Schroder UK Mid Cap Fund plc (SCP) Ordinary 25p

Schroder UK Mid Cap Fund plc is a United Kingdom-based investment company. 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 250 ex Investment Trusts Index. It may predominantly invest in companies from the FTSE 250 Index but may hold up to 20% of its portfolio in equities and collective investment vehicles outside the benchmark index. The Company may also invest in other collective investment vehicles where desirable, for example to provide exposure to specialist areas within the universe. The Company has the ability to use gearing for investment purposes, up to 25% of total assets. It invests in various sectors, such as industrials, financials, consumer services, consumer goods, technology, basic materials, healthcare, and energy. The Company's investment manager is Schroder Investment Management Limited. Schroder Unit Trusts Limited acts as the alternative investment fund manager for the Company.

The Company will predominantly invest in companies from the FTSE 250 Index, but may hold up to 20% of its portfolio in equities and collective investment vehicles outside the benchmark index. The Company may also invest in other collective investment vehicles where desirable, for example to provide exposure to specialist areas within the universe.

• Ongoing charge0.97%
• Annual management charge -
• Performance feeNo

The management fee will be calculated based on the lower of 1 0.60 per cent per annum of market capitalisation and 2 the current management fees, which are i 0.65 per cent per annum on net assets plus short-term borrowings, less cash, up to 250 million and ii 0.60 per cent per annum of any amount in excess of 250 million.