Monks Inv Trust (MNKS)

Sector:

Investment Firms

Index:

FTSE 250

1,412.00p
   
  • Change Today:
    -32.00p
  • 52 Week High: 1,484.00
  • 52 Week Low: 1,078.00
  • Currency: UK Pounds
  • Shares Issued: 236.45m
  • Volume: 250,306
  • Market Cap: £3,338.73m
  • RiskGrade: 84

Monks Investment Trust posts negative return for the year

By Josh White

Date: Wednesday 08 Jun 2016

LONDON (ShareCast) - (ShareCast News) - Monks Investment Trust posted a net asset value total return of -0.4% for its full financial year on Wednesday, trailing behind the total return of 0.5% for the FTSE World Index in sterling terms.
The FTSE 250 trust said its share price total return in the same period - the 12 months to 30 April - was -1.3%.

Its board said stock selection was a positive contributor to returns led by Amazon, Ryanair and Alphabet (Google).

After excluding the deployment of gearing and sale of the US Treasury bond, portfolio turnover for the 12 months was around 14%, Monks said.

It explained that some gearing was invested across the existing portfolio of stocks following the market declines in September 2015 and again in January 2016.

As at the financial year end, the company's equity gearing stood at 6.2% compared to nil a year ago, with effecting gearing excluding bonds at 6.9%.

Earnings per share were notably lower at 2.31p, against 4.74p a year earlier.

Monks declared a final dividend of 1p, making for a total dividend of 1.5p for the year - far below the prior year's final dividend of 3.45p and total dividend of 3.95p.

"The board and managers believe the company's portfolio is set to grow at an above average rate, even in an environment of only modest economic expansion," Monks said in a statement.

"The portfolio has broad exposure to the themes of Asian consumption, underlying growth of the US economy, and technology."

Monks was also looking to raise some funds, planning to seek the authority of shareholders at the annual general meeting to re-sell shares held in treasury at a premium to the prevailing net asset value per share.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Monks Inv Trust Market Data

Currency UK Pounds
Share Price 1,412.00p
Change Today -32.00p
% Change -2.22 %
52 Week High 1,484.00
52 Week Low 1,078.00
Volume 250,306
Shares Issued 236.45m
Market Cap £3,338.73m
RiskGrade 84

Monks Inv Trust Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
26.64% above the market average26.64% above the market average26.64% above the market average26.64% above the market average26.64% above the market average
2.41% above the sector average2.41% above the sector average2.41% above the sector average2.41% above the sector average2.41% above the sector average
Price Trend
35.12% above the market average35.12% above the market average35.12% above the market average35.12% above the market average35.12% above the market average
34.26% above the sector average34.26% above the sector average34.26% above the sector average34.26% above the sector average34.26% above the sector average
Income
43.98% below the market average43.98% below the market average43.98% below the market average43.98% below the market average43.98% below the market average
9.42% below the sector average9.42% below the sector average9.42% below the sector average9.42% below the sector average9.42% below the sector average
Growth
12.6% below the market average12.6% below the market average12.6% below the market average12.6% below the market average12.6% below the market average
4.88% above the sector average4.88% above the sector average4.88% above the sector average4.88% above the sector average4.88% above the sector average

Monks Inv Trust Dividends

  Latest Previous
  Final Final
Ex-Div 29-Jul-21 30-Jul-20
Paid 07-Sep-21 04-Sep-20
Amount 2.00p 2.50p

Trades for 20-Sep-2021

Time Volume / Share Price
16:35 5,169 @ 1,412.00p
16:29 1 @ 1,414.00p
16:27 520 @ 1,408.41p
16:27 3 @ 1,412.00p
16:25 200 @ 1,409.82p

Monks Inv Trust Key Personnel

Chair Karl Sternberg

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