Momentum Multi-Asset - Debt Facility

Momentum Multi-Asset Value Trust

31/10/2022 15:03

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RNS Number : 7844E  Momentum Multi-Asset Value Trust  31 October 2022

 

To:                          RNS

From:                    Momentum Multi-Asset Value Trust
plc

LEI:                         213800OQTUSRFDIL9L29

Date:                     31 October 2022

 

 

Debt Facility

Momentum Multi-Asset Value Trust plc, which seeks to apply a value lens to
identify the most compelling investment opportunities across a highly
diversified range of asset classes, has renewed its £10 million revolving
credit facility with The Royal Bank of Scotland International Limited, London
Branch for a further two years.

The facility bears interest at 1.35% over SONIA and may be used for the
acquisition of investments in accordance with the Company's investment policy
and for the funding of share buy backs and dividend payments.

Enquiries:

 Juniper Partners Limited, Company Secretary                   0131 378 0500

 Steve Hunter, Momentum Global Investment Management Limited   0151 906 2481
                                                               07470 478974

 Gary Moglione, Momentum Global Investment Management Limited  0151 906 2461
                                                               07469 852685

 Sally Walton, SEC Newgate (media enquiries)                   020 3757 6872
                                                               07961 463864

 

 

About Momentum Multi-Asset Value Trust plc

 

Momentum Multi-Asset Value Trust plc ("MAVT" or the "Company") is a UK
investment trust, listed on the London Stock Exchange with net assets of
£44.5 million (as at 30 September 2022).

 

MAVT is managed by Momentum Global Investment Management which has a boutique
culture and more than 20 years' experience in multi-asset and value investing.
The Company's management team employs a "refined value" bottom up, deeply
researched investment approach. Value investing is a process which is
traditionally applied to equity investment. MAVT's manager seeks to refine and
apply the value identification process across a highly diversified range of
asset classes, including global equities, credit and specialist assets (such
as property, infrastructure, financial investment vehicles, private equity and
music royalties), and defensive assets (such as gold), seeking the most
compelling investment opportunities wherever they can be found. Responsible
investment considerations also form an integral part of the investment
philosophy and ESG considerations are implemented throughout the investment
process.

 

Over a typical investment cycle of between 5 and 10 years, MAVT seeks to
achieve a total return of at least CPI plus 6% per annum after costs with low
volatility and aims to increase the dividends paid to shareholders at least in
line with inflation over the longer run.

 

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