Schroder BSC Social - Investor Update
31/07/2023 07:00
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230731:nRSe6258Ha&default-theme=true RNS Number : 6258H Schroder BSC Social Impact Trust 31 July 2023 Schroder BSC Social Impact Trust plc Investor Update - July 2023 The Board of Schroder BSC Social Impact Trust plc (the "Company"), which provides a unique investment opportunity to address UK social challenges, is pleased to announce the publication of its latest Investor Update. Recent highlights: § The Company published its second Annual Impact Report (https://publications.schroders.com/view/257162579/) , showing how its investments deliver solutions for vulnerable and disadvantaged people in the UK: since launch, the Company's investments have reached 276,000 people, 94% of whom from disadvantaged, vulnerable or underserved background; generated £98m in social outcomes and savings; and funded 27,000 affordable, decent homes. § On 22 June 2023, the Company published its quarterly NAV to 31 March 2023 (https://otp.tools.investis.com/clients/uk/schroder_bsc_social_impact_trust_plc/rns/regulatory-story.aspx?cid=2682&newsid=1696880) , the first of a series of quarterly NAV announcements the Company plans to make, introduced to provide more timely and transparent information for shareholders. o 0.4% NAV total return per share YTD for 9 months to 31 March 2023 / (1.3)% NAV total return in the quarter o 3.6% annualised NAV total return per share, since inception until 31 March 2023 § Portfolio 98% committed and 86% drawn. £2.5m capital available to invest; active pipeline of new and follow-on High Impact Investments. § Capital awaiting deployment and uncommitted capital, held in Liquidity Assets and Money Market Funds, enhanced returns for the quarter. The latest Investor Update can be found on the Company's website using the following link: https://mybrand.schroders.com/m/158b6cad43f192bf/original/SBSI-Investor-Update-July-2023.pdf (https://mybrand.schroders.com/m/158b6cad43f192bf/original/SBSI-Investor-Update-July-2023.pdf) For further information, please contact: Schroders Augustine Chipungu (Press) 0207 658 2016 Kerry Higgins 0207 658 6189 (Schroder Investment Management Limited, Company Secretary) Big Society Capital Emma Hickinbotham, Ehickinbotham@bigsocietycapital.com Managing Director, Communications Winterflood Securities Limited 020 3100 0000 Neil Langford About Schroder BSC Social Impact Trust plc The Company was launched in December 2020, to enable access to high social impact investment opportunities in private markets - tackling social challenges across the UK. The Company manages a diversified portfolio across asset classes, targeting sustainable returns, demonstrable social impact, and low correlation to traditional public markets. Further information about the Company can be found on its website at www.schroders.com/SBSI (https://protect-eu.mimecast.com/s/KiDaC3QwvHLPPRfqceyJ?domain=schroders.com) About Big Society Capital Big Society Capital is the UK's leading social impact investor. Our mission is to grow the amount of money invested in tackling social issues and inequalities in the UK. We do this by investing our own capital and helping others invest for impact too. Since 2012, we have helped build a market that has directed more than £8 billion into social purpose organisations tackling issues from homelessness and mental health, to childhood obesity and fuel poverty, a ten-fold increase in ten years. Further information about Big Society Capital can be found at www.bigsocietycapital.com (https://bigsocietycapital.com/) About Schroders plc Schroders plc The history of Schroders began in 1804 when JH Schroder became a partner in J.F. Schröder & Co, a London-based firm founded by his brother JF Schroder. It has evolved since then into the company today known as Schroders plc. Throughout that time, the Schroder family have maintained a significant interest in the business, which the Company believes has been a significant benefit to it. Today, the interests of some members of the Schroder family (being certain descendants of the late Helmut Schroder and, in some cases, their spouse or former spouse) are spread across a number of parties, who are collectively known as the Principal Shareholder Group. The Principal Shareholder Group is comprised of a number of private trustee companies (and investment companies controlled by those trustee companies), a number of Schroder family individuals, and a Schroder family charity which, directly or indirectly, are Shareholders in the Company. The current aggregate Principal Shareholder Group holding the Schroders plc shares is 44.11%. Schroders is global investment manager offering a distinctive set of advice and investment capabilities. Their business is organised across two segments - asset and wealth management - with four distinct business offerings. In Asset Management their Schroders Investment Management business offers active management across a full range of asset classes through mutual funds and institutional mandates. This is now supplemented by a complete private assets business, Schroders Capital, whilst Schroders Solutions brings their public and private asset management capabilities together to offer complete investment solutions to institutional clients. Schroders Wealth Management offers advice across the wealth spectrum through their various brands. Issued by Schroder Investment Management Limited. Registration No 1893220 England. Authorised and regulated by the Financial Conduct Authority. For regular updates by e-mail please register online at www.schroders.com (https://protect-eu.mimecast.com/s/F-b8CYW5xIX28XhGHCU6?domain=schroders.com/) for our alerting service. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. 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