0001104659-13-022940.txt : 20130321 0001104659-13-022940.hdr.sgml : 20130321 20130321150400 ACCESSION NUMBER: 0001104659-13-022940 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20130321 DATE AS OF CHANGE: 20130321 EFFECTIVENESS DATE: 20130321 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCHRODER CAPITAL FUNDS (DELAWARE) CENTRAL INDEX KEY: 0000019532 IRS NUMBER: 132659955 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-34215 FILM NUMBER: 13707514 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE STREET 2: 22ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-641-3800 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE STREET 2: 22ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: SCHRODER CAPITAL FUNDS /DELAWARE/ DATE OF NAME CHANGE: 19960206 FORMER COMPANY: FORMER CONFORMED NAME: SCHRODER CAPITAL FUNDS INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CHEAPSIDE DOLLAR FUND LTD DATE OF NAME CHANGE: 19880310 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCHRODER CAPITAL FUNDS (DELAWARE) CENTRAL INDEX KEY: 0000019532 IRS NUMBER: 132659955 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-01911 FILM NUMBER: 13707515 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE STREET 2: 22ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-641-3800 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE STREET 2: 22ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: SCHRODER CAPITAL FUNDS /DELAWARE/ DATE OF NAME CHANGE: 19960206 FORMER COMPANY: FORMER CONFORMED NAME: SCHRODER CAPITAL FUNDS INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CHEAPSIDE DOLLAR FUND LTD DATE OF NAME CHANGE: 19880310 0000019532 S000008365 SCHRODER US OPPORTUNITIES FUND C000022898 SCHRODER US OPPORTUNITIES FUND - INVESTOR CLASS SCUIX C000029578 SCHRODER US OPPORTUNITIES FUND - ADVISOR CLASS SCUVX 0000019532 S000008367 SCHRODER INTERNATIONAL ALPHA FUND C000022900 SCHRODER INTERNATIONAL ALPH FUND - INVESTOR CLASS SCIEX C000029579 SCHRODER INTERNATIONAL ALPHA FUND - ADVISOR CLASS SCVEX 485BPOS 1 a13-2950_5485bpos.htm POST-EFFECTIVE AMENDMENT FILED PURSUANT TO SECURITIES ACT RULE 485(B)

 

As filed with the Securities and Exchange Commission on March 21, 2013

 

Investment Company Act File No. 811-1911; Securities Act File No. 2-34215

 

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM N-1A

 

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933  x

 

POST-EFFECTIVE AMENDMENT No. 99  x

 

and/or

 

REGISTRATION STATEMENT UNDER INVESTMENT COMPANY ACT OF 1940  x

 

Amendment No. 79  x

 

SCHRODER CAPITAL FUNDS (DELAWARE)

875 Third Avenue, 22nd Floor, New York, New York 10022
(212) 641-3800

 

Carin F. Muhlbaum, Esq.
Schroder Investment Management North America Inc.
875 Third Avenue, 22nd Floor,
New York, New York 10022

 

Copies to:

 

Timothy W. Diggins, Esq.
Ropes & Gray LLP
Prudential Tower

800 Boylston Street

Boston, MA 02199-3600

 

It is proposed that this filing will become effective (check appropriate box):

 

x                                  Immediately upon filing pursuant to paragraph (b)

¨                                    60 days after filing pursuant to paragraph (a)(1)

¨                                    75 days after filing pursuant to paragraph (a)(2)

¨                                    On (date) pursuant to paragraph (b)

¨                                    On (date) pursuant to paragraph (a)(1)

¨                                    On (date) pursuant to paragraph (a)(2) of Rule 485.

 

If appropriate, check the following box:

 

¨                                    This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 

This post-effective amendment is being filed pursuant to the annual update of the registration statement of all existing series of the Trust. The Registrant has registered an indefinite amount of its shares of beneficial interest under the Securities Act of 1933, pursuant to Rule 24f-2 under the Investment Company Act of 1940. In reliance upon Rule 24f-2, no filing fee is being paid at this time.

 

 

 


 


 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all the requirements for effectiveness of this registration statement under Rule 485(b) under the Securities Act of 1933 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereto duly authorized, in the City of New York and the State of New York, on this 21st day of March, 2013.

 

SCHRODER CAPITAL FUNDS (DELAWARE)

 

 

 

 

By:

/s/ Mark A. Hemenetz

 

 

Name:

Mark A. Hemenetz

 

 

Title:

President and Principal Executive Officer

 

 

Pursuant to the requirements of the Securities Act of 1933, as amended, this amendment to the Registration Statement has been signed below by the following persons in the capacities indicated on March 21, 2013.

