ALPH
Actively managedInternational SharesSchroder Global Equity Alpha Fund - Active ETF
About this ETF
The Fund is actively managed and invests in listed equities of companies worldwide. 'Alpha' funds invest in companies in which the investment manager has a high conviction that the current share price does not reflect the future prospects for that business. The investment manager seeks to identify companies which we believe will deliver future earnings growth above the level expected by the market typically on a three to five year horizon (we term this 'a positive growth gap').
Scout Score
An independent score calculated by ETF Scout across 6 real-data factors (cost, diversification, liquidity, fund strength, performance, income), ranked against other actively-managed funds in the same category. Tracking isn't scored, since active funds don't target an index.
Strengths
- Attractive yield — 0.76%, higher than 75% of active International Shares peers.
Weaknesses
- Small fund — $11M in assets, smaller than 84% of active International Shares funds, which can mean wider spreads.
- Lower liquidity — 0.52% bid/ask spread, wider than 77% of active International Shares peers.