We have placed the Morningstar Analyst Rating™ for the Schroder UK Growth (SDU) fund Under Review following the announcement that manager Julie Dean has left the firm. The fund previously held a Silver rating. Matt Hudson, a core member of the Schroder Business Cycle Investment team, has assumed responsibility for the team. However, the board has announced that while the team will take over for the time being, they will make another announcement in due course on the fund’s management, after consulting with shareholders. We await clarity on this and until such time the rating is under review.
Find out more about how Morningstar analysts rate funds and investment trusts here.
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