 

Principal Executive Officer

 

 

 

 

By:

/s/ Mark A. Hemenetz

 

 

Name:

Mark A. Hemenetz

 

 

Title:

President and Principal Executive Officer

 

 

 

 

 

Principal Financial and Accounting Officer

 

 

 

 

 

 

 

By:

/s/ Alan M. Mandel

 

 

Name:

Alan M. Mandel

 

 

Title:

Treasurer & Principal Financial and Accounting Officer

 

 

*Jay S. Calhoun, Trustee

*Margaret M. Cannella, Trustee

*Mark D. Gersten, Trustee
*Catherine A. Mazza, Trustee

 

 

By:

/s/ Alan M. Mandel

 

 

Alan M. Mandel, Attorney-in-Fact*

 

 

*     Pursuant to powers of attorney previously filed as exhibits to this Registration Statement.

 


 


 

Exhibit Index

 

Exhibit Number

 

Description

 

 

 

EX-101.INS

 

XBRL Instance Document

 

 

 

EX-101.SCH

 

XBRL Taxonomy Extension Schema Document

 

 

 

EX-101.CAL

 

XBRL Taxonomy Extension Calculation Linkbase

 

 

 

EX-101.DEF

 

XBRL Taxonomy Extension Definition Linkbase

 

 

 

EX-101.LAB

 

XBRL Taxonomy Extension Labels Linkbase

 

 

 

EX-101.PRE

 

XBRL Taxomony Extension Presentation Linkbase

 


 

