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SCP

-0.52%
NEUTRAL

Schroder UK Mid Cap Fund PLC Releases Half-Year Results

Why we think this is neutral

This RNS announcement provides a general update on the financial results of Schroder UK Mid Cap Fund PLC, but does not contain any specific news that would warrant a more positive or negative sentiment score. The results show a decline in NAV and share price, but also highlight some positive performance since the start of the second half of the financial year.

Key Points

  • NAV declined by 9.3% and share price by 4.4% in the first half of the financial year
  • Performance has improved significantly since the start of the second half, with a 10.7% NAV total return
  • Board has announced strategic initiatives to enhance shareholder value and improve market perception

Summary

The investment trust reports a decline in NAV and share price for the first half of the financial year, but has seen improved performance more recently.

Schroder UK Mid Cap Fund PLC (SCP) has released its financial results for the half-year period ended 31/03/2025. The trust's NAV declined by 9.3% and its share price by 4.4% over the period, compared with its benchmark, the FTSE 250 ex-Investment Trusts Index, which fell by 7.9%. However, performance has been strong since the start of the second half of the trust's financial year, with SCP delivering a NAV total return of 10.7% from 01/04/2025 to 27/06/2025, outperforming the benchmark. The board has also announced a series of strategic initiatives aimed at enhancing shareholder value and improving market perception.

Key Dates

08/08/2025
Interim dividend payment
GENERAL UPDATE