Schroder International Multi-Cap Value Fund Wins Fourth Consecutive Lipper Award for Best Fund Performance
Unique Fund Consistently Demonstrates that Broad Diversification, with Emphasis on Value and Quality Stocks, Leads to Benchmark Outperformance
NEW YORK, N.Y. — Schroder Investment Management North America Inc is pleased to announce that the Schroder International Multi-Cap Value Fund (IMCV) is the winner of the 2014 Lipper Award for Best Fund in its category over the five-year period ranked No. 1 out of 79 funds as of November 30, 2013 based on total return performance – (Investor Shares). This marks the fourth consecutive year that IMCV has won the Lipper Award in the International Multi-Cap Value Funds category. Lipper honored IMCV last year for its three- and five-year performances (ranked 1/73 and 1/59, respectively as of November 30, 2012 based upon total return performance).
Stephen Kwa, Senior Client Portfolio Manager, QEP at Schroders, said:“Our Fund’s ongoing recognition by Lipper is a testament to our conviction that portfolios do not need to be highly concentrated in order to generate competitive returns and benchmark outperformance. We hold many hundreds of stocks in the Fund and we see this as an important driver of returns allowing us to access attractive themes in every corner of the world.”
IMCV is managed according to a unique bottom-up, index-unconstrained approach to international equity investing. The Fund identifies potential investments from a pool of more than 12,000 stocks issued by companies around the world, and held 1,212 equity investments in its portfolio as of December 31, 2013. This makes the Fund’s portfolio broadly diversified across market capitalizations, countries and industries, and separates it from its peers, many of which are highly concentrated. As of December 31, 2013, both the Fund’s Investor Shares (Ticker: SIDNX) and Advisor Shares (Ticker: SIDVX) have outperformed the MSCI EAFE Index and MSCI All Country World ex-U.S. Index since their inception in 2006. Despite the large number of holdings the Fund is still highly active with an Active Share measurement of approximately 72% when measured against these benchmarks.
Carter Sims, Head of U.S. Intermediary Distribution at Schroders, said “Advisors continue to express interest in funds that are not market-cap-weighted as the marketplace becomes more aware of the benefits of unconstrained value-investing approaches like ours. We have built a unique international portfolio, which is not only more diversified than traditional benchmark indices, but also one which stresses higher-quality, making the Fund an ideal core holding for clients.”
About Schroder Investment Management North America Inc.
Schroder Investment Management North America Inc. is a unit of Schroders plc (SDR.L) global asset management company with approximately $435.4 billion under management as of December 31, 2013. Schroder’s clients include major financial institutions including banks and insurance companies, as well as local and public authorities, public and private pension funds endowments and foundations, intermediaries and advisors, as well as high net worth individuals and retail investors. The firm has built one of the largest networks of offices of any dedicated asset management company with more than 400 portfolio managers and analysts covering the world's investment markets, offering a comprehensive range of products and services.
Schroder Investment Management North America Inc. is an investment advisor registered with the U.S. SEC. It provides asset management products and services to clients in the U.S. and Canada including Schroder Capital Funds (Delaware), Schroder Series Trust and Schroder Global Series Trust, investment companies registered with the SEC (the "Schroder Funds"). Shares of the Schroder Funds are distributed by Schroder Fund Advisors LLC, a member FINRA. Schroder Investment Management North America Inc. and Schroder Fund Advisors LLC are indirect, wholly-owned subsidiaries of Schroders plc, a UK public company with shares listed on the London Stock Exchange. For additional information about Schroders, go to http://www.schroders.com/us
Schroders has expressed its own views and opinions in this document and these may change.The views and forecasts contained herein are those of Schroder Investment Management North America Inc. and are subject to change. The information and opinions contained in this document have been obtained from sources we consider to be reliable. No responsibility can be accepted for errors of facts obtained from third parties. Reliance should not be placed on the views and information in the document when taking individual investment and/or strategic decisions. Past performance is no guarantee of future results. The value of investments can go down as well as up and is not guaranteed. This press release is intended to be for information purposes only and it is not intended as promotional material in any respect. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument mentioned in this press release.
All investments, domestic and foreign, involve risks including the risk of possible loss of principal. The market value of a fund’s portfolio may decline as a result of a number of factors including adverse economic and market conditions, prospects of stocks in the portfolio,changing interest rates, and real or perceived adverse competitive industry conditions. Investing overseas involves special risks including among others, risks related to political or economic instability, foreign currency (such as exchange, valuation, and fluctuation) risk, market entry or exit restrictions, illiquidity and taxation. Emerging markets pose greater risks than investments in developed markets. Please see the prospectus for a full description of the risks associated with the fund.
Lipper: Lipper Leaders rankings and methodology are available at www.lipperweb.com The Lipper Fund Award criteria are as follows: Funds registered for sale in the respective country as of the end of the calendar year of the respective evaluation year. At least 36 months of performance history as of the end of the calendar year of the respective evaluation year. Lipper Global classifications with at least ten distinct portfolios based on the primary share class definition, excluding residual classifications, institutional, private, closed-end, exchange traded, insurance and linked funds. Asset classes: equity, bond, and mixed-asset except for Absolute Return funds where money market and other fund asset types are considered as well. Lipper Ratings for Total Return reflect fund historic total return performance relative to peers. Lipper Ratings for Consistent Return reflect fund historical risk-adjusted returns relative to peers.Lipper Ratings for Preservation are relative, rather than absolute. Lipper Ratings for Expense reflect fund expense minimization relative to peers. Lipper Ratings for Tax Efficiency (U.S. Only) reflect fund historical ability to postpone taxable distributions. Lipper Ratings DO NOT take into account the effects of sales charges. Overall Ratings are based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable). Lipper, a wholly-owned subsidiary of Reuters, provides independent insight on global collective investments including mutual funds, retirement funds, hedge funds, fund fees and expenses to the asset management and media communities. Lipper ranks the performance of mutual funds within a classification of funds that have similar investment objectives. Rankings are historical with capital gains and dividends reinvested and do not include the effect of loads. If an expense waiver was in effect, it may have had a material effect on the total return or yield and, therefore, the raking for the period.
Schroder International Multi-Cap Value Performance as of December 31, 2013:
Performance shown represents past performance. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Principal value and investment returns will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. For the most recent month-end performance, visit www.schroderfunds.com or call (800) 730-2932. Shares held for two months or less are subject to a 2% redemption fee. Performance for periods less than one year is not annual zed and performance of periods greater than one year is annualized.
Schroder International Multi-Cap Value Fund (IMCV) won the Lipper Awards for Best Fund in the International Multi-Cap Value Funds category based upon total return performance for the periods: 5 years as of November 30, 2013 ranked number 1 out of 79; 3 years as of November 30, 2012 ranked number 1 out of 73; and 5 years as of November 30, 2012 ranked number 1 out of 59; 5 years as of December 31, 2011 ranked number 1 out of 70; and 3 years as of December 31, 2010 ranked number 1 out of 73.
Please consider a fund’s investment objectives, risks, charges and expenses carefully before investing. For a free prospectus, which contains this and other information on any Schroders fund, visit www.schroderfunds.com, call your financial advisor or Call: (800) 730-2932. Read the prospectus carefully before investing.
The views and opinions contained herein are those of Schroders’ investment teams and/or Economics Group, and do not necessarily represent Schroder Investment Management North America Inc.’s house views. These views are subject to change. This information is intended to be for information purposes only and it is not intended as promotional material in any respect.