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Murray International Trust (MYI)

Business description

Murray International Trust aims to achieve a total return greater than its composite benchmark (40% FTSE World UK and 60% FTSE World ex-UK) by investing predominantly in equities worldwide. It also aims to maintain an above-average dividend yield.

Stock data

Market cap.£1396.8m
Last close1,090.00p
High / Low (52 weeks)1294.0p / 1056.0p
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Investment summary

Murray International Trust (MYI) is a global fund offering the prospect of capital appreciation and an above-average dividend yield from a diversified portfolio primarily of equities, as well as bonds. Manager Bruce Stout also aims to protect capital during periods of stock market weakness. He is cautious on the growth outlook for developed economies, based on the debt overhang following the global financial crisis, and continues to favour higher-growth markets in Asia and Latin America. Stout follows a disciplined, long-term approach to investing and, while 2018 has proved to be a tough period for emerging markets, has outperformed the trust’s composite benchmark in all but three years since he assumed the role of lead manager in 2004.

Last updated on 28/09/2018

Key management

Bruce Stout, Senior Investment Manager
William Hemmings, Head of Closed End Funds

Company address

7th floor, 40 Princes Street
Edinburgh
EH2 2BY
United Kingdom
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