MAJEDIE INVESTMENTS PLC Monthly Factsheet: 31 August 2020
Description
Allocation
Key Facts
Majedie Investments PLC is an Investment Trust listed on the London Stock Exchange. It was founded in 1910, obtained Investment Trust status in 1985, and, from 2014, has been a self managed AIF under the AIFMD.
The Trust owns a 17.2% stake in the asset management boutique, Majedie Asset Management (MAM) having been a founding investor in 2002. In January 2014, MAM was appointed to manage substantially all of the Company's assets. The assets are managed as a segregated fund and through funds managed by MAM including an allocation to an Absolute Return Fund (MAM Tortoise Fund). The Board is responsible for asset allocation between MAM Funds.
MAM UK Equity Portfolio (segregated) | 27.9% |
LF MAM Global Equity Fund | 17.7% |
MAM Tortoise Fund | 11.0% |
MAM International Fund | 7.3% |
LF MAM UK Income Fund | 6.2% |
MAM US Equity Fund | 5.6% |
Majedie Asset Management | 20.5% |
Corporate Cash and Other | 3.8% |
Share Price
NAV per Share (debt at par value)
NAV per Share (debt at fair value)
(Discount) / Premium (debt at par value)
(Discount) /Premium (debt at fair value)
Market Capitalisation
188.00p
253.48p
245.20p
(25.83%)
(23.33%)
£99.7m
Objective | Monthly Performance | |
To maximise total shareholder return | The NAV (debt at fair value) Total Return | |
whilst increasing dividends by more | increased by 3.0%. | |
than the rate of inflation over the long | The Share Price Total Return increased by | |
term. | ||
1.6%. |
NAV and Total Shareholder Return^ | |
330.00 | NAV (debt at fair value) |
310.00 | |
Share Price | |
290.00 | |
270.00 | |
250.00 | |
230.00 | |
210.00 | |
190.00 |
170.00 Aug-19Sep-19Oct-19Nov-19Dec-19Jan-20Feb-20Mar-20Apr-20May-20Jun-20Jul-20Aug-20
Total Assets
Debt at par value
Debt at fair value
Ticker
Sector
Financial Year End
Interim dividend declared for 31.03.20
Final dividend declared for the year to 30.09.19
Dividend payable
AGM
Shares in issue
£154.9m £20.6m £25.0m
MAJE.LN Global Growth
30 September
4.40p
7.00p
January, June January 53,013,887
1 Month FY-to-Date | ||
Total Return % | to | (30/09/19 |
(Year End 30 Sept) | 31 August | to |
2020^ | 31/08/20)^ | |
Net Asset Value* | 3.0 | (9.6) |
Share Price | 1.6 | (22.9) |
70% FTSE UK All Share / | 2.9 | (9.1) |
30% MSCI ACW(£) | ||
Year to | Year to | Year to | Year to Year to | |
30 Sep | 30 Sep | 30 Sep | 30 Sep 30 Sep | |
2019^^ | 2018^^ | 2017^^ | 2016^^ | 2015^^ |
(9.9) | 2.7 | 12.6 | 16.3 | 13.0 |
(3.5) | 2.1 | 13.0 | 3.0 | 15.7 |
4.1 | 8.0 | 12.8 | 21.4** | (1.2)** |
Majedie Investments PLC
1 King's Arms Yard
London
EC2R 7AF
Tel : 0207 328 8170 Email: william.barlow@majedieinvestments.com Authorised and regulated by the Financial
* Debt at fair value.
**Consists of the FTSE UK All Share at 70% and the FTSE World Ex UK at 30%. ^ Based on daily NAV's released to the market.
^^NAV Total Return percentages are based on the NAVs in the Report and Accounts.
Conduct Authority www.majedieinvestments.com
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Top 20 Investments | (Discount) / Premium (debt at fair value) | |
Majedie Asset Management
LF MAM Global Equity Fund
MAM Tortoise Fund
MAM International Fund
LF MAM UK Income Fund
MAM US Equity Fund
LF MAM UK Smaller Companies Fund* Unilever PLC*
Tesco PLC*
Astrazeneca PLC*
BAE Systems PLC*
Barrick Gold Corp*
20.5% | 5.0 |
17.7% | 0.0 |
11.0% | |
7.3% | (5.0) |
6.2% | (10.0) |
5.6% | (15.0) |
1.8% | (20.0) |
1.4% | |
1.1% | (25.0) |
1.0% | (30.0) |
0.9% | |
0.8% |
Electrocomponents PLC* 3i Group PLC*
Roche Holdings AG*
Royal Dutch Shell PLC*
Fevertree Drinks PLC*
Associated British Foods PLC*
Qinetiq Group PLC*
Mondi PLC*
Figures as a % of total assets
0.7%
0.7%
0.7%
0.7%
0.6%
0.6%
0.6%
0.6%
80.5%
Discount or premium percentages are based on the Company's NAVs as released to the market.
*Holdings form part of the MAM UK Equity Portfolio (segregated)
Disclaimer
The contents of this fact sheet have been issued and approved on 30 September 2020 by Majedie Investments PLC, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (FCA) as a self managed AIF. Majedie Investments believes that the information contained on this fact sheet is accurate at the date of publication, but accepts no liability for inaccuracy. It may be changed without prior notice. You should always bear in mind that: the value of investments may fluctuate; past performance is not a guarantee to future returns; the price of shares, and any income from them, can go down as well as up and you may not get back the full amount invested; any tax concessions are not guaranteed and may change at any time and their value will depend on your individual circumstances; the price of the shares in investment trusts is determined by supply and demand and is therefore not necessarily the same as the value of the underlying assets; there is a currency risk when an underlying asset is acquired which is a non-sterling asset; the value of the asset may be offset by a depreciation of the currency of denomination of the asset against sterling, and vice versa; in a building society or bank account your money is highly secure, whereas in a stock market based investment it is exposed to a degree of risk.
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Disclaimer
Majedie Investment plc published this content on 01 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2020 12:54:04 UTC
