Manchester & London Investment Trust Plc (MNL)

Profile

https://www.manchesterandlondon.co.uk

Manchester & London Investment Trust Plc is a UK-listed closed-end investment trust focused on achieving capital appreciation through active management of a diversified portfolio. It primarily invests in 20 to 100 high-quality, blue-chip equities from developed markets, with a strong emphasis on global growth-oriented companies, particularly in the technology sector, which constitutes around 96% of its holdings. Key positions include leading firms like NVIDIA, Microsoft, and Broadcom, alongside exposure to financial services, communication services, and healthcare. Benchmarking against the MSCI UK Investable Market Index, the trust has demonstrated notable performance driven by artificial intelligence and technology trends. Managed by M&L Capital Management, it maintains flexibility to incorporate fixed interest securities and derivatives for hedging and investment purposes. Launched in 1997, Manchester & London Investment Trust Plc plays a significant role in providing investors access to concentrated, high-conviction global equity strategies, particularly those capitalizing on innovation in technology and related industries.