The Merchants Trust Plc

Name
The Merchants Trust Plc
Manager
Allianz Global Investors (UK) Ltd
Type
Closed Ended Investment Company
ISIN
GB0005800072
Sector
UK Equity Income
Launched
16/02/1889
OCF
0.59 %
Risk Rating
5
3 Year Sharpe
0.79
3 Year Alpha
2.76
Yield
5.6 %
Benchmark
FTSE AllSh TR GBP
Fund Size
£ 535.84 million
NAV
497
Gearing
120
Discount Premium
-1
To provide an above average level of income and income growth together with long-term capital growth through a policy of investing mainly in higher yielding UK companies. The Company aims to achieve the objective through a strategy of investing in a portfolio of mainly higher yielding large UK companies and by using appropriate gearing to enhance returns. This strategy is designed for those investors who require a single investment in a diversified and professionally managed portfolio.
Holding %
Royal Dutch Shell PLC B 7.67 %
GlaxoSmithKline PLC 7.11 %
Imperial Brands PLC 5.25 %
HSBC Holdings PLC 4.70 %
BAE Systems PLC 4.60 %
British American Tobacco PLC 4.19 %
Standard Life Aberdeen PLC 3.80 %
Legal & General Group PLC 3.70 %
Barclays PLC 3.37 %
CRH PLC 3.21 %
Region %
United Kingdom 96.44 %
Sector %
Financial Services 23.59 %
Industrials 17.86 %
Consumer Defensive 11.50 %
Consumer Cyclical 10.68 %
Basic materials 9.34 %
Energy 9.23 %
Utilities 7.03 %
Healthcare 6.09 %
Name
Allianz Global Investors (UK) Ltd
Address
EC2M 3TY, London, United Kingdom
UCITS
No
Legal Structure
Closed Ended Investment Company

Managers

Simon Gergel
Joined 06/01/2006

Simon Gergel joined Allianz Global Investors in April 2006 from HSBC Halbis Partners where he managed over £900m in high income funds as well as core institutional and life UK equity portfolios. Prior to joining HSBC in 2001, Simon worked for 14 years at Phillips& Drew Fund Management / UBS Asset Management where he was involved in all aspects of UK equity fund management, including research, portfolio management and account director roles. He graduated in 1987 from Cambridge University with an honours degree in mathematics and is an associate of the UK Society of Investment Professionals.

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