Schroder Global Core Fund - Active ETF (ASX: CORE)
An actively managed, quantitative global equity fund that combines targeted outperformance with the advantage of relative performance upside potential and the benefits of an exchange traded fund.
20 calendar years of outperformance
This enhanced index fund has achieved top decile rankings within its peer group over 3, 5,10,15, 20 and 25 years, and outperformed its benchmark in 20 calendar years.^
The best of both worlds
Active stock selection supported by a sophisticated quantitative equity framework.
Competitively priced
With a 0.25% p.a. management fee and no performance fee.
Introducing the Schroder Global Core Fund - Active ETF ASX: CORE
An actively managed, quantitative global equity fund listed under the ticker CORE on the Australian Stock Exchange. CORE focuses on value and quality investing to deliver long-term outperformance. The Fund strives to capture the global equity market return while minimising index relative volatility for more consistent returns. CORE's listing on the ASX means that investors benefit from liquidity and convenience, which may not be available when investing in other actively managed global equities funds.
Targeting consistent returns through the cycle
Managed to relatively tight sector and regional level constraints, the QEP team looks to ensure effective diversification, manage risk and avoid extreme outcomes. As such, alongside providing a core global equity exposure, a cost-effective enhanced index strategy like this can play multiple roles in a client portfolio. It can provide both complementary or alternative exposure to passive or index tracking funds for clients seeking to increase market relative risk without undue impact to fees. Similarly, the diversification provided complements more concentrated offerings to help smooth the path of returns through the market cycle.
How we do it
A focus on stock valuations and business quality
All stock selection is focused on two key fundamental drivers of long-run equity returns: stock valuations (determined across measures of dividends, cashflow, earnings and assets) and business quality (as defined by measures of profitability, stability, financial strength, structural growth and governance). The strategic diversification between Value and Quality offers investors the potential for outperformance across a broad range of environments.
Portfolio construction on an industrial scale.
Quantitative tools are then used to ‘scale up’ our process, which allows access to the best opportunities across a broad global universe of around 15,000 companies. These tools enable us to maximise the opportunity set and re-balance portfolios in a disciplined way as opportunities evolve. Our final portfolios are diverse and comprised of over 400 companies which aims to reduce risk by spreading exposure across sectors and regions.
Experienced fund managers in the driving seat
Finally, experienced investors are responsible for implementing every trade decision, providing an important sense check that the process is working as it should and that portfolios’ risk profiles remain appropriate. They also feedback insights on portfolio behaviour or potential upcoming risks and return opportunities to the team to help guide future research.
A successful 25-year track record
The Schroder Global Core Fund is managed by the QEP (Quantitative Equity Product) Investment Team, which has been managing global equities on behalf of Schroders’ clients since 2000. All strategies share a common heritage, evolving from the team’s longest-running flagship strategy, Schroder Global Core. Learn more about how the team achieves a balance between passive and active approaches to apply the principles of fundamental investing on an industrial scale.
Join Lukas Kamblevicius and David Philpotts as they discuss the fund, its investment process, and why Schroders for an enhanced index approach to global equities.
Fund awards and ratings
Product toolkit
Browse important documents and resources here. For other important documents, view our policies and notices page.
Meet the manager
Investors in the Schroder Global Core Fund - Active ETF stand to benefit from the expertise and experience of the portfolio management teams across global equity investing as well as from other teams within Schroders.
The role of CORE in your portfolio
This product is likely to be appropriate for a consumer seeking capital growth. This product focuses on a single asset class and therefore should only be considered for up to 50% of a portfolio allocation where the consumer has a high or very high risk and return profile.
This product may experience high levels of volatility and therefore it is unlikely to be suitable for a consumer seeking capital preservation or income or for those consumers that have a low risk and return profile and/or a short investment timeframe.
End of Day pricing
| Date | End of Day Pricing |
Distribution history
Distribution history will be available at the end of the first full calendar month of trading.
Ex-date | Record date | DRP Election date | Pay date/Reinvestment date | CPU | Reinvestment price |
1 July 2025 | 2 July 2025 | 3 July 2025 | 14 July 2025 | 6.17 | 10.1977 |
Schroders knows Global Equities
Investing with Schroders means investing in a trusted global brand with over 220 years of heritage and outstanding asset management capabilities in a broad range of asset classes. With over 6066 employees across 38 locations, our global equities teams benefit from this significant global/local focus, including the Australian business which was established in Sydney over 60 years ago.
