Rockwood Strategic Plc is an independent investment trust quoted on the London Stock Exchange, specializing in a concentrated portfolio of small-cap UK public companies. Its primary objective is to invest in undervalued securities that the investment manager believes can generate a 15% internal rate of return over the medium to long term, principally through capital appreciation, with typical holding periods of three to five years. The strategy targets businesses offering opportunities for value creation via strategic, management, or operational improvements, leading to enhanced returns, profits, and growth. Managed by Richard Staveley at Harwood Private Capital LLP, the trust focuses on unlocking hidden potential in UK small-caps, a niche often overlooked by broader market participants. Incorporated in 1999 as a public limited company engaged in venture and development capital activities, it reports net asset value weekly and maintains an ongoing charge of approximately 1.58-1.83%. Rockwood Strategic Plc plays a key role in providing investors access to high-conviction, value-oriented opportunities within the FTSE Small Cap index, emphasizing long-term superior returns through active management.