Schroder UK Mid 250 L Inc

Quick Stats

Bid Price GBX 60.46 Offer Price GBX 61.09
Mid Price - Day Change GBX +0.73 (1.22%)
Price Date 23 Mar 2017 Crown Rating 1
Shares Class Inc. Yield 1.48 %
Total Expense Ratio 0.00 Fund Size 1,184,540,100.00
Launch Date 25/10/1999 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.68 Sector IMA UK Equity Income
Min Investment (£) 0.00 Total Expense Ratio (%) 0.00
ISIN GB00BDD2JT59 Min TopUp (£) 0.00

Fund Objective

The fund aims to provide capital growth. At least 80% of the fund will be invested in shares of UK companies. The fund has no bias to any particular industry. The fund invests in medium-sized companies, listed in the FTSE 250 Index, that can potentially offer faster rates of profit and dividend growth and higher long-term returns than their larger counterparts. The fund's focus is on those with pricing power - the ability to raise prices (and subsequently grow profits) because demand is exceeding supply. Furthermore, we look for well-financed companies, with strong business models, experienced management teams and attractive prospects on a three-year view. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.

Fund Managers

Andrew Brough
Andy is Co-Head of our Pan European Small and Mid Cap Team. His investment career commenced in 1987 when he joined Schroders as a UK equity fund manager, becoming Co-Head of our UK Small Cap Team in 2002. He joined Price Waterhouse in 1985, where he qualified as a Chartered Accountant. He holds a Degree in Economics.