Today, we manage A$175.4 billion* in AUM within our global equities portfolios. We have over 100 global equity analysts located in 16 offices throughout the world. This specialist on the ground insight and analysis ensures we find the best global equity opportunities for our clients.
*As at 30 June, 2025
Learn more about investing in global shares with Schroders.
Why now for global equity investments?
Lukas Kamblevicius, Co-Head of the QEP Investment Team, discusses the significance of adopting an active investment approach in global equities in today's market environment
Ways to invest
The Schroder Global Core Fund – Active ETF is listed on the ASX and can be traded using the exchange code: CORE.
Before investing in the Schroder Global Core Fund - Active ETF, please read the product disclosure statement (PDS), additional information booklet, financial services guide (FSG) and target market determination (TMD) for the fund. You can invest in the fund via the ASX or an online broker. If you need help, you can contact our team.
Find out more about the Schroder Global Core Fund – Active ETF
Disclaimers
^Based on Global Core composite as at April 2025, gross of fees & based on estimates, in AUD. Index: MSCI World Index (NDR). Strategy inception was January 2000. Outperformance record indicative of strategy and is not portfolio specific.
Investment in this Fund may be made on an application form accompanying the current Product Disclosure Statement (PDS) for the Fund which is available from Schroder Investment Management Australia Limited (Schroders) (ABN 22 000 443 274, AFS Licence 226473). The information contained in this material is general information only and does not take into account your objectives, financial situation or needs. Before acting on the information contained in this material you should obtain a copy of the PDS and consider the appropriateness of the information in regard to your objective, financial situation and needs before making any decision about whether to invest, or continue to hold.
The repayment of capital and performance in the Fund is not guaranteed by Schroders or any other party. Opinions constitute our judgement at the time of issue and are subject to change. Past performance is not an indicator of future performance. Investment guidelines represented are internal only and are subject to change without notice. Schroders may record and monitor telephone calls for security, training and compliance purposes.
^^As at July 2025. Effective yield is based on the unit price at the start of the period. Income is the cash distributions paid by the fund which may include return of capital. Past performance is not a reliable indicator of future performance.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned ASX: CORE, November 2025) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
The Genium rating (assigned July 2025) presented in this document is issued by Genium Investment Partners Pty Ltd ABN 13 165 099 785, which is a Corporate Authorised Representative of Genium Advisory Services Pty Ltd ABN 94 304 403 582, AFSL 246580. The Rating is limited to “General Advice” (s766B Corporations Act 2001 (Cth)) and has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without notice. Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision in relation to this financial product(s). Genium receives a fee from the Fund Manager for researching and rating the product(s). Visit Geniumip.com.au for information regarding Genium’s Ratings methodology.
*The adjusted indicative NAV (iNAV) provides an intra-day estimated value of the Fund’s investments. Schroders has engaged an agent to calculate and disseminate an iNAV throughout the Business Day. The iNAV will be recalculated throughout the day to take into account movements in the price of underlying assets either through live market prices or, where there is no live market price, a price is estimated based on a proxy instrument. The use of proxy instruments is subject to the Schroders Group Instrument Pricing Policy and governance framework. Where there is no appropriate proxy instrument available, the last price at which an asset was quoted or traded will be used. The iNAV is indicative only, and may incorporate securities for which there are no live market prices at the time of calculation and so it may not reflect the actual value of the underlying assets of the Fund.
While Schroders will use best efforts to ensure that the iNAV will be published continuously and will be up-to-date and accurate, Schroders cannot guarantee this will always be the case. The iNAV should not be taken to be or relied upon to determine the price at which the units may trade on the ASX at any point in time. To the extent permitted by law, neither Schroders nor its appointed agents shall be liable to any person who relies on the iNAV. Investors will be notified via the ASX Fund Announcements Platform if there is any material change to the methodology for calculating the iNAV. The price at which units trade on the ASX may not reflect either the NAV per unit or the iNAV. The adoption of a robust pricing methodology for the iNAV is intended to minimise this differential, as is the role of market maker but will not be able to eliminate it entirely.
The market price and the iNAV price may also deviate because the market price of the units in the Fund is a function of supply and demand amongst investors wishing to buy and sell such units and the bid-offer spread that the market maker is willing to quote for those units.