Schroders is soft-closing its £766.1 million U.S. Mid Cap fund on April 1, 2011, Financial Times reports. The fund, which has been managed by Jenny Jones, has seen assets under management rise to £2.76 billion. Investors will be allowed to buy into the fund after the soft-closure, though all discounts will cease to apply, meaning the full initial charges for the fund will be payable. In December, the group stopped actively marketing the U.S. Mid Cap fund.

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