Schroders adds GBP hedged classes

Schroders has launched GBP hedged unit classes for four of its UK funds in a bid to mitigate the currency effects of investing overseas.

Schroders adds GBP hedged classes
1 minute

The new share classes are now available on the Schroder European, European Alpha, Japan Alpha Plus and Tokyo Funds.

Investors concerned about weakening foreign currencies can use the hedged class to protect their investments abroad, so they only experience the performance of the underlying portfolio.

The performance of the affected Japan-focused funds over the past year is shown in the graph below.

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The Tokyo Fund is managed by Andrew Rose, head of Japanese equities and it currently has £1.06bn under management. Tokyo-based Nathan Gibb heads up the Japanese Alpha Plus vehicle, which has assets of £62.4m.

Japanese funds have had a good start to the year, find out which have delivered returns of more than 30% year-to-date here.

 

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