Schroder Emerging Market Equity Fund

Mutual funds

Fund Information

	Advisor Shares	Investor Shares
Ticker Symbol	SEMVX	SEMNX
CUSIP	808090740	808090757
Inception Date	3/31/2006	3/31/2006
Fund Assets	N/A	N/A

Investment Objective

Schroder Emerging Market Equity Fund seeks capital appreciation through investment principally in equity securities of companies in emerging market countries in regions such as Asia, Latin America, Eastern Europe, the Middle East, and Africa.

Fund Overview

Provides exposure to a range of developing countries around the world, which tend to have a stronger growth potential than mature economies and therefore offer the opportunity for premium returns
Primary investment universe consists of the MSCI Emerging Markets Index, which covers 21 countries and around 800 stocks, although we also aim to find good investments in the wider emerging markets universe*
Targets 50% value added from stock selection, 50% from country decisions

Management Team

Team managed by Allan Conway
30 years' investment industry experience**
Joined Schroders in 2004 as Head of Emerging Market Equities
Dedicated team of 35 investment professionals, average 13 years' investment experience**

Allan Conway
Schroder Emerging Market Equity Fund - Since Inception (2006)

Mr. Conway is Head of Emerging Market Equities at SIMNA Ltd. He has been an employee of SIMNA Ltd. since 2004. Formerly, Head of Global Emerging Markets, West LB Asset Management and Chief Executive Officer of WestAM (UK).

Waj Hashmi, CFA
Schroder Emerging Market Equity Fund - Since Inception (2006)

Mr. Hashmi is a Portfolio Manager of SIMNA Ltd. He has been an employee of SIMNA Ltd. since 2000.

Robert Davy
Schroder Emerging Market Equity Fund - Since Inception (2006)

Mr. Davy is a Portfolio Manager of SIMNA Ltd. He has been an employee of SIMNA Ltd. since 1986.

James Gotto
Schroder Emerging Market Equity Fund - Since Inception (2006)

Mr. Gotto is a Portfolio Manager of SIMNA Ltd. He has been an employee of SIMNA Ltd. since 1991.

Fund Facts (As of March 1, 2012)

	Advisor Shares	Investor Shares
Minimum Investment	$2,500	$250,000
Min. Subsequent Inv	$1,000	$1,000
Load	NONE	NONE
Management Fees	1.00%	1.00%
Distribution Fee	0.25%	NONE
Other Expenses	0.34%	0.34%
Total Annual Fund Operating Expenses	1.59%	1.34%
Less: Expense Reimbursement¹	0.09%	0.09%
Net Annual Fund Operating Expenses	1.50%	1.25%

Daily Price (As of N/A)

	Advisor Shares	Investor Shares
Share Price/NAV	N/A	N/A
Change	N/A	N/A

Fund Performance >>

Quick links

¹In order to limit the Fund's expenses, the Fund's adviser has contractually agreed through February 28, 2013 to pay or reimburse the Fund to the extent that Total Annual Fund Operating Expenses (other than Acquired Fund Fees and Expenses, other indirect acquired fund expenses, interest, taxes, and extraordinary expenses), for the Fund's Advisor Shares, exceed 1.50% of Advisor Shares' average daily net assets and, for the Fund's Investor Shares, exceed 1.25% of Investor Shares' average daily net assets. The expense limitation may only be terminated during its term by the Board of Trustees

Performance data quoted represents past performance. Past performance is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data does not reflect a 2.00% redemption fee on shares redeemed two months or less from their original date of purchase. If this fee were reflected, one month performance for these funds would be lower than that shown. Current performance may be lower or higher than the performance data quoted.

For performance data current to the most recent month end, please click the following link: performance. Please consider a fund's investment objectives, risks, charges and expenses carefully before investing. For access to the prospectus, please click the following link: prospectuses. To obtain any further information on any Schroders fund, please read the prospectus, call your financial advisor or call Schroder Mutual Funds at (800) 464-3108 for Individual Investors or (800) 730-2932 for Intermediaries/Financial Consultants. Read the prospectus carefully before investing.

All Investments, domestic and foreign, involve risks including the risk of possible loss of principal. The market value of a fund's portfolio may decline as a result of a number of factors, including adverse economic and market conditions, prospects of stocks in the portfolio, changing interest rates, and real or perceived adverse competitive industry conditions. Investing overseas involves special risks including among others, risk related to political or economic instability, foreign currency (such as exchange, valuation, and fluctuation) risk, market entry or exit restrictions, illiquidity and taxation. Emerging markets pose greater risks than investments in developed markets. Please see the prospectus for a full description of the risks associated with the fund.

Please see the prospectus for a full description of the risks associated with the fund.

There can be no guarantee these strategies will be successful.

Schroder Investment Management North America Inc. is an indirect wholly owned subsidiary of Schroders plc and is an SEC registered investment adviser providing asset management products and services to clients in the US and Canada. Our mutual funds are distributed by Schroder Fund Advisors LLC, a member of FINRA.