Last checked at 
24 Apr 2018 09:00
Majedie Investments Plc: New research
24/04/2018
Majedie Investments is a long-established and very broadly diversified investment trust which aims to maximise total return whilst increasing dividends...
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Highlights:
· Majedie Investments is a long-established and very broadly diversified investment trust that aims to maximise total return whilst increasing dividends by more than the rate of inflation over the long term.
· The self-managed trust invests in a number of highly rated funds managed by investment boutique Majedie Asset Management (MAM) in which the trust also owns a significant stake and represents it's largest holding (c 29.9% of NAV).
· The trust currently offers a yield of 3.52% and has more than five years' worth of revenue in reserves.
· The current discount - c. 9% - is interesting, and we suspect the trust's cautious positioning in the face of a strong market rally may be the reason for it.
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Majedie Investments plc is a client of Kepler Trust Intelligence. This material should be considered a marketing communication, and is not independent research.
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