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The Fund's adviser has contractually agreed through February 28, 2014, if necessary, 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 Investor Shares, exceed 0.95% of Investor Shares' average daily net assets and, for the Fund's Advisor Shares, exceed 1.30% of Advisor Shares' average daily net assets. The expense limitation may only be terminated during its term by the Board of Trustees. "Net Annual Fund Operating Expenses" shown above include expenses incurred indirectly by the Fund (e.g., indirect Other Expenses and/or Acquired Fund Fees and Expenses), and thus may be higher than the Ratio of Expenses to Average Net Assets included in the "Financial Highlights" section of the full prospectus. If only the operating expenses of the Fund were included in Net Annual Fund Operating Expenses, and not the indirect expenses incurred by the Fund, the Net Annual Fund Operating Expenses would be 0.95% for Investor Shares, and 1.30% for Advisor Shares. "Total Annual Fund Operating Expenses" shown above include expenses incurred indirectly by the Fund (e.g., indirect Other Expenses and/or Acquired Fund Fees and Expenses), and thus may be higher than the Ratio of Expenses to Average Net Assets included in the "Financial Highlights" section of the full prospectus. If only the operating expenses of the Fund were included in Total Annual Fund Operating Expenses, and not the indirect expenses incurred by the Fund, the Total Annual Fund Operating Expenses would be 1.32% for Investor Shares and 1.57% for Advisor Shares. SCHRODER CAPITAL FUNDS (DELAWARE) 485BPOS false 0000019532 2012-10-31 2013-02-28 2013-03-01 2013-03-01 SCHRODER INTERNATIONAL ALPHA FUND SCIEX SCVEX Investment Objective: <p align="left" style="margin:0pt 0pt 6pt 0pt;"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">The Fund seeks long-term capital appreciation through investment in securities markets outside the United States.</font> </p> Fees and Expenses of the Fund: <p align="left" style="margin:0pt 0pt 6pt 0pt;"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">The tables below describe the fees and expenses that you may pay if you buy and hold shares of the Fund.</font> </p> -0.0200 -0.0200 0.0080 0.0080 0.0000 0.0025 0.0060 0.0070 0.0001 0.0001 0.0141 0.0176 -0.0045 -0.0045 0.0096 0.0131 ~ http://schroderfunds.com/20130228/role/ScheduleShareholderFees20001 column dei_LegalEntityAxis compact ck0000019532_S000008367Member row primary compact * ~ ~ http://schroderfunds.com/20130228/role/ScheduleAnnualFundOperatingExpenses20002 column dei_LegalEntityAxis compact ck0000019532_S000008367Member row primary compact * ~ 2014-02-28 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) "Other Expenses" are based on estimated amounts for the current fiscal year. "Net Annual Fund Operating Expenses" shown above include expenses incurred indirectly by the Fund (e.g., indirect Other Expenses and/or Acquired Fund Fees and Expenses), and thus may be higher than the Ratio of Expenses to Average Net Assets included in the "Financial Highlights" section of the full prospectus. If only the operating expenses of the Fund were included in Net Annual Fund Operating Expenses, and not the indirect expenses incurred by the Fund, the Net Annual Fund Operating Expenses would be 0.95% for Investor Shares, and 1.30% for Advisor Shares. Shareholder Fees (fees paid directly from your investment) Example. <p align="left" style="margin:0pt 0pt 6pt 0pt;"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">This Example is intended to help you compare the cost of investing in the Fund with the costs of investing in other mutual funds. The Example assumes that you invest $10,000 in the noted class of shares of the Fund for the time periods indicated, your investment has a 5% return each year, and the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, the Example shows what your costs would be based on these assumptions. The Example is based, for the first year, on the Net Annual Fund Operating Expenses and, for all other periods, on Total Annual Fund Operating Expenses.</font> </p> 98 98 402 402 728 728 1652 1652 133 133 510 510 912 912 2036 2036 ~ http://schroderfunds.com/20130228/role/ScheduleExpenseExampleTransposed20003 column dei_LegalEntityAxis compact ck0000019532_S000008367Member row primary compact * ~ ~ http://schroderfunds.com/20130228/role/ScheduleExpenseExampleNoRedemptionTransposed20004 column dei_LegalEntityAxis compact ck0000019532_S000008367Member row primary compact * ~ Investor Shares - Advisor Shares (whether or not shares are redeemed) Investor Shares - Advisor Shares (whether or not shares are redeemed) Portfolio Turnover. <p align="left" style="margin:0pt 0pt 6pt 0pt;"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes for you if your Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 63% of the average value of its portfolio.</font> </p> 0.63 Performance Information. <p align="left" style="margin:0pt 0pt 6pt 0pt;"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">The following bar chart and table provide some indication of the risks of investing in the Fund by showing changes in its total return from year to year and by comparing the Fund's average annual total returns with those of a broad-based market index. The bar chart shows the performance of the Fund's Investor Shares. The performance of Advisor Shares would be lower because of the lower expenses paid by Investor Shares.</font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><i>Past performance (before and after taxes) is not necessarily predictive of future performance.</i></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">Visit www.schroderfunds.com for more current performance information.</font> </p> Calendar Year Total Returns Calendar Year End (through 12/31) 0.3293 0.1524 0.1832 0.2446 0.1405 -0.4690 0.4734 0.1532 -0.1661 0.1900 ~ http://schroderfunds.com/20130228/role/ScheduleAnnualTotalReturnsBarChart20005 column dei_LegalEntityAxis compact ck0000019532_S000008367Member row primary compact * ~ Highest 0.2744 2009-06-30 Lowest -0.2372 2008-12-31 <p style="margin:0pt 0pt 0pt 0pt;" align="left"> <font style="font-size:10pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#160;&#160;Highest and Lowest<br /> &#160;&#160;Quarter Returns</font> </p> <br/><p style="margin:0pt 0pt 3pt 0pt;" align="left"> <font style="font-size:9pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#160;&#160;(for periods shown in<br /> &#160;&#160;the bar chart)</font> </p> <br/><table border="0" cellspacing="0" cellpadding="0"> <tr> <td colspan="3" width="80" align="left" valign="bottom" style="padding:0pt .7pt 0pt 0pt;"> <font style="font-size:9pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">Highest</font> </td> <td colspan="1"> &#160; </td> <td colspan="3" width="80" align="left" valign="bottom" style="padding:0pt .7pt 0pt 0pt;"> <p style="margin:0pt 0pt 0pt 0pt"> <font style="font-size:9pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">Lowest</font> </p> </td> <td colspan="1"> &#160; </td> </tr> <tr> <td colspan="3" width="80" align="left" valign="bottom" style="padding:0pt .7pt 0pt 0pt;"> <font style="font-size:9pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">6/30/09</font> </td> <td colspan="1"> &#160; </td> <td colspan="3" width="80" align="left" valign="bottom" style="padding:0pt .7pt 0pt 0pt;"> <p style="margin:0pt 0pt 0pt 0pt"> <font style="font-size:9pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">12/31/08</font> </p> </td> <td colspan="1"> &#160; </td> </tr> <tr> <td colspan="3" width="80" align="left" valign="bottom" style="padding:0pt .7pt 0pt 0pt;"> <font style="font-size:9pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">27.44</font><font style="font-size:9pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">%</font> </td> <td colspan="1"> &#160; </td> <td colspan="3" width="80" align="left" valign="bottom" style="padding:0pt .7pt 0pt 0pt;"> <font style="font-size:9pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">-23.72</font><font style="font-size:9pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">%</font> </td> <td colspan="1"> &#160; </td> </tr> </table> 0.1900 -0.0219 0.0870 0.1914 -0.0217 0.0863 0.1291 -0.0165 0.0788 0.1867 -0.0243 0.0844 0.1732 -0.0369 0.0821 ~ http://schroderfunds.com/20130228/role/ScheduleAverageAnnualReturnsTransposed20006 column dei_LegalEntityAxis compact ck0000019532_S000008367Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <p style="margin:0pt 0pt 6pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">After-tax returns are shown only for Investor Shares and are estimated using the highest historical individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their shares in the Fund through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. In some cases, the return after taxes may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of Fund shares at the end of the measurement period. After-tax returns for Advisor Shares will vary.