Mercantile Investment Trust

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%

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