Schroders is renaming the Schroder US Small and Mid Cap fund to Schroder US Mid Cap fund to better reflect the way that the fund is managed.
The group says that since the launch of the fund in April 2005, manager Jenny Jones has been investing largely in medium-sized companies rather than smaller-sized companies. The £146.33m fund's overall investment objective and policy will be amended but, as the investment approach of the fund is not changing, it can retain its performance track record.
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
