Fund databaseInfrastructure

Schroders Capital Semi-Liquid Global Energy Infrastructure

Schroders Capital · LU2696138747

Part II SICAV Infrastructure Luxembourg Article 9 30 share classes ↓ Primaries / Target Funds

NAV · 30 Jun 2026116.70 USD
Fund currencyUSD
Income treatmentaccumulatingclass tracked, verified
Performance since Dec 2023 p.a.+6.4%Class IZ Acc USD
Ongoing costs
Min. investment
Redemptionquarterly
Risk (SRI)

01Performance

Unit price (NAV) in USD · share class IZ Acc USD · 41 data points

116.70 USDNAV as at 30 Jun 2026
100.9106.9113119Dec 2023Aug 2024Apr 2025Nov 2025Jun 2026
Source: Price feed from the management company 10 of 41 values derived (back-calculated from monthly returns)
YTD+0.2%
1 year+3.3%
since Dec 2023 p.a.+6.4%

Calendar-year returns

Calendar years, calculated from the NAV series

+6.1%2024+9.8%2025+0.2%2026 YTD

Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and the trading costs of reinvestment are not taken into account. Past performance is not a reliable indicator of future results.

Provider figures

These come from the factsheet, the PRIIPs KID or the monthly report. They may relate to a different reference date, a different share class or a longer period than the series above — the series starts with the first documented unit price, not necessarily with the launch. That is why the values sometimes differ.

Performance 12M · as at 30 Apr 20263.30%
Since launch p.a. · as at 30 Apr 202616.70%

Target return per the provider: 'The Fund aims to provide a return in excess of 10% per annum (before fund fees have been deducted over five to seven years)' - hence GROSS, before fund fees. No net target return is stated

Source: Factsheet_LU2696138747_2026-04-30, 'Target returns'

Provider figure or KID scenario — not a forecast by semiliquid.info. Target returns are not guaranteed.

02Strategy & portfolio

What the fund does and how the portfolio is put together.

Launch year2023
Fund sizeUSD 314mas at 30 Jun 2026
CurrencyUSD
Income treatmentboth
SFDRArticle 9
Recommended holding
Liquidity buffer15.60%
Leverage limit

Risk indicator not documented from the key information document (1 = low, 7 = high); it captures liquidity risks only to a limited extent.

Portfolio breakdown

Broken down using semiliquid’s common taxonomy — provider labels are mapped onto shared categories so that funds can be compared. Only published figures are used; nothing is estimated.

Sector breakdown

Actual portfolio% of NAVas at 30 Apr 2026

Renewables, other46.0%
Solar (PV)37.0%
Decarbonisation infrastructure18.0%
Show groups
Renewable energy83.0%
Utilities & environment18.0%
Source: Schroders Capital 'Semi-Liquid Global Energy Infrastructure' Factsheet Juni 2026, Aufteilung per 30.04.2026

Geographic breakdown

Actual portfolio% of NAVas at 30 Apr 2026

United Kingdom36.0%
United States32.0%
Germany14.0%
Spain14.0%
Ireland3.0%
Show groups
Europe67.0%
North America32.0%
Source: Schroders Capital 'Semi-Liquid Global Energy Infrastructure' Factsheet Juni 2026, Aufteilung per 30.04.2026

Strategy

Primaries / Target Funds

Direct investments and primaries

Portfolio composition

30 Apr 2026: funded private assets 71.6 % (USD 226.9m), committed private assets 12.4 % (USD 39.3m), liquid bucket 15.6 % (USD 49.5m), other assets and liabilities 0.4 % (USD 1.2m)
Source: Factsheet_LU2696138747_2026-04-30

Top holdings

Top 5 investments (weight, 30 Apr 2026): Oxbow (US solar, 300 MW solar park in Louisiana, the largest in the state, long-term PPAs with corporate offtakers) 26.3 %; Hornsea 1 (UK offshore wind, 1.2 GW, the first offshore wind farm above 1 GW) 16.2 %; Butendiek (German offshore wind, 288 MW in the North Sea, PPAs until December 2030 plus a residual EEG tariff) 14.4 %; Happy (US solar, 95 MW in Arkansas, PPA with the municipal utility Conway) 6.1 %; LCF 5 (UK glasshouse, Low Carbon Farming 5, large glasshouse in eastern England with heat pumps and CHP) 4.8 %. New in May 2026: Project Iris, a Dutch biomethane platform with six plants in operation/under construction plus a development platform
Source: Factsheet_LU2696138747_2026-04-30, 'Top 5 investments' and manager commentary

03Costs

The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.

Management feenot documented
Total ongoing costsnot documented
Entry charge max.not documented
Redemption fee5.00%
Performance feenot documented
Hurdle ratenot documented
High-water marknot documented

How the performance fee works

Not documented: neither the basis of assessment (total return or realised gains) nor the hurdle, catch-up, high-water mark or crystallisation cycle are published.

Costs per the key information document

No OCF/TER figure published. The target return of more than 10 % p.a. over five to seven years is understood to be before deduction of fund fees.
Source: Factsheet_LU2696138747_2026-04-30, 'Target returns'

04Subscription & entry

How you get into the fund, and on what terms.

Subscriptionmonthly
Minimum investmentnot documented
Entry chargenot documented
Rec. holding periodnot documented

Subscription per the document

Monthly ('Liquidity: Monthly subscriptions')

Source: Factsheet_LU2696138747_2026-04-30, 'Key fund information'

05Redemption & liquidity

Semi-liquid means redemption only on fixed dates, with notice periods and upper limits. This is how it works for this fund — in the order the redemption process runs.

