Merchants Trust plc (MRCH) Ordinary 25p
Sell:551.00p
Buy:553.00p
0
Change:
4.00p
(0.73%)
4.00p
(0.73%)
FTSE 250:0.60%
Market closed |
Prices as at close on 25 April 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
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Sell:551.00p
Buy:553.00p
Change:
4.00p
(0.73%)
4.00p
(0.73%)
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
Market closed |
Prices as at close on 25 April 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Ex-dividend
Sell:551.00p
Buy:553.00p
Change:
4.00p
(0.73%)
4.00p
(0.73%)
Market closed |
Prices as at close on 25 April 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Ex-dividend
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
HL comment
Objective
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.
| Security | Weight |
|---|---|
| GSK plc ORD GBP0.3125 | 6.26% |
| Shell plc Ordinary EUR0.07 | 5.21% |
| British American Tobacco plc Ordinary 25p | 4.87% |
| BP Plc Ordinary US$0.25 | 3.72% |
| Barclays plc Ordinary 25p | 3.70% |
| Rio Tinto plc Ordinary 10p | 3.56% |
| IG Group Holdings Plc Ord 0.005p | 3.51% |
| Inchcape plc Ordinary 10p | 3.45% |
| DCC plc Ordinary EUR0.25 | 3.44% |
| SSE plc Ord 50p | 3.32% |
| Sector | Weight |
|---|---|
| Financial Services | 25.09% |
| Consumer Defensive | 16.03% |
| Energy | 15.89% |
| Consumer Cyclical | 13.85% |
| Industrials | 12.43% |
| Utilities | 9.00% |
| Healthcare | 7.92% |
| Basic Materials | 6.11% |
| Real Estate | 4.51% |
| Communication Services | 3.12% |
| Country | Weight |
|---|---|
| United Kingdom | 107.74% |
| Spain | 1.50% |
| Ireland | 1.25% |
| France | 1.22% |
| Cyprus | 0.93% |
| United States | 0.81% |
| Singapore | 0.51% |
Fee Structure
Management fee of 0.35% p.a. of the value of the assets, calculated quarterly, after deduction of current liabilities, short term loans under one year and any funds within the portfolio managed by AllianzGI. Contract terminable on notice period of one year.
Dividend Policy
The Board plans to continue with its progressive dividend policy, and is willing to consider utilising reserves, built up over many years, to cover any shortfall from earnings. Investors receive the dividend on a quarterly basis and are paid on February/March, May, August, November.
ASSET SPLIT
Trust Manager
Simon Gergel
Manager Bio
Simon Gergel is Chief Investment Officer, UK Equities and is head of the Value & Income Investment Style Team. He manages The Merchants Trust plc, co-manages the Allianz UK Listed Equity Income Fund and is the deputy manager of the Allianz UK Listed Opportunities Fund. He joined Allianz Global Investors April 2006 from HSBC Halbis Partners, where he was Head of Institutional UK Equities. At HSBC Simon was the portfolio manager of the HSBC Income Funds, with assets under management of £950 million. He also managed a number of segregated institutional accounts. Prior to HSBC, Simon was an Executive Director at Phillips & Drew Fund Management Ltd (a subsidiary of UBS), where he spent 14 years as a portfolio manager with responsibility for £1 billion of segregated pension fund assets and also with direct responsibility for £500 million of UK equity assets. Simon graduated from Cambridge University in 1987 with an MA (Hons) Cantab in Mathematics. He is an Associate of the CFA Society of the UK.
Board Of Directors
Colin ClarkChairman, Karen McKellar, Nicholas Drakesmith, Lisa Edgar, Mal Patel
Data policy - All information should be used for indicative purposes only. You should
independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete,
and accepts no responsibility for how it may be used.
Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.
Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.