Mercantile is a large and liquid UK mid-cap focused investment trust, with net assets of just under £2bn. It buys companies with strong earnings outlooks and operating in favourable industry or economic environments, with a strong bias to growth rather than value. It has a track record of outperforming strongly in rising markets, although has suffered when markets reverse. After the Brexit referendum, the trust has been steadily tilting away from companies exposed to the UK consumer and towards ....
27 Jun 2018
Mercantile Investment Trust - Overview
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Mercantile Investment Trust - Overview
Mercantile Investment Trust PLC (MRC:LON) | 216 -4.3 (-0.9%) | Mkt Cap: 1,678m
- Published:
27 Jun 2018 -
Author:
William Heathcoat Amory -
Pages:
5
Mercantile is a large and liquid UK mid-cap focused investment trust, with net assets of just under £2bn. It buys companies with strong earnings outlooks and operating in favourable industry or economic environments, with a strong bias to growth rather than value. It has a track record of outperforming strongly in rising markets, although has suffered when markets reverse. After the Brexit referendum, the trust has been steadily tilting away from companies exposed to the UK consumer and towards ....