Please be aware of scams that can affect investors.
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.
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”.
At close 19-Sep-2014Ord
|Net Dividend Yield||3.83%|
|Net Dividend Yield||3.02%|
* Debt at market value
** Debt at par
Source: Morningstar, NAV = Net Asset Value, excluding income.
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 is not a guide to future results.
See latest monthly factsheet below for performance history.
40 Princes Street,
Registered in Scotland as an Investment Company Number SC0006705
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.
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.
The latest batch of below trend inflation data in the UK and Europe highlighted the intensification of deflationary pressures as both regions struggled with the consequences of anaemic domestic demand. With nearly six years having elapsed since the global financial crisis, the prospects for numerous economies in the debt-ridden developed world remain as opaque as ever.
Global bond markets relished prevailing economic conditions of low growth and declining inflation. Performance was positive across most fixed income markets, and as yields fell, global equity markets also enjoyed an injection of positive sentiment. Sterling’s recent decline against numerous international currencies also proved positive for overall portfolio capital appreciation.
Additional investment in Chilean potash producer Quimica Y Minera was the only notable transaction over the month.
The relentless appreciation of equity markets continues to be based on hope and expectation rather than fundamental improvements in corporate profits or underlying dividend growth. Against such a backdrop, great care must be taken to avoid potentially destructive over-valuations, hence the continued primary focus of portfolio management remains on capital preservation.
Source: Monthly Factsheet Aberdeen Asset Managers Limited