</font> </p> After-tax returns are shown only for Investor Shares and are estimated using the highest historical individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Past performance (before and after taxes) is not necessarily predictive of future performance. www.schroderfunds.com Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their shares in the Fund through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. The following bar chart and table provide some indication of the risks of investing in the Fund by showing changes in its total return from year to year and by comparing the Fund's average annual total returns with those of a broad-based market index. (reflects no deduction for fees, expenses or taxes) In some cases, the return after taxes may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of Fund shares at the end of the measurement period. After-tax returns for Advisor Shares will vary. Average Annual Total Returns for Periods Ended December 31, 2012 Principal Investment Strategies. <p align="left" style="margin:0pt 0pt 6pt 0pt;"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">The Fund normally invests at least 65% of its total assets in equity securities of companies located outside the United States. The Fund's sub-adviser attempts to invest broadly across regions and countries, including emerging market countries, though the Fund may, from time to time, invest more than 25% of its net assets in any one country or group of countries. The Fund expects typically to invest in forty to sixty companies at any one time and will typically invest a substantial portion of its assets in countries included in the MSCI EAFE Index. The sub-adviser relies on a fundamental, research-driven, bottom-up approach to identify issuers it believes offer the potential for capital growth. The sub-adviser considers factors such as a company's potential for above average earnings growth, a security's attractive relative valuation, and whether a company has proprietary advantages. The Fund may invest in common and preferred stocks, convertible securities and warrants of companies of any size market capitalization. The Fund may also invest in closed-end funds or exchange-traded funds, and may use options, futures contracts, and other derivative instruments in an attempt to add incremental return (sometimes referred to as "alpha") over the Fund's benchmark index.</font> </p> Principal Risks. <p align="left" style="margin:0pt 0pt 6pt 0pt;"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"/><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>It is possible to lose money on an investment in the Fund.</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">The Fund will be affected by the investment decisions, techniques and risk analyses of the Fund's investment team and there is no guarantee that the Fund will achieve its investment objective. The values of investments held by the Fund may fluctuate in response to actual or perceived issuer, political, market, and economic factors influencing the financial markets generally, or relevant industries or sectors within them. Fluctuations may be more pronounced if the Fund invests substantially in one country or group of countries or in companies with smaller market capitalizations. Other principal risks of investing in the Fund include:</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>Foreign Securities/Currencies Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">investments in non-U.S. issuers, directly or through use of depositary receipts, may be affected by adverse political, regulatory, economic, market or other developments affecting issuers located in foreign countries, currency exchange rates or regulations, or foreign withholding taxes;</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>Emerging Markets Securities Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">compared to foreign developed markets, investing in emerging markets may involve heightened volatility, greater political, regulatory, legal and economic uncertainties, less liquidity, dependence on particular commodities or international aid, high levels of inflation, and certain special risks associated with smaller capitalization companies;</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>Equity Securities Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">equity securities may react more strongly to changes in overall market conditions, or to a particular issuer's financial condition or prospects, than other securities of the same issuer or relative to other asset classes; in a liquidation or bankruptcy, claims of bond owners take priority over those of preferred stockholders, whose claims take priority over those of common stockholders;</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>Convertible Securities Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">debt securities that are convertible into preferred or common stocks are subject to the risks of both debt and equity securities;</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>Warrants Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">warrants involve the market risk related to the underlying securities, the counterparty risk with respect to the issuing broker, and risk of illiquidity within the trading market for warrants;</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>Derivatives Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">investing in derivative instruments may be considered speculative and involves leverage, liquidity, and valuation risks and the risk of losing more than the principal amount invested;</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; 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SCHRODER US OPPORTUNITIES FUND SCUIX SCUVX Investment Objective: <p align="left" style="margin:0pt 0pt 6pt 0pt;"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">The Fund seeks capital appreciation.</font> </p> Fees and Expenses of the Fund: <p align="left" style="margin:0pt 0pt 6pt 0pt;"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">The tables below describe the fees and expenses that you may pay if you buy and hold shares of the Fund.</font> </p> -0.0200 -0.0200 0.0100 0.0100 0.0000 0.0025 0.0032 0.0032 0.0002 0.0002 0.0134 0.0159 ~ http://schroderfunds.com/20130228/role/ScheduleShareholderFees20009 column dei_LegalEntityAxis compact ck0000019532_S000008365Member row primary compact * ~ ~ http://schroderfunds.com/20130228/role/ScheduleAnnualFundOperatingExpenses20010 column dei_LegalEntityAxis compact ck0000019532_S000008365Member row primary compact * ~ Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) "Total Annual Fund Operating Expenses" shown above include expenses incurred indirectly by the Fund (e.g., indirect Other Expenses and/or Acquired Fund Fees and Expenses), and thus may be higher than the Ratio of Expenses to Average Net Assets included in the "Financial Highlights" section of the full prospectus. If only the operating expenses of the Fund were included in Total Annual Fund Operating Expenses, and not the indirect expenses incurred by the Fund, the Total Annual Fund Operating Expenses would be 1.32% for Investor Shares and 1.57% for Advisor Shares. Shareholder Fees (fees paid directly from your investment) Example. <p align="left" style="margin:0pt 0pt 6pt 0pt;"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">This Example is intended to help you compare the cost of investing in the Fund with the costs of investing in other mutual funds. The Example assumes that you invest $10,000 in the noted class of shares of the Fund for the time periods indicated, your investment has a 5% return each year, and the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, the Example shows what your costs would be based on these assumptions.</font> </p> 136 136 425 425 734 734 1613 1613 162 162 502 502 866 866 1889 1889 ~ http://schroderfunds.com/20130228/role/ScheduleExpenseExampleTransposed20011 column dei_LegalEntityAxis compact ck0000019532_S000008365Member row primary compact * ~ ~ http://schroderfunds.com/20130228/role/ScheduleExpenseExampleNoRedemptionTransposed20012 column dei_LegalEntityAxis compact ck0000019532_S000008365Member row primary compact * ~ Investor Shares - Advisor Shares (whether or not shares are redeemed) Investor Shares - Advisor Shares (whether or not shares are redeemed) Portfolio Turnover. <p align="left" style="margin:0pt 0pt 6pt 0pt;"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes for you if your Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 69% of the average value of its portfolio.