← All funds
European Smaller Companies
Schroder European Smaller Companies Fund
Managed by Schroder Unit Trusts Limited
Latest factsheet
Jul 2026
Fund size
£101.7m
Yearly charge
0.94%
Manager fee
–
Income yield
2.10%
Holdings
101
Launched
22 Aug 1989
The fund aims to provide capital growth in excess of the MSCI Europe ex UK Small Cap (Net Return) Index (after fees have been deducted) over a three to five year period by investing in equity and equity related securities of small-sized European companies, excluding the UK.
Luke Biermann (Fund manager)
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1M | +0.60% | +0.80% | +1.60% | – |
| 3M | +3.60% | +3.20% | +1.50% | – |
| YTD | +4.50% | +5.10% | +5.90% | – |
| 1Y | +2.90% | +7.70% | +10.20% | – |
| 3Y | +20.10% | +32.40% | +36.70% | – |
| 5Y | -2.20% | +11.40% | +22.60% | – |
| 10Y | +89.20% | +107.40% | +133.90% | – |
Calendar-year performance
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| +18.60% | +31.20% | -17.00% | +13.10% | +23.30% | +18.10% | -23.80% | +7.20% |
Top holdings
| # | Holding | Weight | |
|---|---|---|---|
| 1 | Nordnet AB publ | 3.80% | |
| 2 | Bachem Holding AG | 3.30% | |
| 3 | CTS Eventim AG & Co KGaA | 3.00% | |
| 4 | DO & CO AG | 2.90% | |
| 5 | Schott Pharma AG & Co KGaA | 2.80% | |
| 6 | Ypsomed Holding AG | 2.70% | |
| 7 | Trigano SA | 2.70% | |
| 8 | Bufab AB | 2.60% | |
| 9 | Invisio AB | 2.50% | |
| 10 | Temenos AG | 2.40% |
Portfolio breakdown
Sector
| Industrials | 20.90% | |
| Consumer Discretionary | 15.80% | |
| Financials | 14.30% | |
| Real estate | 8.90% | |
| Health Care | 8.60% | |
| Technology | 7.60% | |
| Basic materials | 7.10% | |
| Energy | 5.60% | |
| Consumer Staples | 4.10% | |
| Utilities | 2.90% | |
| Telecommunications | 1.50% | |
| Liquid Assets | 0.20% | |
| Other | 0.00% |
Geography
| Switzerland | 16.30% | |
| Other | 16.10% | |
| Sweden | 15.50% | |
| Germany | 14.20% | |
| France | 14.10% | |
| Italy | 8.40% | |
| Denmark | 6.80% | |
| Norway | 6.50% | |
| Netherlands | 4.60% | |
| Spain | 4.10% | |
| Austria | 3.80% | |
| United Kingdom | 1.70% | |
| Liquid Assets | 0.20% |
Asset allocation
| Europe ex-UK/Middle East | 99.70% | |
| United Kingdom | 1.70% | |
| Pacific ex-Japan | 0.60% | |
| Liquid Assets | 0.20% | |
| Americas | 0.20% | |
| Emerging Markets | 0.00% | |
| Other | 0.00% |
Share classes
| Class | ISIN | SEDOL | Type | Hedged | Manager fee | Yearly charge | Minimum |
|---|---|---|---|---|---|---|---|
| A Accumulation GBP | GB0007648891 | 0764889 | acc | – | – | 1.69% | £1k |
| A Income GBP | GB0007647604 | 0764760 | inc | – | – | 1.69% | £1k |
| Z Accumulation GBP | GB00B76V5M20 | B76V5M2 | acc | – | – | 0.94% | £50k |
| Z Income GBP | GB00B76V5P50 | B76V5P5 | inc | – | – | – | – |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Jul 2026 | View original factsheet ↗ | 21 Aug 2026 |