Mercantile (Ordinary Share) MRC

UK Growth

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Estimated NAV (p)

1695.00

Share Price (p)

1463.73

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Mercantile (Ordinary Share) Price 52.12%
Mercantile (Ordinary Share) NAV 50.59%
FTSE 250 ex Inv Trusts 49.23%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1468.0p -13.4% 1695.00p 1690.00p
22 Jul
112% 2.72%

Discrete performance % over

Fund / BenchmarkAug '11
Jul '12
Aug '12
Jul '13
Aug '13
Jul '14
Mercantile (Ordinary Share) Price-6.6748.889.47
Mercantile (Ordinary Share) NAV-3.3941.3510.28
FTSE 250 ex Inv Trusts-4.4342.899.28

Discrete performance over

Discrete Performance

Top 10 Holdings

Persimmon Plc 3.68%
Serco Group 2.42%
Jardine Lloyd Thompson Group 2.21%
Bovis Homes Group Plc 2.00%
Taylor Wimpey Plc 2.00%
Hays Plc 1.89%
3i Group Plc 1.89%
Inmarsat 1.68%
Cobham Plc 1.68%
Catlin Group Ltd 1.58%

Sectors weighting

Finance - General 27.30%
General Industrials 21.70%
Consumer Services 19.80%
Consumer Goods 11.90%
Oil & Gas 5.00%
Net Current Assets 5.00%
Technology 3.80%
Telecommunications 2.20%
Healthcare 2.00%
Materials 1.30%

Regional weighting

UK 93.00%
Cash/Cash Equiv. 7.00%
  • Investment trust info:

  • Sector UK Growth
  • Launch Date 08 Dec 1884
  • Base Currency GBX
  • Domicile UK
  • Share Price (p) 1463.73
  • Share Type Ordinary Share
  • TIDM MRC
  • ISIN GB0005794036
  • Shares Issued (M) 98
  • Market Capital (£M) 1442.17
  • Gross Assets (£M) 1858.09
  • Net Assets (£M) 1665.12
  • TER (%) 0.51
  • Historic Dividend Yield (%) 2.72
  • Next Dividend Date 18 Sep 2014
  • Next Dividend (p) 8.00
  • Last AGM 21 May 2014
  • Next AGM 21 May 2015
  • Last Annual Report Date 04 Apr 2014
  • Next due Report Date 31 Jul 2014
  • Next due Report Type I/R
  • Objective:

  • To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.
  • Management Group(s):

  • J.P. Morgan Fleming Asset
  • JP Morgan Asset Management (UK) Ltd
  • JPMorgan Asset Management (UK) Ltd
  • Managed by:

  • Anthony Lynch Start: 31 Dec 2009
  • Emel Akan Start: 31 Jan 2008
  • Guy Anderson Start: 01 Aug 2012
  • Jane Lennard Start: 01 Jan 2006
  • Martin Hudson Start: 01 Jan 1993
  • Management Contract & Fees:

    Management agreement with JPMorgan Asset Management terminable on 6 months' notice. The management fee is paid monthly in arrears and is equal to 0.5% per annum of the Company's market capitalisation, excluding funds managed or advised by JPMorgan Asset Management or any of its associate companies. From 1-Feb-10 management fees and financial costs will be charged 70% to Capital and 30% to Revenue.

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