Investment Trust

Merchants Trust

MRCH offers a differentiated way to invest in UK dividend-paying companies.
Last Updated 16 October 2026
Assets Under Management
Premium Discount
/
1 Year Return (Share/NAV)
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5 Year Annualised Return (Share/NAV)
Our Analyst's View Live Portfolio Data

Key Information

ISIN
GB0005800072
Inception Date
16 February 1889
Annual Reporting Charge
0.54%
Ongoing Cost
0.52%
Management Fee
0.35%
12 Month Yield
4.35%
Source: Morningstar
Past performance is not a reliable indicator of future results

Performance

Cumulative Performance (%)

YTD 1Mo 3Mo 1Yr 3Yr Ann. 5Yr Ann. SI
NAV Total Return 17.44% 0.86% 1.46% 22.58% 17.07% 9.42%
Share Price Total Return 17.82% 3.59% 1.45% 21.01% 19.44% 9.79% 8.96%
As at last close. NAV Total Return with debt at par.

Portfolio

Type

Other 100.00%

Sectors

Financial Services 19.52%
Consumer Cyclical 15.33%
Industrials 14.07%
Energy 10.00%
Basic Materials 9.34%
Healthcare 8.72%
Consumer Defensive 7.61%
Real Estate 7.27%
Communication Services 3.94%
Other 4.19%

Countries

United Kingdom 84.88%
France 3.24%
Ireland 3.04%
Germany 2.07%
Spain 1.82%
Netherlands 1.75%
Denmark 1.65%
United States 1.55%

Top Holdings

Name Type Weight
Avg Cost Of Cash 912001qubsek Cash 0.00%
As at 31 Aug 2026

Tags

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Investments to generate income Investments to generate income

About the Author

Josef Licsauer
[email protected]
Josef is an Investment Trust Research Analyst and joined Kepler in September 2023. Prior to this, he was an Investment Analyst at Hargreaves Lansdown, where he was responsible for fund research across a number of sectors including Japan, Europe and Alternatives. He obtained a first-class degree in Business and Management from the University of the West of England. He also holds the Investment Management certificate.
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Disclaimer

Disclaimer

Past performance is not a reliable indicator of future results. The value of investments can fall as well as rise and you may get back less than you invested when you decide to sell your investments. It is strongly recommended that as a private investor independent financial advice should be taken before making any investment or financial decision.

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