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Schroder European Absolute Target Objective Changes

The funds
Fund range: Old Mutual Wealth's platform 
Schroder European Absolute Target
Schroder European Absolute Target -U

The objectives

Old Objective: To achieve positive returns (greater than zero) over a rolling three year period in all market conditions by investing directly or indirectly through derivatives in the shares of large and medium sized companies that have their registered office in Europe, or derive a significant proportion of their revenue from, or are predominantly operating from within this geographic region.  
New Objective: To achieve an absolute return by investing in equity and equity related securities of European companies. Absolute return means the Fund seeks to provide a positive return over rolling 12-month periods in all market conditions, but this cannot be guaranteed and your capital is at risk. It invests at least 80% of its assets directly, or indirectly through derivatives, in equity and equity related securities of medium and large sized European companies that are headquartered in Europe, or who have material or critical operations within, or derive a significant proportion of their revenue or profits from, Europe.

 

Please note: These funds will also be changing name. View the name changes. 

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