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Schroder Small Cap Discovery Class Z - Accumulation (GBP)

Sell:79.54p Buy:79.54p Change: 0.57p (0.71%)
Prices as at 18 December 2018
Change: 0.57p (0.71%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 18 December 2018
Change: 0.57p (0.71%)
Prices as at 18 December 2018
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Also available as income units Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.97%
Ongoing saving from HL: 0.26% i
Net ongoing charge: 0.71%
There are other unit types of this fund available:
Class Z - Income (GBP) (Net ongoing charge 0.71%)
Inclusive - Class A - Income (GBP) (Net ongoing charge 0.97%)
Inclusive - Class A - Accumulation (GBP) (Net ongoing charge 0.97%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.

Other Information

Unit type: Unbundled
Fund launch date: 15 March 2012
Sector: Global
Fund size: £207 million
Number of holdings: 93
Fund type: Unit Trust
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: J.P. Morgan Trustee and Depositary Company Limited
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00


18/12/13 to 18/12/14 18/12/14 to 18/12/15 18/12/15 to 18/12/16 18/12/16 to 18/12/17 18/12/17 to 18/12/18
Annual return 14.31% 0.43% 20.98% 14.56% -11.92%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

HL Research

This adventurous fund aims to capitalise on the increasing number of higher-risk smaller company opportunities exposed to faster-growing regions of the world. In our view it represents a unique proposition, as it offers something different to the majority of Asian and emerging markets funds which tend to have a greater...

Our latest article

Matthew Dobbs hunts for companies in Asian and emerging markets that are often overlooked by other investors. In our latest update we look at recent performance and the fund's long-term potential.

Fund Objective

The fund aims to provide capital growth. The fund will be invested in shares of smaller-sized Asian (ex Japan) and selected emerging market companies. The fund may also invest in companies from outside the Asian and emerging markets, if those companies derive a significant portion of their business or growth from these regions. Smaller-sized companies are considered companies which, at the time of purchase, form the bottom 30% by market capitalization of each individual market. The fund has no bias to any industry. We believe smaller companies can provide higher growth prospects than larger companies over the longer term, due to the fact they are typically in the early stages of their development. Smaller companies are less researched than larger ones. We believe that our focus on finding companies that offer sustainable growth patterns and are trading on compelling valuations should reward the fund's investors. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently.

Income Details

Historic yield : 0.93%
Income paid: Annually
Type of payment: Dividend
Ex-dividend date: 16 April 2019
Payment date: 15 June 20194

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 31 October 2018.

Security Weight
Dah Sing Banking Group 2.35%
ASM Pacific Technology 2.26%
TCS Group Holding 2.04%
Vietnam Enterprise Investments 2.04%
City Union Bank 1.96%
Ferreycorp S.A. A 1.89%
Supalai PCL Fgn 1.85%
Chroma Ate 1.81%
Netmarble 1.80%
Dino Polska SA 1.80%
Sector Weight
Travel & Leisure 11.39%
Banks 7.24%
Industrial Engineering 6.76%
General Retailers 6.27%
Personal Goods 6.14%
Electronic & Electrical Equipment 5.55%
Technology Hardware & Equipment 5.13%
Cash and Equiv. 4.47%
Real Estate Investment & Services 4.46%
Chemicals 4.46%
Country Weight
Hong Kong 15.37%
South Korea 13.24%
India 11.93%
Taiwan 11.92%
China 5.42%
United States 4.94%
Cash and Equiv. 4.47%
Philippines 3.89%
Mexico 3.32%
Peru 2.91%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 18 December 2018. Data provided by Funds Library, correct as at 30 November 2018.

You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.