Bestinvest says
Schroders has a well resourced team of analysts and although they are one of the city's largest investors in the UK mid capitalisation space, this fund was downgraded in 2008 due to the challenges the manager faced from the large size of the portfolio. We prefer Rensburg UK Mid Cap Growth.
The Fund's objective is to achieve long-term capital growth by investing in the medium-sized companies listed on the FTSE 250 (ex IT) Index. The primary influence on the portfolio is bottom up stock selection with individual stock weightings reflecting a combination of investment conviction and assessment of the stock’s likely volatility. Ongoing fundamental research generates an “investment triangle”, allocating investment opportunities into three categories. Generally the fund manager invests in growing companies with a unique product or service for which demand is strong and which have pricing power, while avoiding companies operating in industries where supply exceeds demand.