NEW YORK, Jan. 9, 2012 /PRNewswire/ -- Schroder Investment Management North America Inc. (SIMNA), today announced the launch of the Schroder Absolute Return EMD and Currency Fund (Investor Share Symbol: SARNX; Advisor Share Symbol: SARNX). SIMNA is part of the Schroders' group, which manages $283.9 billion in assets worldwide*.
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The Schroder Absolute Return EMD and Currency Fund utilizes an absolute return strategy and aims to generate positive returns over each rolling 12-month period, regardless of market conditions. This strategy has previously been available only to institutional and offshore investors. The Fund is managed by Schroders' London-based EMD team, which is led by Geoff Blanning, Head of Emerging Market Debt and Commodities. The team manages over $8.2 billion in EMD assets globally*.
"The bulk of the EMD universe has focused on relative return strategies, which have experienced significant falls and high volatility during financial crises. This Fund gives advisors a unique way to access emerging market debt with a strategy that has been managed over a 13-year period, even during extremely volatile markets," said Carter Sims, Head of U.S. Intermediary Distribution for Schroders. "Our team's ability to go defensive through periods of volatility – without leveraging or shorting – presents a compelling solution for investors who are seeking investment products that are less influenced by the swings of the market."
The Fund's primary objective is to deliver absolute returns from capital growth and income, while limiting risk and volatility through employing an active management style. The portfolio emphasizes a variety of fundamental processes and leans on quantitative and technical analysis as well as country- and sector-specific risk controls to limit volatility. The investable universe is over 58 countries worldwide and includes US dollar bonds, local currency bonds and local currencies.
"At Schroders we constantly seek new and compelling ways to deliver investing excellence. This Fund is an extension of that focus, providing access to a strategy that can deliver on its goal of absolute return by accessing a broad investment universe," Mr. Sims said. "We believe emerging market debt is an underdeveloped and inefficient asset class that rewards the expert, active-management strategy we've put in place."
For additional information, please contact Chris Moon of JCPR at 973-784-0025 or [email protected], or Jennifer Manser, Schroders (New York), at 212-632-2947 or [email protected].
*As of September 30, 2011
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 or call (800) 730-2932. Read the prospectus carefully before investing.
Risks
It is possible to lose money on an investment in the Fund. The Fund will be affected by the investment decisions, techniques, and risk analyses of the Fund's investment team, and there is no guarantee that the Fund will achieve its investment objective. The values of investments held by the Fund may fluctuate in response to actual or perceived issuer, political, market, and economic factors influencing the financial markets generally, or relevant industries or sectors within them. Fluctuations may be more pronounced if the Fund invests substantially in one country or group of countries or in companies with smaller market capitalizations. Other principal risks of investing in the Fund include: Portfolio Turnover, Emerging Market Securities, Foreign Investment, Currency, Interest Rate, Credit/High-Yield, Non-Diversification, Valuation Risk, Inflation/Deflation Risk, Derivatives, Liquidity Risk and Convertible Securities. Please see the prospectus for a more detailed description of the principal risks associated with the Fund.
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. SEC. 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 LLC, a member FINRA. Schroder Investment Management North America Inc. and Schroder Fund Advisors LLC are indirect, wholly-owned subsidiaries of Schroders plc, a UK public company with shares listed on the London Stock Exchange.
For additional information about Schroders, go to www.schroders.com/us.
Disclaimer
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.
Contact: Chris Moon
JCPR
973-850-7304
[email protected]
SOURCE Schroder Investment Management North America Inc.
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