Mercantile Investment Trust Plc (MRC) Ordinary 2.5p Shares

The Mercantile Investment Trust PLC is a United Kingdom-based investment trust. The Company's objective is to achieve long term capital growth from a portfolio of UK medium and smaller sized companies. The Company's investment policy includes to emphasize capital growth from medium and smaller sized companies, to achieve long term dividend growth at least in line with inflation and to use long term gearing to increase potential returns to shareholders. The Company's investment includes sectors, such as industrials, financials, technology, telecommunications, health care, basic materials, consumer discretionary, consumer staples, energy, real estate, and utilities. The Company's alternative investment fund manager is JPMorgan Funds Limited.

To achieve long-term capital growth from a portfolio of UK medium and smaller companies by invests in medium and smaller companies which are listed mainly on the London Stock Exchange and to provide long-term dividend growth at least in line with inflation.

• Ongoing charge0.48%
• Annual management charge0.45% of Net Assets
• Performance feeNo

The management fee is 0.45% p.a. of the market capitalisation of Company. The contract terminable on six months notice, without penalty.