Murray International Trust PLC
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Investor Warning

Please be aware of scams that can affect investors.

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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 19-Sep-2014

Ord
Price1123.00p
NAV*1011.90p
NAV**1013.81p
Prem/-Disc*10.98%
Prem/-Disc**10.77%
Net Dividend Yield3.83%

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

August 2014

Background

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.

Performance

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.

Activity

Additional investment in Chilean potash producer Quimica Y Minera was the only notable transaction over the month.

Outlook

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