Martin Currie Global Portfolio Trust (LON:MNP) - Benefitting from going global
Aug 16th 2012 - Edison Investment Research today published a report on Martin Currie Global Portfolio Trust (MNP.L, LSE:MNP, LON:MNP) entitled "Benefitting From Going Global". In summary, the report says:
Martin Currie Global Portfolio Trust (MNP) is a global equities investment trust. Under its new global mandate MNP has, over the last 12 months, provided absolute returns of 17.8% and 19.3% respectively for NAV and price total return, outperforming its benchmark, which returned 14.9%. When compared to its 28 peers in the global growth sector, MNP ranks first over one year, ninth over three years and eighth over five years in terms of share price total return. The AGM approved share repurchases into treasury although, reflecting a stable discount (below its sector average), the authority has barely been used. Predominantly held by retail investors, MNP’s yield is above the global growth sector average. MNP grew its dividend by 5.5% this...
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