</font> </p> 0.69 Performance Information. <p align="left" style="margin:0pt 0pt 6pt 0pt;"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">The following bar chart and table provide some indication of the risks of investing in the Fund by showing changes in its total return from year to year and by comparing the Fund's average annual total returns with those of a broad-based market index. The bar chart shows the performance of the Fund's Investor Shares. 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Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their shares in the Fund through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. In some cases, the return after taxes may exceed the <font style="font-size: 11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">return before taxes due to an assumed tax benefit from any losses on a sale of Fund shares at the end of the measurement period. After-tax returns for Advisor Shares will vary.</font><br /> </font> </p> After-tax returns are shown only for Investor Shares and are estimated using the highest historical individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Past performance (before and after taxes) is not necessarily predictive of future performance. www.schroderfunds.com Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their shares in the Fund through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. The following bar chart and table provide some indication of the risks of investing in the Fund by showing changes in its total return from year to year and by comparing the Fund's average annual total returns with those of a broad-based market index. (reflects no deduction for fees, expenses or taxes) In some cases, the return after taxes may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of Fund shares at the end of the measurement period. After-tax returns for Advisor Shares will vary. Average Annual Total Returns for Periods Ended December 31, 2012 Principal Investment Strategies. <p align="left" style="margin: 0pt 0pt 6pt 0pt;"> <font style="font-size: 11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">The Fund expects under current market conditions to invest primarily in equity securities of small capitalization companies, although it may also invest in micro-capitalization companies or larger companies. The Fund's adviser currently considers small capitalization companies to be those with market capitalizations of approximately $4 billion or less, measured at the time of investment, <font style="font-size: 11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">and considers micro-capitalization companies to be those with market capitalizations of approximately $200 million or less, measured at the time of investment. The Fund normally invests at least 80% of its net assets in securities of companies located in the United States. The adviser seeks to identify securities that it believes offer the potential for capital appreciation, based on novel, superior, or niche products or services, operating characteristics, quality of management, an entrepreneurial management team, their having gone public in recent years, opportunities provided by mergers, divestitures, or new management, or other factors. The Fund may invest in common and preferred stocks, convertible securities, and warrants, as well as in over-the-counter securities. The Fund may also invest in securities issued in initial public offerings (IPOs), real estate investment trusts (REITs), closed-end funds or exchange-traded funds, and may use options and other derivative instruments (though not for leverage) in pursuing its principal strategy. The Fund may also invest, though not normally more than 10% of its total assets, in fixed income securities, including but not limited to corporate bonds and convertible bonds.</font><br/> </font> </p> Principal Risks. <p align="left" style="margin:0pt 0pt 6pt 0pt;"><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>It is possible to lose money on an investment in the Fund.</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">The Fund will be affected by the investment decisions, techniques and risk analyses of the Fund's investment team and there is no guarantee that the Fund will achieve its investment objective. The values of investments held by the Fund may fluctuate in response to actual or perceived issuer, political, market, and economic factors influencing the financial markets generally, or relevant industries or sectors within them. Fluctuations may be more pronounced if the Fund invests substantially in one country or group of countries or in companies with smaller market capitalizations. Other principal risks of investing in the Fund include:</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>Small and Mid Cap Companies Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">investments in securities issued by smaller companies tend to be more vulnerable to adverse developments than larger companies, and may present increased liquidity risk;</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>Equity Securities Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">equity securities may react more strongly to changes in overall market conditions, or to a particular issuer's financial condition or prospects, than other securities of the same issuer or relative to other asset classes; in a liquidation or bankruptcy, claims of bond owners take priority over those of preferred stockholders, whose claims take priority over those of common stockholders;</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>Convertible Securities Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">debt securities that are convertible into preferred or common stocks are subject to the risks of both debt and equity securities;</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>REIT Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">REITs involve risks similar to those associated with direct ownership of real estate. Some REITs have limited diversification and some have expenses that may be indirectly incurred by shareholders of the Fund;</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>IPO Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">securities issued in IPOs have little to no trading history, limited issuer information, increased volatility and may not be available to the extent desired;</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>Issuer Focus Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">focusing on a relatively small number of issuers increases risk and volatility;</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>Investments in Pooled Vehicles Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">investing in another investment company subjects the Fund to that company's risks, and, in general, to a pro rata portion of that company's fees and expenses;</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; 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font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>Valuation Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">certain securities may be difficult to value, and to the extent the Fund sells a security at a price lower than that used to value the security, its net asset value will be adversely affected; and</font> </p> <br/><p style="margin:0pt 0pt 5pt 0pt;" align="left"> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">&#8226;&#160;&#160;</font><font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;"><b>Portfolio Turnover Risk:</b></font> <font style="font-size:11pt; font-family: Times New Roman PS Std, Times New Roman PS, Times New Roman, Times;">if the Fund frequently trades its securities, this will increase transaction costs, may result in taxable capital gains, and may lower investment performance.</font> </p> <br/><p style="margin:0pt 0pt 6pt 0pt;" align="left"> <font style="font-size:11pt; 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An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font> </p> It is possible to lose money on an investment in the Fund. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. 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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading SCHRODER INTERNATIONAL ALPHA FUND
Objective [Heading] rr_ObjectiveHeading Investment Objective:
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks long-term capital appreciation through investment in securities markets outside the United States.

Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund:
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

The tables below describe the fees and expenses that you may pay if you buy and hold shares of the Fund.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-02-28
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes for you if your Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 63% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 63.00%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates "Other Expenses" are based on estimated amounts for the current fiscal year.
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees "Net Annual Fund Operating Expenses" shown above include expenses incurred indirectly by the Fund (e.g., indirect Other Expenses and/or Acquired Fund Fees and Expenses), and thus may be higher than the Ratio of Expenses to Average Net Assets included in the "Financial Highlights" section of the full prospectus. If only the operating expenses of the Fund were included in Net Annual Fund Operating Expenses, and not the indirect expenses incurred by the Fund, the Net Annual Fund Operating Expenses would be 0.95% for Investor Shares, and 1.30% for Advisor Shares.
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This Example is intended to help you compare the cost of investing in the Fund with the costs of investing in other mutual funds. The Example assumes that you invest $10,000 in the noted class of shares of the Fund for the time periods indicated, your investment has a 5% return each year, and the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, the Example shows what your costs would be based on these assumptions. The Example is based, for the first year, on the Net Annual Fund Operating Expenses and, for all other periods, on Total Annual Fund Operating Expenses.

Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Investor Shares - Advisor Shares (whether or not shares are redeemed)
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Investor Shares - Advisor Shares (whether or not shares are redeemed)
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies.
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

