NEW YORK, March 13, 2012 /PRNewswire/ -- Schroder Investment Management North America Inc. (SIMNA) is pleased to announce that the Schroder International Multi-Cap Value Fund (IMCV) is the winner of the 2012 Lipper Award for Best Fund in its category over a five-year period. IMCV has outperformed its benchmark, the MSCI EAFE Index, by +4.21% per annum since launch in 2006 (Investor Shares as of February 29, 2012).
This marks the second 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-year performance.
Both the Investor Shares (Ticker Symbol: SIDNX) and Advisor Shares (Ticker Symbol: SIDVX) of IMCV have earned Lipper's highest ratings for Total Return and Consistent Return, relative to the fund's peers, for three and five years, as of February 29, 2012. Both are ranked as "Lipper Leaders" for the three- and five-year periods.
IMCV takes a unique approach to international equity investing. The fund is managed using a bottom-up, benchmark-unconstrained approach, with the fund's portfolio invested more than 70% away from the MSCI EAFE Index. IMCV's holdings are highly diversified across countries, industry sectors and market capitalization, with approximately 800 stocks as at the end of February 2012. This broad diversification is a major point of differentiation from IMCV's peers, which are highly concentrated, and helps lower risk by minimizing the negative effects on fund performance of any single holding.
"Investors and their financial advisors increasingly understand the advantages of investing in a fund that is broadly diversified," said Carter Sims, Head of Intermediary Distribution at Schroders. "The result is that we're seeing increased demand from advisors who are seeking all-cap type mutual funds as well as from investment platforms that want to make these funds available to meet that demand."
"We try to avoid the constraints other cap-weighted managers impose upon themselves in the way they run their portfolios," said Stephen Kwa, Senior Client Portfolio Manager at Schroders. "In the long run, constraints cost performance. We employ a proven and consistent stock-selection process that incorporates a holistic approach to risk management. That process has evolved over time and has enabled us to navigate through many of the key issues in the equity markets over the last four to five years."
For additional information, please contact Chris Moon of JCPR at 973-850-7304 or [email protected], or Susan Schuppe, Schroders (New York), at 212-641-3910 or [email protected].
About Schroder Investment Management North America Inc.
Schroder Investment Management North America Inc. is a unit of Schroders plc (SDR.L), a global asset management company with approximately $283.9 billion under management as of September 30, 2011.
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 340 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. Securities Exchange Commission and as a Portfolio Manager in various provinces in Canada. 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 Inc., a member FINRA. Schroder Investment Management North America Inc. and Schroder Fund Advisors Inc. are indirect, wholly-owned subsidiaries of Schroders plc, a UK public company with shares listed on the London Stock Exchange.
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.
Risks: 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 affect, it may have had a material effect on the total return or yield and, therefore, the raking for the period.
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.