Schroder European Recovery Fund Z Accumulation GBP

A Select 50 Fund - Fidelity insight

Category Europe ex-UK Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£11.55

arrow-up£0.01 (+0.09%)

Fund Code

CXEUA

0722188

GB0007221889

Prices updated as at 14 Nov 2024

Prices in GBP

Investment objective

The Fund aims to provide capital growth in excess of the FTSE World Series Europe ex UK (Gross Total Return) Index (after fees have been deducted) over a three to five year period by investing in equity and equity related securities of European companies, excluding the UK. The Fund is actively managed and invests at least 80% of its assets in equity and equity related securities of European companies, excluding the UK. The Fund applies a disciplined value investment approach, seeking to invest in a select portfolio of companies that the Investment Manager believes are significantly undervalued relative to their long-term earnings potential.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Our view

Why we like the fund: This is a concentrated fund investing in listed companies across Europe (excluding the UK). The managers are 'value' investors, adopting a contrarian approach and often buying companies with depressed share prices; they have been investing on this basis since before the 2008 Global Financial Crisis. They are dedicated value investors, and Schroders has supported them during tough periods. Ultimately, this patience has rewarded investors. How to use the fund: This fund is a good choice for an investor with a long time-horizon. It tends to come into its own over periods of five years or more. Over the short term, like most equity funds, it sometimes loses value, but tends to recover well. Because the fund takes a 'value' approach to investing, it would likely blend well with the Barings Europe Select Trust.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.