The Mercantile Investment Trust, is a FTSE-250 London Listed Investment Trust, managed by JP Morgan.
It aims to achieve capital growth through investing in a diversified portfolio of UK medium and smaller companies. It pays quarterly dividends and aims to grow its dividend at least in line with inflation. The Company can hold up to 10% cash or utilise gearing of up to 20% of net assets where appropriate
TOP 10 assets, Sector, % of assets:-
Bellway Consumer Goods 3.2% of the fund
Intermediate Capital Financials 3.0% of the fund
Spirax Sarco Industrials 2.3% of the fund
SSP Consumer Services 2.1% of the fund
Grafton Industrials 2.1% of the fund
AVEVA Technology 2.0% of the fund
Beazley Financials 1.8% of the fund
B&M Consumer Services 1.8% of the fund
Bodycote Industrials 1.8% of the fund
Close Brothers Financials 1.8% of the fund
A yield of 3%