Schroder's fund gets Lonsec nod
Monday, 8 September 2008 12:40pm
The Schroder Australian Smaller Companies Fund has received a "Recommended" rating from Lonsec.
Lonsec attributed the rating to the Schroder fund in a fund review released this week.
The Schroder Australian Smaller Companies Fund (the Fund) is a new product from Schroder Investment Management Australia Limited and was launched in December 2007.
"The Fund invests in a broad range of small companies specifically seeking out undervalued companies with the potential to deliver sustainable returns on capital, relative to their cost of capital and other companies," said Schroder in a statement.
Lonsec tags Schroder's investment process as a key factor to its "Recommended" rating.
"Schroders' investment process is disciplined and more structured and comprehensive than typically seen in the small caps universe," said the ratings house.
Ruth Liew
This story was found at: http://www.financialstandard.com.au/news/view/23961
Printed: Tuesday, 6 January 2009 6:56pm