Mercantile Investment Trust

Mercantile Investment Trust
JP Morgan Investment Mgmt Inc
Closed Ended Investment Company
UK All Companies
0.47 %
Risk Rating
3 Year Sharpe
3 Year Alpha
2.9 %
FTSE Allsh Ex 100 Ex Invt Trust TR GBP
Fund Size
£ 1.53 billion
Discount Premium
To achieve long-term capital growth from a portfolio of UK medium and smaller companies by invests in medium and smaller companies which are listed mainly on the London Stock Exchange and to provide long-term dividend growth at least in line with inflation.
Holding %
JPM GBP Liquidity LVNAV X (dist.) 5.85 %
100m 6.125% Secured Bond 2030 5.80 %
75m 6.125% Secured Bond 2030 4.37 %
Spirax-Sarco Engineering PLC 3.75 %
Bellway PLC 2.98 %
Intermediate Capital Group PLC 2.76 %
Hiscox Ltd 2.71 %
Auto Trader Group PLC 2.51 %
Beazley PLC 2.35 %
Phoenix Group Holdings 2.25 %
Region %
United Kingdom 97.92 %
Sector %
Financial Services 21.94 %
Industrials 21.91 %
Consumer Cyclical 18.89 %
Basic materials 10.52 %
Technology 10.18 %
Real Estate 6.55 %
Consumer Defensive 6.20 %
JP Morgan Investment Mgmt Inc
45236, Cincinnati, United States
Legal Structure
Closed Ended Investment Company


Guy Anderson
Joined 08/01/2012

Guy Anderson, executive director, is a portfolio manager within the Small/Mid Cap team of the J.P. Morgan Asset Management European Equity Group in London. An employee since 2012, Guy was previously an analyst at Breeden European Capital Management. Before this, Guy was an Investment analyst at Pendragon Capital Management Limited. Prior to this, Guy worked as a project manager in the Corporate and Investment Banking division at Oliver Wyman. He obtained an M.Eng (Hons) in Engineering from Oxford University. Guy is CFA charterholder.

Anthony Lynch
Joined 12/31/2009

Anthony Lynch, vice president,is a portfolio manager within the J.P. Morgan Asset Management European Equity Group and co-manages The Mercantile Investment Trust, specialising in smaller and mid-sized UK equities. Anthony joined in 2009, initially as an analyst, and now co-manages the Investment Trust. Prior to this he obtained a B.A. (Hons) in Economics from Durham University. He is a CFA charterholder.

Martin Hudson
Joined 01/01/1994

Martin Hudson, managing director, is a portfolio manager within the J.P. Morgan Asset Management European Equity Group, responsible for The Mercantile Investment Trust and specialising in smaller and mid-sized UK equities. An employee since 1982, he was previously an investment manager in the UK Portfolios Group, managing both the UK equity portfolio of the Fleming Fledgeling Investment Trust (now the JPMorgan US Smaller Companies Investment Trust) and segregated pension fund portfolios. Before this he was manager of the UK investment research department and previously was a building and property analyst. Prior to joining the firm, he worked on manufacturing and acquisitions for Blue Circle Industries. Martin obtained an M.A. in Natural Sciences from the University of Cambridge.

Data provided by Morningstar.

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