Schroder European Recovery Fund

Select share classes

Schroder European Recovery Fund Z Accumulation GBP

A Select 50 Fund - Fidelity insight
Category Europe ex-UK Equity
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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

£16.36

arrow-up£0.08 (+0.49%)

Fund Code

CXEUA

0722188

GB0007221889

Prices updated as at 13 Oct 2026
|
Prices in GBP
Investment objective
The Fund aims to provide capital growth in excess of the FTSE World Series Europe ex UK (Gross Total Return) Index (after fees have been deducted) over a three to five year period by investing in equity and equity related securities of European companies, excluding the UK. The Fund is actively managed and invests at least 80% of its assets in equity and equity related securities of European companies, excluding the UK. The Fund applies a disciplined value investment approach, seeking to invest in a select portfolio of companies that the Investment Manager believes are significantly undervalued relative to their long-term earnings potential.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide or Product Summary document
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 30/09/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Medium value

33.99%

% Weight
Value
Core
Growth
Large

21

5

0

Medium

34

8

0

Small

23

8

1

Valuation

Schroder European Recovery Fund Z Accumulation GBP
Europe ex-UK Equity

9.39

9.39
15.35

0.51

0.51
1.77

0.92

0.92
2.41

5.06

5.06
10.45

Growth rate

Schroder European Recovery Fund Z Accumulation GBP
Europe ex-UK Equity

7.90%

7.90%
10.65%

4.08%

4.08%
2.92%

-8.55%

-8.55%
4.57%

Top 10 holdings

1
SEB SA
Sector
Furnishings, Fixtures & Appliances
Country
France
% of assets
2.88768
2
Adecco Group AG
Sector
Staffing & Employment Services
Country
Switzerland
% of assets
2.85301
3
Henkel AG & Co KGaA
Sector
Household & Personal Products
Country
Germany
% of assets
2.74384
4
Randstad NV
Sector
Staffing & Employment Services
Country
Netherlands
% of assets
2.66363
5
Jungheinrich AG Participating Preferred
Sector
Specialty Industrial Machinery
Country
Germany
% of assets
2.48369
6
Basf SE
Sector
Chemicals
Country
Germany
% of assets
2.44341
7
Wolters Kluwer NV
Sector
Specialty Business Services
Country
Netherlands
% of assets
2.42279
8
Pernod Ricard SA
Sector
Beverages—Wineries & Distilleries
Country
France
% of assets
2.41936
9
H. Lundbeck AS Ordinary Shares - Class B
Sector
Drug Manufacturers—Specialty & Generic
Country
Denmark
% of assets
2.37918
10
The Swatch Group AG Bearer Shares
Sector
Luxury Goods
Country
Switzerland
% of assets
2.3731
Assets in top 10 holdings %

25.67%

Total no. of equity holdings

54.00

Total no. of bond holdings

-

Stock sectors

Schroder European Recovery Fund Z Accumulation GBP
Europe ex-UK Equity

47.07%

Basic materials

6.96%
-

Con cyclical

26.86%
-

Financial svs

6.51%
-

Real estate

6.73%
-

27.85%

Comm services

1.93%
-

Energy

3.37%
-

Industrials

22.55%
-

Technology

-
-

25.08%

Con defensive

13.43%
-

Healthcare

11.66%
-

Utilities

-
-


Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser.

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