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Schroder US Mid Cap Z

Bestinvest LogoInvests in medium sized US equities with a growth at a reasonable price style

PRICE (INC)

183.3p

PRICE (ACC)

185p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.75%

ONGOING CHARGE

0.92%

YIELD

0.1%

1 YEAR
7.80%

Prices as at 10 Aug 2022.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

This fund is managed in exactly the same way that Jenny Jones runs her US Smaller Companies fund. The only difference is that it invests more in mid sized companies, although there will be some overlap with the US Smaller Companies fund. Jenny Jones has over 25 years' experience investing in US companies. Her style focuses on under researched, quality, growth companies at a reasonable price.

Fund summary

SectorNorth America
StructureUNIT TRUST
LaunchedFebruary 2012
Size£934m
Yield0.1%
Charging BasisIncome
Dividends paid31 Jul

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.75%
Ongoing Charges Figure0.92%

Investment Process

The investment approach for this fund is identical to the existing Schroder US Small Cap fund which is also managed by Jenny Jones and her team with the exception that it invests mainly in mid cap companies, although there will be some overlap between the two. The portfolio structure is built primarily through bottom-up stock selection. The final portfolio is usually a combination of turnaround situations (0-20%), mis-priced growth opportunities (50-60%) and steady earners (20-50%). Invariably these companies will have a strong market position, financial strength (with a particular emphasis on cash-flow) and the ability to grow their earnings at a sustainable rate. The fund manager avoids fashionable, high-flying stocks, devoting more time to researching under followed and misunderstood companies on reasonable valuations. Stock ideas are sourced in-house and from third parties.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning