Momentum Multi-Asset Value Trust (MAVT)

Sector:

Investment Firms

Index:

FTSE Fledgling

 185.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 187.00
  • 52 Week Low: 129.25
  • Currency: UK Pounds
  • Shares Issued: 35.29m
  • Volume: 14,681
  • Market Cap: £65.46m
  • Beta: 0.00

Midas uncertain after game of two halves

Date: Wednesday 22 Dec 2010

LONDON (ShareCast) - Investment trust Midas Income & Growth described the six months to 31 October as a ‘game of two halves’ as the recovery seen since March 2009 moved into reverse in May and June this year.

The group, which seeks to achieve an absolute return with low volatility, saw a net asset value return of 1.9% and a share price total return of 2.6%.

Midas said the reversal of earlier gains was due to concerns about the sovereign debt crisis in Europe.

“However, July saw a resumption of the 'risk on' environment and most major markets rallied to challenge new post crisis highs later in the period,” it added.

Midas also pointed to a ‘very wide range’ of possible economic outcomes.

“The headwinds afflicting developed markets including austerity packages, obstinately high unemployment, further deleveraging by banks and sovereign debt problems, continue to act as an anchor to over positive sentiment,” it said.

“However, the corporate sector appears to be in relatively good shape, both in terms of current trading (particularly those companies with emerging economy exposure) and balance sheets which do not, in general, look over stretched.”

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

MAVT Market Data

Currency UK Pounds
Share Price 185.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 187.00
52 Week Low 129.25
Volume 14,681
Shares Issued 35.29m
Market Cap £65.46m
Beta 0.00

MAVT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
14.54% above the market average14.54% above the market average14.54% above the market average14.54% above the market average14.54% above the market average
27.58% above the sector average27.58% above the sector average27.58% above the sector average27.58% above the sector average27.58% above the sector average
Income Not Available
Growth
13.10% above the market average13.10% above the market average13.10% above the market average13.10% above the market average13.10% above the market average
23.87% above the sector average23.87% above the sector average23.87% above the sector average23.87% above the sector average23.87% above the sector average

MAVT Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 27-May-21 25-Feb-21
Paid 18-Jun-21 19-Mar-21
Amount 1.68p 1.68p

Trades for 17-May-2021

Time Volume / Share Price
11:18 563 @ 185.33p
09:19 1,618 @ 185.34p
09:02 12,000 @ 184.64p
08:23 500 @ 185.34p

MAVT Key Personnel

Chair Richard A M Ramsay

Top of Page