US Large Cap
An actively managed strategy seeking to provide enduring, added value in the world's largest and most liquid equity market.Differentiated approach to US large cap equities
Our US Large Cap strategy offers investors access to a diversified portfolio of high conviction US large cap investment ideas. Managed by Schroders’ Global Equities team, the strategy seeks to exploit persistent market inefficiencies, investing in underappreciated companies that will ‘surprise’ the market by delivering forward earnings growth ahead of expectations; stocks we believe have a positive “growth gap”. This approach harnesses proven drivers of outperformance, underpinning a strategy designed to deliver performance consistency and attractive risk adjusted returns.
How do we add value in the world's largest & most liquid equity market?
Capitalise on long-term mispriced growth (core positions)
Most of the portfolio invests in companies where we believe consensus underestimates the long-term forward earnings potential. Markets are increasingly myopic and often fail to look far enough ahead when appraising the earnings power of great companies.
Exploit nearer-term inflection points (opportunistic positions)
A smaller allocation of the portfolio is invested in nearer-term, tactical opportunities to exploit instances where the market overreacts to news flow or fails to correctly model catalysts that will change a company’s growth trajectory.
Actively manage downside risk
We strengthen decision-making through an innovative and dynamic risk framework, designed to enhance downside protection and deliver attractive risk-adjusted returns.
Fund objectives and investment policy
You can find more information on the fund including literature and performance data on our fund centre.
“I look for companies where I have high conviction in their ability to generate positive earnings surprises.”
Portfolio Manager, Global Equities