Fund US Smaller Companies Impact C Accumulation USD
Category:  US Small-Cap Equity
Category Index:  Morningstar US Small Extended NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-6.2126.314.6323.50-9.7210.9414.96-12.26
+/- Category-1.535.07-18.894.643.040.441.210.80
+/- Category Index---6.33-0.22-1.212.12-2.04
% Rank in Category5817893445403258
Trailing Returns (GBP)11/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-2.68   -0.69-3.39
1 Week-1.62   -2.01-2.84
1 Month-7.53   0.550.66
3 Months-19.20   1.32-0.51
6 Months-10.87   3.713.24
YTD-18.05   1.23-0.13
1 Year-8.41   4.241.47
3 Years Annualised0.36   1.050.22
5 Years Annualised10.07   0.890.30
10 Years Annualised7.02   -0.470.54
 
Category: US Small-Cap Equity
Category Index: Morningstar US Small Extended NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-12.26---
20245.69-2.421.509.83
20232.462.57-2.518.28
2022-3.02-8.093.06-1.71
202112.042.562.594.77
2020-28.1520.941.1019.10
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageBelow Average4 star
5-YearAverageBelow Average3 star
10-YearAverageBelow Average3 star
OverallAverageBelow Average3 star
 
Category :  US Small-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev18.16 %
3-Yr Mean Return3.00 %
 
3-Yr Sharpe Ratio-0.06
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar US Small Extended NR USD  Morningstar US Small Extended NR USD
3-Yr Beta0.870.87
3-Yr Alpha-1.26-1.26
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 4546-
Market Capitalisation% of Equity
Giant0.00
Large0.00
Medium13.37
Small61.93
Micro24.70
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings18.241.05
Price/Book2.370.99
Price/Sales1.891.20
Price/Cash Flow7.690.69
Dividend-Yield Factor0.720.65
 
Long-Term Projected Earnings Growth8.390.87
Historical Earnings Growth2.620.43
Sales Growth6.461.29
Cash-Flow Growth2.420.42
Book-Value Growth6.370.91
 
Category: US Small-Cap Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock96.130.0096.13
Bond0.000.000.00
Property0.000.000.00
Cash3.870.003.87
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States97.931.02
Canada0.000.00
Latin America2.075.60
United Kingdom0.000.00
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.00-
Africa0.00-
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: US Small-Cap Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials7.592.07
Consumer CyclicalConsumer Cyclical6.420.53
Financial ServicesFinancial Services12.140.78
Consumer DefensiveConsumer Defensive2.170.57
HealthcareHealthcare29.232.11
UtilitiesUtilities2.461.14
IndustrialsIndustrials11.660.53
TechnologyTechnology28.321.81
 
Category: US Small-Cap Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings47
Total Number of Bond Holdings0
Assets in Top 10 Holdings30.33
NameSectorCountry% of Assets
AptarGroup Inc206United States3.59
Kemper Corp103United States3.19
Reinsurance Group of America Inc103United States3.18
ICU Medical Inc206United States3.11
Haemonetics Corp206United States3.04
Balchem Corp101United States2.94
Box Inc Class A311United States2.92
Cavco Industries Inc102United States2.89
Littelfuse Inc311United States2.78
WNS (Holdings) Ltd311United States2.71
 
Increase Decrease New since last portfolio
Category: US Small-Cap 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 Date17/01/2000
Fund Advisor(s)
Schroder Investment Management North America Inc.
Fund ManagerRobert Kaynor
Manager Start Date08/01/2018
Career Start Year1994
Education
1993, Southern Methodist University, B.S.
 
Biography
Robert Kaynor, CFA, Portfolio Manager and Head of US Small and Mid Cap Equities of Schroders, has been involved with research and portfolio management at Schroders since 2013. He has managed the MainStay VP Schroders Mid Cap Opportunities Portfolio since 2024. Mr. Kaynor covers a variety of industries in the consumer, producer durables, and materials sectors. Mr. Kaynor joined Schroders as a Senior Equity Analyst for the U.S. Small and MidCap team in 2013 in which he covered the consumer sector. Kaynor was the Chief Investment Officer at Ballast Capital Management from 2010 to 2012, and prior to this, Mr. Kaynor was a Managing Director/Portfolio Manager for Ramius Capital Group.
Fund ManagerJoanna Wald
Manager Start Date01/11/2022
 
Biography
Joanna Wald, Portfolio Manager and Head of Research, US Small and Mid Cap Equities of Schroders, has been involved with research and portfolio management at Schroders since 2013. She has managed the MainStay VP Schroders Mid Cap Opportunities Portfolio since 2024. Ms. Wald joined Schroders as an Equity Analyst in 2013. Prior to joining Schroders, Ms. Wald was an Equity Analyst at Ballast Capital Management from 2010 to 2013, and prior to this, Ms. Wald was an Equity Analyst for Ramius Capital Group.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge1.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.85%
Ongoing Charge1.13%
Purchase Details
Minimum Investments
Initial1000  USD
Additional1000  USD
Savings-
Tax Free Savings Schemes
ISAsYes