Murray International Trust

LN: MYI

£1551.4m market cap

1206p last close

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.

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.

Share price graph
Price performance
%
1m
3m
12m
Actual 1.3 11.9 (2.0)
Relative* (1.9) 8.8 (0.5)
52-week high/low 1250.0p/1056.0p
*% relative to local index
Key management
Bruce Stout Senior Investment Manager
William Hemmings Head of Closed End Funds

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