Schroder Wholesale Australian Equity Fund - Wholesale Class [100110]

PDS	https://informedinvestor.com.au/view/pds/100110-2023-12-15-02:59.pdf
FUND MANAGER	Schroders Investment Management Australia
ASX Code
APIR	SCH0101AU
ASSET CLASS	AUSTRALIAN EQUITIES
INVESTMENT STYLE	The Fund invests in a broad range of companies from Australia and New Zealand.
INVESTMENT PROFILE	The Fund aims to outperform the Benchmark by 2-3% after fees over the medium to long term.
CURRENCY MANAGEMENT	Unhedged
INCEPTION DATE	01-07-2002
BENCHMARK	S&P/ASX 200 Accumulation Index
FUND SIZE	S&P/ASX 200 Accumulation Index
DISTRIBUTION FREQUENCY	Half-yearly
NO. OF HOLDINGS	40-70
FEES	0.80% p.a.
STRUCTURE

Benefits

Benefits of investing in the Schroder Wholesale Australian Equity Fund

The benefits of investing in the Fund include:

Focus on companies with sustainable competitive advantage that typically reward with superior returns in the long term

Disciplined and structured investment approach which seeks to maximise comparability across businesses and maintain high levels of objectivity in valuations

Intuitive and common-sense approach to risk management which seeks to focus on the fundamental risk inherent in a business and the way it is financed rather than focusing unduly on the range of emotional and non-fundamental factors which drive day to day share prices

Integrated research approach where analyst research is organised along sectoral lines such that analysts maximise knowledge of how an industry operates and how businesses make money rather than focusing on business size

Investment approach that incorporates the use of data science, company and competitor meetings and rigorous team debate in an effort to ensure assumptions incorporated in financial models and the assessment of business and industry fundamentals are as accurate as possible

Experienced and dedicated investment team.

Investor Suitability and Risk

For investors who seek higher returns over the medium to long term and are prepared to accept high volatility in returns including negative returns over the short term.

RISK LEVEL

INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

With an established pedigree of investing in Australian equities for over 50 years, the Schroder Wholesale Australian Equity Fund is an actively managed core Australian equity portfolio with a focus on investing in quality stocks predominantly in Australia characterised by strong returns on capital with a sustainable competitive advantage. The Fund draws on Schroders' deep research capabilities, with a long term focus on investing, it is suitable as a core portfolio holding over the medium to long term.

Schroders is a bottom-up, fundamental, active manager of Australian equities, with an emphasis on stocks that are able to grow shareholder value in the long term. We would describe our style as Quality Growth. Unlike most competitors, our definition of growth (Quality Growth') focuses on the long-term quality of the business and the average returns achieved through a full business cycle, not the near term earnings momentum. This long term focus normally results in a relatively low momentum bias in either direction as the process is largely ambivalent to short term earnings direction.

Mandate

How we invest your money

The Fund may invest in Australian and New Zealand securities including but not limited to equities, cash and cash equivalents, exchange traded funds, futures, options and listed equity market derivatives.

The following investment ranges apply:

Australian and New Zealand securities: 95-100%

Cash and cash equivalents: 0-5%