The only factory ammo I've shot in my No.4Mk1 is Remington 180gr SP and Winchester 180gr FMJ. In my particular rifle they both hit close to point of aim at 100 yards with the rear sight down, using the battle aperture. If I use raise the rear sight I have to set it to 300 yards to hit point of aim at 100 yards. I've also had very good performance using Hornady 150gr and 174gr .312 bullets and IMR 3031, that outshoot any factory ammo I've tried. However, I do not recall the exact sight settings. When reloading I use a Redding neck sizer die, to minimize working the brass.