Schroder US Mid Cap Fund Z Acc

US Equities

Rated Fund 2016-2018. Takes a cautious approach for long term rewards

This fund was highly commended in the Best North America Fund category in Money Observer's 2017 awards, having won in 2014 and been runner-up in 2013. It has been managed by Jenny Jones since it was launched in 2005, and now has more than £2 billion in assets. Jones is head of Schroders' US small and mid cap equities team, based in New York. She invests at least 70 per cent of the fund's assets in medium-sized US companies, located in the bottom 40 per cent of the North American market by size at the time of purchase. The portfolio is well-diversified with more than 100 holdings.Working with a team of analysts who generate ideas for the fund, she takes a relatively cautious approach, so her fund tends to perform best in modestly rising or falling markets, rather than when markets are rising strongly. However, this approach also helps to boost her longer-term returns.Her investment approach targets three types of situations: first, 'mispriced growth stocks' (stocks where the market discounts an excessively poor environment and this is reflected in valuations); second, 'steady eddies' (strong companies that pay sustainable dividends), and third, 'turnarounds' (firms that have cut costs, rebuilt balance sheets and are in a prime position to outperform). The balance between the different types of opportunities varies according to market conditions. Jones has a flexible investment style, which enables her to respond to changing circumstances rapidly.

Narrative and ratings content all as of 01 January 2018.

See all Money Observer rated funds
Name
Schroder US Mid Cap Fund Z Acc
Manager
Schroder Unit Trusts Limited
Type
Unit Trust
ISIN
GB00B7LDLV43
Sector
North America
Launched
10/02/2012
OCF
0.91 %
Risk Rating
3
3 Year Sharpe
1.34
3 Year Alpha
-0.09
Yield
0 %
Benchmark
Russell 2500 TR USD
The Fund's investment objective is to provide capital growth and income primarily through investment in equity securities of medium-sized US companies. Investment will be in directly held transferable securities. The Fund may also invest in collective investment schemes, warrants and money market instruments.
Holding %
Schroder ISF US Dollar Liqdty I USD Acc 4.44 %
KAR Auction Services Inc 1.83 %
S&P Mid 400 Emini Equity Index 15/Dec/2017 Faz7 1.78 %
Advance Auto Parts Inc 1.69 %
Aramark 1.68 %
Dentsply Sirona Inc 1.53 %
Catalent Inc 1.52 %
Lennox International Inc 1.49 %
Spectrum Brands Holdings Inc 1.44 %
Reinsurance Group of America Inc 1.42 %
Region %
United States 98.69 %
Sector %
Industrials 19.73 %
Financial Services 17.65 %
Consumer Cyclical 17.21 %
Technology 12.84 %
Healthcare 11.01 %
Real Estate 5.26 %
Name
Schroder Unit Trusts Limited
Address
EC2V 7QA, London, United Kingdom
UCITS
Yes
Legal Structure
Unit Trust

Managers

Jenny Jones
Joined 04/01/2005

Jones is an executive vice president of Schroders and has been an employee of Schroders since 2002. Previously, she was employed at Morgan Stanley Investment Management, where she was an executive director. Prior to that, she was a vice president and portfolio manager with Oppenheimer Capital. She also spent seven years with Mutual of America Life Insurance. In addition, Jones has worked as a financial consultant with Shearson Lehman and as an options strategist with Drexel Burnham Lambert.

Data provided by Morningstar.

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Morningstar. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.