Schroder UK Mid Cap Fund plc (SCP)

Profile

https://www.schroders.com/en/uk/private-investor/fund-centre/prices-and-performance/?p=details&code=GB0006108418&sc=1861

Schroder UK Mid Cap Fund plc is a closed-ended investment company domiciled in the United Kingdom, launched on 18 May 1983. It primarily invests in equities from the FTSE 250 Index, with up to 20% of its portfolio allocated to other equities and collective investments, aiming to deliver total returns exceeding the FTSE 250 ex Investment Trusts benchmark. Managed by Schroders since 2003, the fund has demonstrated strong historical performance, outperforming its benchmark by 500% and growing its dividend 11.2 times to 22.4p by 2025. Key sectors include industrials at 28.87%, financial services at 21.19%, and consumer cyclicals at 17.16%, with top holdings such as Telecom Plus PLC, Cranswick PLC, and QinetiQ Group PLC. Featuring a 3.16% dividend yield paid semi-annually, an ongoing charge of 0.97%, and gross gearing of 6%, it maintains total assets of £269 million and a market capitalization of £233 million. This fund plays a significant role in providing investors access to dynamic UK mid-cap companies, noted for innovation and long-term growth potential.