{"id":2992,"date":"2019-05-05T02:58:43","date_gmt":"2019-05-05T02:58:43","guid":{"rendered":"https:\/\/www.asadkarim.co.uk\/?p=2992"},"modified":"2019-05-01T07:03:11","modified_gmt":"2019-05-01T07:03:11","slug":"mercantile-investment-trust","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=2992","title":{"rendered":"Mercantile Investment Trust"},"content":{"rendered":"\n<p>The Mercantile Investment Trust, is a FTSE-250 London Listed Investment Trust, managed by JP Morgan.<\/p>\n\n\n\n<p><a href=\"https:\/\/am.jpmorgan.com\/gb\/en\/asset-management\/gim\/per\/products\/d\/the-mercantile-investment-trust-plc-ordinary-shares-gb00bf4jdh58#\/portfolio\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"https:\/\/am.jpmorgan.com\/gb\/en\/asset-management\/gim\/per\/products\/d\/the-mercantile-investment-trust-plc-ordinary-shares-gb00bf4jdh58#\/portfolio (opens in a new tab)\">https:\/\/am.jpmorgan.com\/gb\/en\/asset-management\/gim\/per\/products\/d\/the-mercantile-investment-trust-plc-ordinary-shares-gb00bf4jdh58#\/portfolio<\/a> <\/p>\n\n\n\n<p>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 <\/p>\n\n\n\n<p>TOP 10 assets, Sector, % of assets:-<\/p>\n\n\n\n<p>Bellway Consumer Goods 3.2% of the fund <\/p>\n\n\n\n<p>Intermediate Capital Financials 3.0% of the fund <\/p>\n\n\n\n<p>Spirax Sarco Industrials 2.3% of the fund <\/p>\n\n\n\n<p>SSP Consumer Services 2.1% of the fund <\/p>\n\n\n\n<p>Grafton Industrials 2.1% of the fund <\/p>\n\n\n\n<p>AVEVA Technology 2.0% of the fund <\/p>\n\n\n\n<p>Beazley Financials 1.8% of the fund <\/p>\n\n\n\n<p>B&amp;M Consumer Services 1.8% of the fund <\/p>\n\n\n\n<p>Bodycote Industrials 1.8% of the fund <\/p>\n\n\n\n<p>Close Brothers Financials 1.8% of the fund <\/p>\n\n\n\n<p><a href=\"https:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?username=&amp;ac=&amp;csi=10190&amp;record_search=1&amp;search_phrase=mrc \">https:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?username=&amp;ac=&amp;csi=10190&amp;record_search=1&amp;search_phrase=mrc <\/a><\/p>\n\n\n\n<p>A yield of 3% <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Mercantile Investment Trust, is a FTSE-250 London Listed Investment Trust, managed by JP Morgan. https:\/\/am.jpmorgan.com\/gb\/en\/asset-management\/gim\/per\/products\/d\/the-mercantile-investment-trust-plc-ordinary-shares-gb00bf4jdh58#\/portfolio 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2992","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2992"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2992\/revisions"}],"predecessor-version":[{"id":2993,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2992\/revisions\/2993"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}