The Fund normally invests at least 65% of its total assets in equity securities of companies located outside the United States. The Fund's sub-adviser attempts to invest broadly across regions and countries, including emerging market countries, though the Fund may, from time to time, invest more than 25% of its net assets in any one country or group of countries. The Fund expects typically to invest in forty to sixty companies at any one time and will typically invest a substantial portion of its assets in countries included in the MSCI EAFE Index. The sub-adviser relies on a fundamental, research-driven, bottom-up approach to identify issuers it believes offer the potential for capital growth. The sub-adviser considers factors such as a company's potential for above average earnings growth, a security's attractive relative valuation, and whether a company has proprietary advantages. The Fund may invest in common and preferred stocks, convertible securities and warrants of companies of any size market capitalization. The Fund may also invest in closed-end funds or exchange-traded funds, and may use options, futures contracts, and other derivative instruments in an attempt to add incremental return (sometimes referred to as "alpha") over the Fund's benchmark index.

Risk [Heading] rr_RiskHeading Principal Risks.
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

It is possible to lose money on an investment in the Fund. The Fund will be affected by the investment decisions, techniques and risk analyses of the Fund's investment team and there is no guarantee that the Fund will achieve its investment objective. The values of investments held by the Fund may fluctuate in response to actual or perceived issuer, political, market, and economic factors influencing the financial markets generally, or relevant industries or sectors within them. Fluctuations may be more pronounced if the Fund invests substantially in one country or group of countries or in companies with smaller market capitalizations. Other principal risks of investing in the Fund include:


•  Foreign Securities/Currencies Risk: investments in non-U.S. issuers, directly or through use of depositary receipts, may be affected by adverse political, regulatory, economic, market or other developments affecting issuers located in foreign countries, currency exchange rates or regulations, or foreign withholding taxes;


•  Emerging Markets Securities Risk: compared to foreign developed markets, investing in emerging markets may involve heightened volatility, greater political, regulatory, legal and economic uncertainties, less liquidity, dependence on particular commodities or international aid, high levels of inflation, and certain special risks associated with smaller capitalization companies;


•  Equity Securities Risk: equity securities may react more strongly to changes in overall market conditions, or to a particular issuer's financial condition or prospects, than other securities of the same issuer or relative to other asset classes; in a liquidation or bankruptcy, claims of bond owners take priority over those of preferred stockholders, whose claims take priority over those of common stockholders;


•  Convertible Securities Risk: debt securities that are convertible into preferred or common stocks are subject to the risks of both debt and equity securities;


•  Warrants Risk: warrants involve the market risk related to the underlying securities, the counterparty risk with respect to the issuing broker, and risk of illiquidity within the trading market for warrants;


•  Derivatives Risk: investing in derivative instruments may be considered speculative and involves leverage, liquidity, and valuation risks and the risk of losing more than the principal amount invested;


•  Issuer Focus Risk: focusing on a relatively small number of issuers increases risk and volatility;


•  Investments in Pooled Vehicles Risk: investing in another investment company subjects the Fund to that company's risks, and, in general, to a pro rata portion of that company's fees and expenses;


•  Liquidity Risk: illiquid securities may be highly volatile, difficult to value, and difficult to sell or close out at favorable prices or times. Investments in foreign securities, including emerging market securities, tend to have greater exposure to liquidity risk;


•  Valuation Risk: certain securities may be difficult to value, and to the extent the Fund sells a security at a price lower than that used to value the security, its net asset value will be adversely affected; and


•  Portfolio Turnover Risk: if the Fund frequently trades its securities, this will increase transaction costs, may result in taxable capital gains, and may lower investment performance.


