Schroders Capital Semi-Liquid Global Real Estate Total Return

Schroders Capital Semi-Liquid Global Real Estate Total Return is an open-ended semi-liquid vehicle managed by Schroder Investment Management, constituted as a SICAV in Luxembourg and authorised under the UCI Part II regime. It is a Non-ELTIF structure, launched in 2022 and denominated in USD, invested in real estate along a core / core plus approach and distributed to professional investors across Europe. The fund is classified Article 8 under SFDR and carries a summary risk indicator of 4, and its reported net assets stand at as at 31 Aug 2026.

Liquidity is administered rather than market-driven. Dealing is monthly on the subscription side against a monthly net asset value, while redemptions are processed quarterly and require notice of 90 days, with a soft lock-up applying to early repurchases. The minimum commitment is 10,000 USD, so the entry point sits below the thresholds typical of closed-ended real estate partnerships while the exit profile remains tied to the pace at which underlying property positions can be realised. Charges comprise a management fee of and a performance fee of , both of which can be compared against the fee ranges of the peer sets below.

Within the coverage universe of 494 vehicles, the fund is one of 44 in real estate and one of 347 domiciled in Luxembourg, narrowing to 31 that combine both. Portfolio exposure is spread across regions on a basis, which is the dimension on which it differs most from the other vehicles in that smaller cohort, many of which are single-region mandates.