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Schroders Floats Low-Cost Equity Fund

Schroders has unveiled a new retail share class for the Schroder QEP Global Core fund.

Schroders has unveiled a new retail share class for the Schroder QEP Global Core fund, Financial Times reports. The newly launched global equity low cost fund will target 1% per annum outperformance of the MSCI World Index.

The fund will invest in a diversified portfolio of more than 500 global stocks and is constructed to take many active positions against the index. The vehicle will be managed by the Schroders’ global QEP team, led by JustinAbercrombie.

Click here for the story from Financial Times.

Click here for the additional coverage from Investment Week.

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