Units can be redeemed quarterly; notice must be given 90 days before the date.

1 · Lock-upnot documented
2 · Notice period90 days before the date
3 · Redemption datequarterly
4 · Gatequantified
5 · Payoutnot documented

Redemption per the document

Quarterly ('Quarterly redemptions')

Source: Factsheet_LU2696138747_2026-04-30, 'Key fund information'

Gate per the document

Not quantified in the factsheet; the Schroders standard of 5 % per quarter recorded to date CANNOT be substantiated from the documents available (Appendix III is missing)

Source: Factsheet 30 Apr 2026; Prospectus 1 Dec 2025

Notice period

not documented

Lock-up

NEWLY documented: the fund had a 'Ramp-Up period' which expired at the end of December 2025 ('following the expiry of the Fund's Ramp-Up period at the end of December 2025'). Only thereafter, in April 2026, was the first distribution made to the distributing share classes. Prospectus (generic): P units with a three-year redemption-fee period and a bar on switching/transfer

Source: Factsheet_LU2696138747_2026-04-30, manager commentary; Prospectus 1 Dec 2025

06Share classes

30 classes known. All cost and risk figures on this page apply to LU2696138747.

ISINStatusMin. investmentOngoing costsSRI
LU2696138747basis of this pageUSD 5m0.89%4/7
LU2947870627documentedCHF 10,0001.20%4/7
LU2710740007documentedUSD 5m0.64%4/7
+ 27 more share classes
ISINStatusMin. investmentOngoing costsSRI
LU2716701508documentedGBP 5m0.64%4/7
LU2696138408documentedUSD 10,0000.95%4/7
LU2733417815documentedEUR 10,0001.95%4/7
LU2790317171documentedEUR 5m0.97%4/7
LU2696138580documentedUSD 5m0.14%4/7
LU2790316520documentedUSD 10,0001.95%4/7
LU2710740932documentedSEK 5m0.64%4/7
LU2790316876documentedUSD 5m0.89%4/7
LU2790316959documentedEUR 10,0001.95%4/7
LU2696138663documentedUSD 5m0.64%4/7
LU2710740692documentedEUR 5m0.64%4/7
LU2839196503documentedNOK 10,0001.95%5/7
LU2696138234documentedUSD 10,0001.95%4/7
LU2710740346documentedEUR 5m0.64%4/7
LU2947870973documentedCHF 5m0.89%4/7
LU3153070316documentedEUR 10,0002.19%4/7
LU2696138317documentedUSD 10,0001.20%4/7
LU2710740858documentedSEK 100,0001.70%4/7
LU2839196685documentedNOK 100,0001.70%5/7
LU2710740262documentedEUR 10,0000.95%4/7
LU2965716520documentedGBP 5m0.64%4/7
LU2790316793documentedUSD 10,0001.20%4/7
LU2947871195documentedGBP 5m0.14%4/7
LU2710740189documentedEUR 10,0001.20%4/7
LU2790317098documentedEUR 10,0001.20%4/7
LU2710740429documentedEUR 5m0.89%4/7
LU2710740775documentedSEK 10,0001.95%4/7
Note on the classes
30 classes (Fund Centre, Luxembourg, professional investors). The main class is IZ Acc USD. The sub-fund was named 'Energy Transition' until 20 May 2025. Class launches: four classes on 31 Jan 2025 and A2 on 30 Sep 2025; class IZ Dis EUR was liquidated on 31 Dec 2025. Volume USD 314.13 million as at 30 Jun 2026 according to the factsheet. Codes for class IZ-USD: Bloomberg SCMLTIZ LX, SEDOL BLFDH09. Article 9 SFDR.

07Fund details & verification

Who stands behind the fund, who it is authorised for — and what the figures rest on.

AIFM / management company

Management company: Schroder Investment Management (Europe) S.A. (umbrella prospectus). Portfolio management/data source: Schroders Greencoat (sister funds: Global Renewables+ and the newly launched Schroders Greencoat Global Fund)

Source: Prospekt_LU2696138747_2025-12-01; Factsheet 30 Apr 2026

Depositary

Brown Brothers Harriman (Luxembourg) S.C.A

Source: Prospekt_LU2696138747_2025-12-01, Definition 'Depositary'

Launch date

29 Dec 2023 ('Inception: 29 December 2023'; price history since Dec 2023)

Source: Factsheet_LU2696138747_2026-04-30, footnotes 2 and 3

Eligible investors

'Marketing material for professional clients only'

Source: Factsheet_LU2696138747_2026-04-30, header

Fee layers / double charging

Not documented – the fund is managed by Schroders Greencoat (part of Schroders Capital) and invests in a global portfolio of renewable and energy-transition-related infrastructure assets; whether this is done via target funds or project companies with additional fee layers is not documented.

All figures come from our analysis of provider documents (product data as at 19 Aug 2026, distribution data as at 12 Aug 2026) and have not been conclusively verified.

Similar funds

Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.

Important information. semiliquid.info does not provide investment advice and makes no recommendation to buy, sell or hold fund units — no ranking, no offer, no invitation to subscribe. Only the prospectus and the key information document (PRIIPs KID) of the respective fund are authoritative. We give no warranty for the accuracy, completeness or currency of the information. Semi-liquid funds invest in illiquid assets: redemptions are possible only to a limited extent and can be capped, deferred or suspended; there is a risk of total loss. Past performance is not a reliable indicator of future results. Read the prospectus and the key information document before making an investment decision and seek professional advice where appropriate.