Mercantile Investment Trust Plc (MRC) Ordinary 2.5p Shares
The Mercantile Investment Trust plc is a United Kingdom-based investment trust company. The Company's objective is to achieve long term capital growth from a portfolio of the United Kingdom-based medium and smaller companies. The Company's investment policy includes to emphasize growth from medium and smaller companies; long term dividend growth at least in line with inflation; to use long-term gearing to increase potential returns to shareholders, and to invest approximately 15% of gross assets in the other United Kingdom listed investment companies (including investment trusts). The Company's investment includes sectors, such as consumer services, financials, industrials, consumer goods, technology, oil and gas, healthcare, telecommunications, basic materials and utilities. The Company employs JPMorgan Funds Limited as its Alternative Investment Fund Manager.
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'.