Please see "Principal Risks of Investing in the Funds" in the Fund's full prospectus for a more detailed description of the Fund's risks. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Risk Lose Money [Text] rr_RiskLoseMoney It is possible to lose money on an investment in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information.
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following bar chart and table provide some indication of the risks of investing in the Fund by showing changes in its total return from year to year and by comparing the Fund's average annual total returns with those of a broad-based market index. The bar chart shows the performance of the Fund's Investor Shares. The performance of Advisor Shares would be lower because of the lower expenses paid by Investor Shares. Past performance (before and after taxes) is not necessarily predictive of future performance. Visit www.schroderfunds.com for more current performance information.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund by showing changes in its total return from year to year and by comparing the Fund's average annual total returns with those of a broad-based market index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.schroderfunds.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) is not necessarily predictive of future performance.
Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns Calendar Year End (through 12/31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

  Highest and Lowest
  Quarter Returns


  (for periods shown in
  the bar chart)


Highest  

Lowest

 
6/30/09  

12/31/08

 
27.44%   -23.72%  
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 27.44%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (23.72%)
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes (reflects no deduction for fees, expenses or taxes)
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their shares in the Fund through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher In some cases, the return after taxes may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of Fund shares at the end of the measurement period. After-tax returns for Advisor Shares will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

After-tax returns are shown only for Investor Shares and are estimated using the highest historical individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their shares in the Fund through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. In some cases, the return after taxes may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of Fund shares at the end of the measurement period. After-tax returns for Advisor Shares will vary.

Caption rr_AverageAnnualReturnCaption Average Annual Total Returns for Periods Ended December 31, 2012
MSCI EAFE Index (reflects no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 17.32%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (3.69%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 8.21%
SCHRODER INTERNATIONAL ALPH FUND - INVESTOR CLASS
 
Risk/Return: rr_RiskReturnAbstract  
Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
Management Fees rr_ManagementFeesOverAssets 0.80%
Distribution (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.60% [1]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.41%
Fee Waiver or Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.45%) [2]
Net Annual Fund Operating Expenses rr_NetExpensesOverAssets 0.96% [3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 98
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 402
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 728
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,652
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 98
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 402
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 728
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,652
Annual Return 2003 rr_AnnualReturn2003 32.93%
Annual Return 2004 rr_AnnualReturn2004 15.24%
Annual Return 2005 rr_AnnualReturn2005 18.32%
Annual Return 2006 rr_AnnualReturn2006 24.46%
Annual Return 2007 rr_AnnualReturn2007 14.05%
Annual Return 2008 rr_AnnualReturn2008 (46.90%)
Annual Return 2009 rr_AnnualReturn2009 47.34%
Annual Return 2010 rr_AnnualReturn2010 15.32%
Annual Return 2011 rr_AnnualReturn2011 (16.61%)
Annual Return 2012 rr_AnnualReturn2012 19.00%
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are shown only for Investor Shares and are estimated using the highest historical individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 19.00%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (2.19%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 8.70%
SCHRODER INTERNATIONAL ALPH FUND - INVESTOR CLASS | After Taxes on Distributions
 
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 19.14%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (2.17%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 8.63%
SCHRODER INTERNATIONAL ALPH FUND - INVESTOR CLASS | After Taxes on Distributions and Sale of Fund Shares
 
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 12.91%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (1.65%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 7.88%
SCHRODER INTERNATIONAL ALPHA FUND - ADVISOR CLASS
 
Risk/Return: rr_RiskReturnAbstract  
Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
Management Fees rr_ManagementFeesOverAssets 0.80%
Distribution (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.70% [1]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.76%
Fee Waiver or Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.45%) [2]
Net Annual Fund Operating Expenses rr_NetExpensesOverAssets 1.31% [3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 133
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 510
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 912
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,036
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 133
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 510
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 912
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,036
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 18.67%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (2.43%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 8.44%
[1] "Other Expenses" are based on estimated amounts for the current fiscal year.
[2] The Fund's adviser has contractually agreed through February 28, 2014, if necessary, 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 Investor Shares, exceed 0.95% of Investor Shares' average daily net assets and, for the Fund's Advisor Shares, exceed 1.30% of Advisor Shares' average daily net assets. The expense limitation may only be terminated during its term by the Board of Trustees.
[3] "Net Annual Fund Operating Expenses" shown above include expenses incurred indirectly by the Fund (e.g., indirect Other Expenses and/or Acquired Fund Fees and Expenses), and thus may be higher than the Ratio of Expenses to Average Net Assets included in the "Financial Highlights" section of the full prospectus. If only the operating expenses of the Fund were included in Net Annual Fund Operating Expenses, and not the indirect expenses incurred by the Fund, the Net Annual Fund Operating Expenses would be 0.95% for Investor Shares, and 1.30% for Advisor Shares.