Page 35 - DIY Investor Magazine - Issue 27

‘Income is our focus. We are income seekers and we make no apology for buying shares that provide the high yield we require. It’s why so many private investors hold the Trust.’
Simon Gergel, Portfolio Manager
ACTIVE IS: SEEKING OUT THE BEST OPPORTUNITIES
Merchants seeks out the best opportunities for dividend yield and long term capital growth from a concentrated portfolio
of leading UK companies. Having conviction allows portfolio manager Simon Gergel to concentrate the portfolio into his team’s very best ideas.
Simon looks for shares with a dividend yield, but also with strong cash flows and good fundamentals. He also looks to pay a reasonable price for the shares.
DIVIDEND GROWTH
Although past performance is no guide to the future, Merchants has paid rising dividends to its shareholders for 37 consecutive years. It is one of the Association of Investment Companies’ Dividend Heroes – an elite list of investment trusts that have increased their dividends for 20 years or more.
So, Merchants could be an attractive proposition for investors planning for retirement, looking to increase their savings or simply wanting to supplement their income. Please remember, however, that a ranking, a rating or an award provides no indicator of future performance and is not constant over time.
Although past performance is no guide to the future, Merchants has paid rising dividends to its shareholders for 38 consecutive years.
It is one of the Association of Investment Companies’ Dividend Heroes – an elite list of investment trusts that have increased their dividends for 20 years or more.
So, Merchants could be an attractive proposition for investors planning for retirement, looking to increase their savings or simply wanting to supplement their income. Please remember, however, that a ranking, a rating or an award provides no indicator of future performance and is not constant over time.
Find out more about The Merchants Trust here > To buy this trust login to your EQi account
Select The Merchants Trust PLC - GB0005800072
All sources Allianz Global Investors GmbH unless otherwise noted. This is no recommendation or solicitation to buy or sell any particular security. A security mentioned above will not necessarily be comprised in the portfolio by the time this document is disclosed or at any other subsequent date. Investing involves risk. The value of an investment and the income from it may fall as well as rise, investors may not get back the full amount invested. Past performance is not a reliable indicator of future results. The views and opinions expressed herein are subject to change without notice, are those of the issuer and/or its affiliated companies at the time of publication.
This is a marketing communication issued by Allianz Global Investors GmbH,
an investment company with limited liability, incorporated in Germany, with its registered office at Bockenheimer Landstrasse 42-44, D 60323 Frankfurt/M, registered with the local court Frankfurt/M under HRB 9340, authorised by Bundesanstalt für Finanzdienstleistungsaufsicht (www.bafin.de). Allianz Global Investors GmbH has established a branch in the United Kingdom, Allianz Global Investors GmbH, UK branch, 199 Bishopsgate, London, EC2M 3TY, www. allianzglobalinvestors.co.uk, authorised and regulated by the Financial Conduct Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation,
are available on the FCA’s website (www.fca.org.uk). Details about the extent of our regulation by the Financial Conduct Authority are available on request. The Merchants Trust PLC is incorporated in England and Wales. (Company registration no. 28276). Registered Office: 199 Bishopsgate, London, EC2M 3TY.
35 DIY Investor Magazine | Mar 2021