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Monks Investment Trust plc (MNKS) Ordinary 5p

Sell:1,158.00p Buy:1,162.00p 0 Change: 8.00p (0.68%)
FTSE 250:0.38%
Market closed Prices as at close on 24 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:1,158.00p
Buy:1,162.00p
Change: 8.00p (0.68%)
Market closed Prices as at close on 24 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:1,158.00p
Buy:1,162.00p
Change: 8.00p (0.68%)
Market closed Prices as at close on 24 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
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.

Objective

The objective of the company is to invest globally to achieve capital growth. This takes priority over income and dividends. The company seeks to meet it objective by investing principally in a portfolio of global quoted equities.
Security Weight
Microsoft Corp 3.70%
Meta Platforms Inc Class A 3.67%
Amazon.com Inc 3.36%
Elevance Health Inc 3.35%
Martin Marietta Materials Inc 3.26%
Moody's Corporation 2.64%
CRH plc Ordinary EUR0.32 2.63%
Schiehallion Fund Limited ORD NPV 2.42%
Taiwan Semiconductor Manufacturing Co Ltd 2.33%
Reliance Industries Ltd GDR - 144A 2.31%
Sector Weight
Technology 19.44%
Consumer Cyclical 14.04%
Communication Services 12.49%
Healthcare 12.12%
Financial Services 10.98%
Industrials 10.93%
Basic Materials 8.40%
Energy 2.49%
Consumer Defensive 1.68%
Real Estate 1.43%
Country Weight
United States 60.66%
Japan 4.32%
India 3.66%
Netherlands 3.47%
Ireland 2.39%
Taiwan 2.33%
France 1.99%
China 1.97%
Sweden 1.74%
Brazil 1.70%

Fee Structure

Management fee 0.45% on the first GBP 750m of TA, 0.33% on the next GBP 1bn of TA and 0.30% on the remaining TA. Contract terminable on notice of 6 months.

Dividend Policy

The company invests with the aim of maximising capital growth rather than income. All costs are therefore charged to the Revenue Account. The Board's policy is to pay the minimum dividend required to maintain investment trust status. Retained earnings are reinvested in the portfolio. In order to build in headroom for further buybacks that may reduce the shares in issue qualifying for dividends.

ASSET SPLIT

Total number of holdings: 114.

Trust Manager

Spencer Adair

Manager Bio

Spencer joined Baillie Gifford in 2000 and is an Investment Manager in the Global Alpha Team. He became a Partner in 2013 and has also spent time working in the Fixed Income, Japanese, European and UK Equity Teams. Spencer graduated BSc in Medicine from the University of St Andrews in 1997, followed by two years of clinical training in Edinburgh.

Board Of Directors

Karl SternbergChairman, Jeremy Tigue, Randeep Grewal, Belinda Richards, Nigel Shadbolt, Claire Boyle, Dina Chaya, Stacey Parrinder-Johnson

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.

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'.