UK's Monks Investment Trust NAV return rises 29.3%
UK's Monks Investment Trust NAV return rises 29.3%
Overview
UK global equities trust's NAV total return rose 29.3% for year to 30 April 2026
Share price total return rose 35.6%, discount to NAV narrowed to 5.7%
Company repurchased 16.1% of shares to support discount management
Outlook
Monks expects to continue share buybacks to manage discount and deliver shareholder value
Company expects to maintain effective gearing within minus 15% to plus 15% range
Monks sees broadening market returns and ongoing geopolitical uncertainty as key drivers ahead
Result Drivers
AI HARDWARE EXPOSURE - Gains driven by holdings in companies benefiting from AI hardware bottlenecks, including TSMC, Samsung, Comfort Systems, and FTAI Aviation
ACTIVE CAPITAL ALLOCATION - Significant share buybacks and disciplined portfolio management contributed to NAV growth and discount narrowing
Company press release: ID:nRSA4826Ka
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Dividend |
| GBP 0.009 |
|
FY Investment Gains/Losses |
| GBP 627.44 mln |
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)