CT Global Managed Portfolio Trust Inc Shs (CMPI)

Sector:

Investment Firms

109.50p
   
  • Change Today:
      0.50p
  • 52 Week High: 121.00
  • 52 Week Low: 101.50
  • Currency: UK Pounds
  • Shares Issued: 51.47m
  • Volume: 48,594
  • Market Cap: £56.36m

F&C Managed trust outperforms FTSE in first half

By Iain Gilbert

Date: Friday 26 Jan 2018

LONDON (ShareCast) - (ShareCast News) - F&C Managed Portfolio Trust saw a net asset value total return of 2% for income shares and 6.3% for its growth shares over the course of its first trading half, outperforming the FTSE with its total return of -0.2%.
In terms of its growth portfolio, FMPI identified two evident themes in the outperformance, chiefly its exposure to Japanese and Asia Pacific markets as they both performed strongly.

In the case of Japan, the stock market moved ahead following the re-election of Prime Minister Shinzo Abe in October, benefiting FMPI's long-time holding Baillie Gifford Japan Trust where the focus on medium and small growth companies in Japan has been the driver to the trust's 27% share price gain.

Schroder Asian Total Return Investment Company rose 20% helped by strong performances from a number of markets in the Asia Pacific region.

FMPI highlighted a second theme of the portfolio's continued exposure to the biotechnology and technology sectors with leading gainers such as Syncona, ahead by 24%.

For the income portfolio, the best performer was the Zurich-listed BB Biotech which rose 15%.

Net revenue for the six months came in at £1,42m, or 3.36p per Income share compared to 2.91p per share a year earlier.

FMPI declared a first and second interim dividend for the year ended 31 May 2018, each of 1.3p per income share, up from 1.25p per share for the corresponding periods a year earlier.

"The global outlook for equity markets remains constructive," said chairman Richard Martin. "That said it would be wrong to ignore that markets have had a remarkable run since the great financial crash nearly ten years ago and that geopolitical risks abound. Valuations in certain markets, especially the US are elevated, stretched even.

"However, neither age nor valuation are, when viewed in isolation, reasons why further positive returns cannot be achieved. The economic recovery has broadened out through Europe, Asia Pacific and many emerging markets."

As of 1020 GMT, shares had lost 1.79% to 137.00p.

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

 

CMPI Market Data

Currency UK Pounds
Share Price 109.50p
Change Today 0.50p
% Change 0.46 %
52 Week High 121.00
52 Week Low 101.50
Volume 48,594
Shares Issued 51.47m
Market Cap £56.36m

CMPI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.08% below the market average40.08% below the market average40.08% below the market average40.08% below the market average40.08% below the market average
14.48% below the sector average14.48% below the sector average14.48% below the sector average14.48% below the sector average14.48% below the sector average
Price Trend
17.6% below the market average17.6% below the market average17.6% below the market average17.6% below the market average17.6% below the market average
49.55% below the sector average49.55% below the sector average49.55% below the sector average49.55% below the sector average49.55% below the sector average
Income
24.09% above the market average24.09% above the market average24.09% above the market average24.09% above the market average24.09% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Growth
20.91% below the market average20.91% below the market average20.91% below the market average20.91% below the market average20.91% below the market average
14.47% below the sector average14.47% below the sector average14.47% below the sector average14.47% below the sector average14.47% below the sector average

CMPI Dividends

  Latest Previous
  3rd Interim 2nd Interim
Ex-Div 14-Mar-24 14-Dec-23
Paid 09-Apr-24 12-Jan-24
Amount 1.80p 1.80p

Trades for 28-Mar-2024

Time Volume / Share Price
15:13 708 @ 110.28p
14:05 102 @ 110.28p
11:56 19,608 @ 110.15p
11:55 9,359 @ 109.50p
11:45 9,735 @ 108.00p

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