Mercantile Ord (LSE:MRC) - Overview

Investment Trust Report

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Mercantile Investment Trust MRC

Closing Price
GBX1,651.00

1 Day Change
-5.98|-0.36%

As of 02/12/2016

Last Close1,651.00
52-Wk Range-
Tot Assets Mil1,902.29
Mkt Cap Mil1,459.68
Yield %2.60
Estimated Nav1,842.24
Discount % %-10.38
12M Avg Disc %-10.47
Last Actual NAV1,849.17
Last NAV Date30/11/2016

Share Price Performance (GBP)

Key Statistics (GBP)
Total Assets1,902.287m
Net Assets1,629.221m
Market Capitalisation1,459.682m
Gross Gearing112%
Net Gearing100%
Average Daily Shares Traded (1 Yr)0.000m
Average Daily Value Traded (1 Yr)-
Ongoing Charge (2016)0.50%
DomicileUK
Legal StructureClosed End Fund
Traded CurrencyGBP
ISINGB0005794036
Launch Date8 Dec 1884
Financial Year EndJan 2017
Next AGMMay 2017
NAV FrequencyDaily
Dividend FrequencyQuarterly
Valuation Statistics
 02/12/20161 Yr High1 Yr Low
Price1,651.001,838.001,375.00
NAV*1,842.241,994.461,579.33
Discount/Premium-10.38-6.98-16.06
Category Discount---
Z-Statistics (1Yr)0.09  

Total Returns (GBP) 02/12/2016

 Chg (%)  
More ...
Price0.37 
NAV0.16
Cat Price1.30
Cat NAV-0.35
 
Latest Dividends
TypeDividendEx-Dividend DateFinancial Year
Income10.250015/12/20162017
Income10.250006/10/20162017
Income10.250023/06/20162017
Income13.000007/04/20162016
Income10.000017/12/20152016
Director Dealings
TradedActionNotifierPriceAmountValue
01/11/2016in Lieu of DividendMr. Jeremy Tigue1,640.00791,296.00
01/08/2016in Lieu of DividendMr. Jeremy Tigue1,638.00691,130.00
08/07/2016PurchaseHarry Morley1,459.001,00014,590.00
07/07/2016PurchaseMr. Jeremy Tigue1,434.006929,923.00

Morningstar Analyst Rating™

Neutral

Morningstar Rating™

3 Stars

Morningstar® Category

UK Mid-Cap Equity

Benchmarks

Fund Benchmark

FTSE All Share Ex 100 ex IT

Morningstar® Benchmark

FTSE 250 Ex Investment Trust TR GBP
Fund Structure
Share Type# of Shares
Ordinary Share88.412m

Investment Objective

To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.
Managers
Martin Hudson01/01/1994
Anthony Lynch31/12/2009
Guy Anderson01/08/2012
Timothy Lewis30/12/2014

Directors

Helen James, Angus Gordon Lennox, Hamish Leslie Melville, Harry Morley, Dr Sandy Nairn, Ian Russell, Jeremy Tigue
Fund prices are updated every weekday after the close of trading and before 11 p.m. wherever possible. All figures are as at Last Close, on a cum income basis with debt valued at fair and in traded currency unless otherwise stated (we do not fair value debt for split capital trusts). Performance returns are presented in British Pounds (GBP) and calculated on a capital only basis with debt valued at par.
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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