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The Mercantile Investment Trust Plc

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The Mercantile Investment Trust Plc
  • This fund only has one share class
Select Performance Currency
Pound Sterling
  • What is the Fund’s objective?

    The Trust aims to achieve capital growth through investing in a diversified portfolio of UK medium and smaller companies. It pays quarterly dividends and aims to grow its dividend at least in line with inflation. The Company can hold up to 10% cash or utilise gearing of up to 20% of net assets where appropriate.

    How does FE rate this fund?

    • No FE Alpha managers
    • 4
    • Not included in the AFI

    Who manages this fund?

    Martin Hudson Since 01-Jan-1994

    Martin Hudson is a portfolio manager within the J.P. Morgan Asset Management European Equity Group, responsible for The...


    Anthony Lynch Since 07-Sep-2009

    Anthony Lynch is a portfolio manager within the J.P. Morgan Asset Management European Equity Group and co-manages The...


    Guy Anderson Since 07-Aug-2012

    Guy Anderson is a portfolio manager within the J.P. Morgan Asset Management European Equity Group and co-manages The...


    Literature & Downloads

    • No related documents are available.

  • How has this fund performed?

    Cumulative Performance chart

    Cumulative Performance as at 20/10/2017
        3m 6m 1yr 3yrs 5yrs
    The Mercantile Investment Trust Plc +6.0 +11.1 +28.3 +63.9 +123.1
    UK All Companies +3.4 +4.8 +19.2 +36.2 +76.3
    NAV +5.5 +11.0 +27.3 +59.6 +107.1

    Discrete Performance chart

  • What is JP Morgan Asset Management UK saying?

  • Forensic News Alerts

  • Ratios and Analysis

    How does this fund compare against other funds in UK All Companies?

    Quartile Ranking

        1y 3y
    ? Position 5 / 15 3 / 14
    ? Quartile 2 1

    Ranking is for the main unit within the sector View other funds in this sector

    Other Rating

    Morningstar Analyst

    Ratio Info

        1y 3y
    ? Volatility 9.00 15.17
    ? Alpha 4.83 3.68
    ? Beta 1.15 1.41
    ? Sharpe 2.28 0.79
    ? Info Ratio 1.59 0.76
    ? R2 0.77 0.75
    ? Quartiles:1 2 3 4

    Risk Score

    FE Risk scores allow you to see how risky a fund is in comparison with the FTSE 100.

    This fund: 93
    FTSE 100: 100
    Cash: 0

    Investment Details

    Initial n/a
    Annual 0.48%
    ? OCF 0.50%
    ? Performance Fee N/A
    Minimum Investment?
    Initial n/a
    Additional n/a
  • Prices and Codes


                Diluted NAV   Div yield
      Currency Bid Offer Date Prem/Disc Estimated Last Published Gearing Net Gross
    The Mercantile Investment Trust Plc GBX 2080.00 20 Oct 2017 -10.02 2311.50 2311.50 103 2.24 2.24


      Unit type Exchange TIDM Citicode SEDOL ISIN
    The Mercantile Investment Trust Plc INC MRC FF03 0579403 GB0005794036
  • What does this fund invest in?

    Asset Class Breakdown (31 Aug 2017)

    Rank Asset %    
    1 UK Equities 93.10
    2 Money Market 6.90

    Top Holdings (31 Aug 2017)

    Rank Largest Holdings %  
    1 DS Smith 0.03
    2 Bellway 0.02
    3 Inchcape 0.02
    4 Halma 0.02
    5 Just Eat 0.02
    6 SpiraxSarco Engineering 0.02
    7 Bodycote International 0.02
    8 Intermediate Capital 0.02
    9 The Berkeley Group 0.02
    10 Auto Trader 0.02
  • Additional Information

    Additional Information

    Legal Structure: INVT
    Nominal value: N/A
    Fund Launch: 30-Dec-1964
    Unit Launch: 08-Dec-1884
    Savings plan: Minimum: £ 50.0 Monthly
    Last AGM: 24-May-2017
    Stockbroker(s): Cazenove
    Wind-up date: N/A
    Dividend policy: N/A
    Settlement Details: N/A
    Issued: 83,023
    Asset Class: Equity
    Annual accounts: annual accounts Click here to order
    Next AGM: May 2018
    Management Contract: Management agreement with JPMorgan Asset Management ter... More
    Continuation/Wind-up provision: The trust has no fixed duration. The Company have the a... More
    Investment Restrictions: N/A
    Tax Policy: N/A
    Fund Size: £1,726.9m / $2,278.1m (20-Oct-17)
    Market Value: £ 1726.88m
    Own ISA wrapper: YES help with ISA
    Last report / accounts: 29-Sep-2017
    EGM: N/A
    Borrowing limits: Borrowings must not exceed the Company's capital and re... More
    Splits: N/A
    Reconstruction proposal: N/A
    News: company announcements
  • News and Research about this fund

    Relevant articles

    Relevant Guides

  • Contact Details

    60 Victoria Embankment, London, EC4Y 0JP

    +44-1268444470 (Main Number)

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated using closing mid prices and with net income (dividends) reinvested. fair value cum income NAV figures (in accordance with AIC guidelines) and with net income (dividends) reinvested. Performance figures are shown in Pound Sterling (GBP). You can switch the fund’s native currency using the currency selector towards the top of this page.

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Data provided by FE. Care has been taken to ensure that the information is correct, but FE neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

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