Fact sheet: Schroder UK Mid Cap

Fund information
Fund name
Schroder UK Mid Cap
Fund manager company
Schroder Investment Management
Fund type
Investment Trust
Fund managers
  • Jean Rochesince 26/09/2016
  • Andrew Broughsince 29/04/2003
Accolades
 Winner - UK Growth
Fund objective
The Company's investment objective is to invest in Mid Cap Equities with the aim of providing a total return in excess of the FTSE Mid 250 (ex-Investment Companies) Index.
Benchmark
  • FTSE 250 (ex ITs) Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
9.5%
1 Year rank in sector
13/17
Sector
IT UK All Companies
Yield
2.4%
Fund size
£167m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
134
Mid price
469
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
562.74
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-17.56
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
Crystal Amber63.8%
Manchester & London IT plc37.8%
Artemis Alpha Tst plc29.5%
Fidelity Special Values PLC29.1%
Aberdeen UKTkrTst plc24.2%
...more in IT UK All Companies

Performance snapshot

Holdings snapshot

  • UK102.6%
    Money Market-2.6%
  • Industrials26.8%
    Financials26.4%
    Consumer Services21.6%
    Consumer Goods10.3%
    Basic Materials6.5%
  • UK Equities102.6%
    Money Market-2.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund7.8%12.9%7.7%9.5%-3.2%102.3%
Sector3.6%9.6%10.5%19.6%14.2%69.1%
Rank within sector2 / 174 / 1711 / 1713 / 1714 / 157 / 15
Quartile1st1st3rd4th4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund7.4%-8.2%14%-10.5%73.4%
Sector6.1%3.8%9.1%-1.7%31.3%
Rank within sector5 / 1715 / 175 / 1613 / 152 / 15
Quartile2nd4th2nd4th1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-6.39
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.62
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0.01
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
17.39
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
10.42
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.46
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.74
Price movement
52 week high466
52 week low360.25
Current bid price465.25
Current offer price470
Current mid price469
Region
1UK102.6%
2Money Market-2.6%
Industry sector
1Industrials26.8%
2Financials26.4%
3Consumer Services21.6%
4Consumer Goods10.3%
5Basic Materials6.5%
6Technology3.9%
7Health Care2.8%
8Telecommunications2.4%
9Oil & Gas1.9%
Asset type
1UK Equities102.6%
2Money Market-2.6%
Individual holdings
1HOMESERVE3%
2SSP GROUP PLC3%
3SUPER GROUP LTD2.9%
4DECHRA PHARMACEUTICALS PLC2.8%
5GRAINGER PLC2.8%
6REDROW2.7%
7NORTHGATE PLC2.6%
8RIGHTMOVE PLC2.6%
9KENNEDY WILSON EUROPE REAL EST PLC2.4%
Management
Fund manager group
Schroders
Fund manager company
Schroder Investment Management
Fund type
Investment Trust
Fund objective
The Company's investment objective is to invest in Mid Cap Equities with the aim of providing a total return in excess of the FTSE Mid 250 (ex-Investment Companies) Index.
Benchmark
  • FTSE 250 (ex ITs) Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Jean Roche26/09/2016Jean’s investment career started in 1999 after graduating with a BA in Mathematics and French and an MSc in Financial and Industrial Mathematics. She previously worked on the sell-side for 10 years at Panmure Gordon and Morgan Stanley before becoming a fund manager at Hargreave Hale in 2013. Jean joined Schroders in 2016 and became Co-Fund Manager of Schroder Mid Cap Fund plc in September 2016.
Andrew Brough29/04/2003Andy 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.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Schroder UK Mid Cap
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price559.07
CurrencyGBX
Price updated21/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJKS
Schroder UK Mid Cap NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price559.07
CurrencyGBX
Price updated21/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJY53
Data provided by

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