Schroder US Smaller Companies Retail A Accumulation Units

Sell : 642.20p | Buy : 682.20p | down 47.70p
Last valuation as at 21-11-2008

Also available as income units

At a glance

Initial charge 5.25%
Initial saving 5.25%
Annual charge 1.50%
Annual saving 0.250% ²
Total Expense Ratio 1.70%
Launch date 20-02-1990
Launch price £0.50
Sector North Am Smaller Cos
Fund size £412 million
Number of holdings 125
Fund type Unit Trust
Type of units Accumulation

HL Research - Our view on this Fund

Mark Dampier There is general concern that the credit crisis, which has most noticeably affected larger companies, will cause problems in the smaller financial companies according to Jenny Jones. However, given the rising debt burdens and a less secure employment environment, the fund has stayed away from the consumer sectors. Outperformance has been driven by good stock picking in the technology and healthcare sectors.

Full research

About the Fund Manager

Photo of Jenny B Jones

Jenny B Jones
Located in: New York


Jenny B Jones was the Head of the team that managed the Morgan Stanley Special Value Fund since 1996 delivering top quartile performance over three and five years. Prior to joining Morgan Stanley in 1996, Jenny worked at a number of leading financial companies, including; Oppenheimer Capital, Mutual of America Life Insurance Company, American Express and Drexel Burnham Lambert. She is a graduate of Yale, has an MBA in finance from New York University and over 20 years experience in fund management.

 

Income details

Running yield N/a
Income paid Annually
Type of payment Dividend

All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Distribution dates

Ex-dividend date 30 April 2008
Payment date ³ 30 June 2008

Top 10 holdings

Reinsurance Group of America Class A 2.37%
K-V Pharmaceutical Co. Cl A 2.23%
PSS World Medical 1.88%
Scientific Games Corp. 1.73%
Geo Group 1.72%
Cooper Cos. 1.69%
Cabot Corp. 1.56%
St. Mary Land & Exploration Co. 1.46%
FEI Co. 1.36%
ValueClick 1.29%

Top 10 sectors

Cash and Equiv. 15.13%
Health Care Equipment & Services 11.56%
Support Services 7.92%
Technology Hardware & Equipment 7.89%
Software & Computer Services 5.66%
Travel & Leisure 4.35%
Electronic & Electrical Equipment 3.98%
Pharmaceuticals & Biotechnology 3.76%
Nonlife Insurance 3.73%
Real Estate Investment Trusts 3.67%

Top 10 countries

United States 82.22%
Cash and Equiv. 15.13%
Canada 2.35%
Non-Classified 0.30%

² Annual saving is not available in the SIPP.

³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.

Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.

Data provided by
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