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RCS - Murray Intnl Trust - Edison issues review on Murray International Trust

Tue 10th November, 2020 8:00am
RNS Number : 7314E
Murray International Trust PLC
10 November 2020
 

 

London, UK, 10 November 2020

Edison issues review on Murray International Trust (MYI)

Murray International Trust (MYI) provides investors with a diversified portfolio of global equities and fixed income securities. Lead manager Bruce Stout aims to generate an above-average dividend yield, with long-term growth in dividends and capital ahead of inflation. While there have been unprecedented pressures on dividends globally, and many businesses have suffered due to the current healthcare crisis, the overall focus of the portfolio remains on companies with robust cash generation, under-leveraged balance sheets and exposure to growth areas such as emerging markets. The manager and his colleagues in the global equity team at Aberdeen Standard Investments (ASI) have taken the opportunity following the stock market pullback earlier this year to introduce a selection of new high-quality names into the portfolio.

 

MYI's shares are currently trading at a 5.1% discount to its cum-income NAV, which is a lower valuation than its historical averages. There is scope for the trust to return to trading at a premium if its performance improves or there is greater investor appetite for income rather than growth strategies.  


Click here to view the full report.

 

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About Edison: Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world-renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisers and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

Edison is authorised and regulated by the Financial Conduct Authority.

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

For more information please contact Edison:

Mel Jenner, +44 (0)20 3077 5720

Sarah Godfrey, +44 (0)20 3681 2519

investmenttrusts@edisongroup.com

 

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