Schroder UK Mid Cap Fund plc - SCP
Backing tomorrow’s UK market leaders todayWhy invest in SCP?
UK mid-caps are positioned in a sweet spot for innovation, disruption and growth. This is one of the key reasons why the UK Mid Cap index has beaten many other developed market indices over the long term [1]. The index has also produced a higher proportion of “30 baggers” than the US stock market over the last thirty years [2] and SCP has the opportunity to invest in the best of this diverse and dynamic investment universe.
UK mid caps offer extraordinary value
SCP provides access to an undervalued part of the UK stock market – one of the most attractively valued equity markets in the world. Valuations among UK mid-caps look unusually low relative to UK large-caps as well as mid-caps from elsewhere in the world, which may bode well for future performance.
An incomparable performance history
Since Schroders became Manager, SCP has been the best performing fund in the Association of Investment Companies UK All Companies sector [3]. Meanwhile, its dividend has grown by a factor of 10x in 20 years under Schroders management, from 2p in 2004 to 20.5p in 2024.
Rely on decades of expertise and a proven approach
With more than sixty years of combined investing experience, the team looks to select a portfolio of 40-50 of the most attractively valued companies with either ‘unique’ or ‘flex’ (at a strategic crossroads) characteristics, resulting in a high quality portfolio capable of delivering dependable long-term growth in a fast-changing world.
Annual Results 2024
On Wednesday 15 January, Portfolio Manager Jean Roche presented the Trust's Annual Results for the year ended 30 September 2024
Download key material
Browse the latest factsheet, explore the latest Report and more for the Schroder UK Mid Cap Fund plc
Portfolio & Performance Hub
In the media
Listen to our Mid 250 Podcast
The FTSE 250 index is home to an impressive list of “multi-bagger” businesses. These are stocks which have provided investors with returns at a multiple of their starting value over a period of time.
In this podcast series, Manager Jean Roche and James Goodman interview the leaders at the helm of some of these companies, intent on learning more about the drivers to their financial success.
Available on all major podcasting platforms or browse our episode library below.
Disclaimer: Reference to stocks are for illustrative purposes only and does not constitute a recommendation to buy or sell. Companies that are referenced in the podcast may or may not be held within the Schroder UK Mid Cap Fund plc portfolio. Past performance is not a guide to future performance and may not be repeated.
Documents
For archived documents, please visit our investor relations page
Invest in the Schroder UK Mid Cap Fund plc (SCP)
It is easy to make regular, tax-efficient investments into investment trust shares with a UK online stockbroker. We recommend you seek financial advice from an independent adviser before making an investment decision.
Sources
[1] Source: Schroders, Bloomberg, rebased to 100 on 31 December 1993, data to 30 December 2023 with returns in local currencies. ‘Other developed markets’ are S&P 500, Eurostoxx and FTSE 100.
[2] Source: Refinitiv, Schroders, based on stocks which appreciated in value 30x or more (based on total returns) in the 30 years to 31 December 2023 and had a minimum market capitalisation of £150 million.
[3] Source: Ranking in Association of Investment Companies (AIC) Sector, UK All Companies, as at 31 March 2024, sourced from Morningstar, covering period from close 1 May 2003 to 31 March 2024 (NAV ex income TR) – only 5 investment trusts currently in the sector have a track record for this period. 1 May 2003 is the data in which Schroders assumed management for the trust.