Murray International Trust PLC
  (BST)
» Investment Trust Centre
» UK Home

Investor Warning

Please be aware of scams that can affect investors.

Read our investor warning

 

NMPI Status

The Company currently conducts its affairs so that securities issued by Murray International Trust PLC can be recommended by financial advisers to ordinary retail investors in accordance with the FCA’s rules in relation to non-mainstream pooled investment products (NMPIs) and intends to continue to do so for the foreseeable future.

The Company’s securities are excluded from the FCA’s restrictions which apply to non-mainstream investment products because the company would qualify as an investment trust if the company were based in the UK.

 

Pre-investment Disclosure Document (PIDD)

The Alternative Investment Fund Manager Directive (“AIFMD”) requires Aberdeen Fund Managers Limited, as the alternative investment fund manager of Murray International Trust PLC, to make available to investors certain information prior to such investors’ investment in the Company.

The AIFMD is intended to offer increased protection to investors in investment products that do not fall under the existing European Union regime for regulation of investment products known as “UCITS”.

Read the PIDD for Murray International Trust

 
 

Morningstar Ratings

Analyst Rating

Gold Rating

Fund Rating

5 Star Rating
 
 

Daily Data

At close 28-Aug-2014

Ord
Price1103.00p
NAV*1019.53p
NAV**1021.88p
Prem/-Disc*8.19%
Prem/-Disc**7.94%
Net Dividend Yield3.90%

Ord B
Price1425.00
NAV*1004.71
NAV**1006.97
Prem/-Disc*41.83%
Prem/-Disc**41.51%
Net Dividend Yield3.02%


* Debt at market value
** Debt at par
Source: Morningstar, NAV = Net Asset Value, excluding income.

 
 
 

Risk Warning

The value of investments and the income from them may go down as well as up and investors may get back less than the amount invested. The tax benefits relating to ISA investments may not be maintained. Please refer to the Key Facts documents contained in the ISA/Share Plan Brochure & Application form for general and specific investment risks attaching to the individual trusts.

Read the detailed Risk Warning
 

Past Performance

Past performance is not a guide to future results.
See latest monthly factsheet below for performance history.

 
 
 
 

Trust Details

Murray International Trust PLC

Registered Office:
7th Floor
40 Princes Street,
Edinburgh,
EH2 2BY

Registered in Scotland as an Investment Company Number SC0006705

 

Murray International Trust PLC

Objective

The objective of Murray International Trust PLC is to achieve a total return greater than its benchmark by investing predominantly in equities worldwide. Within this objective the Manager will seek to increase the Company’s revenues in order to maintain an above average dividend yield.

 
 

Murray International Trust PLC Annual Report for the year ended 31 Dec 13
Bruce Stout, Senior Investment Manager

In this webcast Bruce gives an update on a wide range of subjects including performance, a sector breakdown, the twenty largest investments and an outlook for the Trust.

Click here to listen to the presentation.

 

 

Manager's Monthly Report

July 2014

Background

Deflationary concerns remained at the forefront of global economic policy as central banks reiterated their commitment to keep interest rates at historically low levels. With sluggish economic growth and intense competitive pressures constraining corporate profitability, financial markets remained hostage to mood swings in prevailing sentiment.

Performance

Confidence and optimism earlier in the period succumbed to widespread pessimism and escalating uncertainty by the month end as investors' expectations for earnings and dividend growth became increasingly vulnerable to disappointment. Consequently global equity markets generally declined over the month.

Activity

There were no significant trades over the period.

Outlook

Financial returns from equity markets have proven tough to come by in 2014 year-todate. Multiple expansion, not earnings growth, has remained the primary driver of equity prices, whilst deflationary concerns, not fiscal prudence, has remained the fundamental influence on bond markets. Such behaviour “abnormalities” remain uncomfortable at best, or extremely concerning to those with rational expectations. Against such a backdrop, capital preservation remains the prime objective of current investment strategy.


Source: Monthly Factsheet Aberdeen Asset Managers Limited