Investment Trust

Merchants Trust Ord

A strong track record of dividend growth supported by revenue reserves.
Last Updated 16 December 2025
Assets Under Management
Premium Discount
/
1 Year Return (Share/NAV)
/
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
4.64%
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 10.11% 5.78% 7.06% 19.83% 10.42% 9.34%
Share Price Total Return 8.50% 4.24% 5.51% 19.48% 12.72% 9.38% 8.84%
As at last close. NAV Total Return with debt at par.

Portfolio

Type

Other 100.00%

Sectors

Financial Services 21.23%
Energy 14.81%
Consumer Cyclical 13.82%
Industrials 11.97%
Consumer Defensive 11.86%
Basic Materials 8.39%
Healthcare 7.46%
Utilities 3.91%
Real Estate 3.79%
Other 2.76%

Countries

United Kingdom 88.42%
France 3.91%
Ireland 2.49%
Other Countries 2.12%
United States 1.65%
Spain 1.32%
Netherlands 0.08%

Top Holdings

Name Type Weight
Avg Cost Of Cash 912001qubsek Cash 0.00%
As at 30 Apr 2026

Tags

Explore subjects related to this fund
Investments to generate income Cheap, undervalued opportunities Investments to generate income

About the Author

Thomas McMahon
[email protected]
Thomas is Head of Investment Companies Research and joined Kepler in April 2018. Previously he was senior analyst at FE Invest, where he was responsible for fund selection for a range of model portfolios. He covered all asset classes over time, but has particular experience with emerging markets and fixed income as well as UK smaller companies funds. He has a degree in Philosophy from Warwick University and is a CFA charterholder.

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.

Kepler Partners is not authorised to make recommendations to retail clients. This report has been issued by Kepler Partners LLP, is based on factual information only, is solely for information purposes only and any views contained in it must not be construed as investment or tax advice or a recommendation to buy, sell or take any action in relation to any investment.

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