Fact sheet: Mrtl IT THE PLC

Fund information

Fund name
The Mercantile Investment Trust (THE) Plc Ord 2.5P
Fund company manager
JP Morgan Asset Management UK
Fund type
ITR
Fund manager(s)
Anthony Lynch
since 07/09/2009
Martin Hudson
since 01/01/1994
Guy Anderson
since 07/08/2012
Fund 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.
Benchmark
FTSE AllShare (ex FTSE 100, ex Inv Companies)
Investment style
Growth
Investment method
-

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

18.02 %

1 Year rank in sector

5/15

Sector

IT UK All Companies

Yield

7.5281

Fund size

£ 1.8 b

FE Risk score

93

NAV

244.6

Discount/Premium

+-9.0352

Gearing

102

Top in sector

Holdings snapshot

  • UK
    93.4%
  • Money Market
    6.6%
  • Industrials
    31.3%
  • Financials
    24.8%
  • Consumer Services
    17.3%
  • Consumer Goods
    10%
  • Money Market
    6.6%
  • UK Equities
    93.4%
  • Money Market
    6.6%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.45 %5.25 %18.02 %42.29 %101.02 %
Sector-0.13 %6.33 %10.93 %28.16 %61.34 %
Rank within sector3 / 159 / 155 / 156 / 154 / 13
Quartile th1 st3 rd2 nd2 nd2 nd

Calendar performance

YTD-20182017201620152014
Fund3.17 %30.22 %-3.67 %30 %-4.19 %
Sector5.43 %17.48 %3.81 %9.09 %-1.69 %
Rank within sector10 / 154 / 1510 / 152 / 148 / 13
Quartile th3 rd2 nd3 rd1 st3 rd

Risk statistics

Alpha1.62
Beta1.28
Sharpe0.56
Volatility15
Tracking error8.42
Information ratio0.4
R-Squared0.73

Price movement

52 week high226
52 week low189.6
Current bid price221.6
Current offer price221.8
Current mid price222.5

Holdings by region

  • 93.4% UK
  • 6.6% Money Market

Holdings by sector

  • 31.3% Industrials
  • 24.8% Financials
  • 17.3% Consumer Services
  • 10% Consumer Goods
  • 6.6% Money Market
  • 5.3% Technology
  • 4.5% Basic Materials
  • 0.2% Telecommunications

Holdings by asset type

  • 93.4% UK Equities
  • 6.6% Money Market

Individual holdings

  • 2.5% BELLWAY
  • 2.5% SPIRAX-SARCO ENGINEERING
  • 2.3% INTERMEDIATE CAPITAL GROUP
  • 2% BEAZLEY PLC
  • 1.9% B & M EUROPEAN VALUE RETAIL SA
  • 1.9% HISCOX LTD
  • 1.8% GVC HLDGS PLC
  • 1.8% WEIR GROUP
  • 1.7% INCHCAPE PLC
  • 1.7% MAN GROUP PLC