The Schroder Income Growth Fund plc is an investment trust that aims to achieve income growth that exceeds inflation and capital growth as a result of that rising income.
It primarily invests in the United Kingdom with up to 20% of the portfolio being invested in equities on a stock exchange based outside of the UK such as on BATS Chi-X Europe.
Current investments are spread across telecommunications, healthcare, utilities, consumer staples and more.
The fund is currently managed by Sue Noffke, the Head of UK Equities at Schroders
History
Founded in 1995, the Schroder Income Growth Fund has been relatively successful in its aims, providing investors with an unbroken 27-year record of annual distribution increases. Since its creation, it has been on the London Stock Exchange with the ticker SCF.