FundCalibre has awarded six funds and one trust its ‘Elite Rating', including the Schroder British Opportunities trust, which only just managed to raise £75m for its launch last year.
Schroder British Opportunities was the only trust to receive the ‘Elite Radar' rating in the latest series of evaluations. Juliet Schooling Latter, research director at FundCalibre, highlighted that it was one of the few products to be launched in response to Covid-19. "The portfolio consists of 30-50 small- and medium-sized public and private businesses requiring fresh injections of equity, with the trust aiming to provide a net asset value total return of 10% per annum," she said of the trust. Schroder British Opportunities was one of the few UK smaller companies trusts that mana...
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