Mercantile Investment Trust (MRC)

Category UK Mid-Cap Equity
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This investment trust can be held in an Investment ISA, SIPP and Investment Account
Some Investment Trusts include direct costs as part of their Ongoing charge, such as the annual management charge. For those that show Ongoing charges as 0% or a dash please review the investment literature for details on the charges that will apply. The Financial Conduct Authority will review this in 2025.

If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.
Sell

250.00p

Buy

251.00p

arrow-up0.50p (+0.20%)

Discount/Premium

-9.32%

Estimated NAV

276.785p

Prices updated at 12 Dec 2025, 16:35 GMT
| Prices minimum 15 mins delay
|
Prices in GBX
Investment objective
To achieve long-term capital growth from a portfolio of UK medium and smaller companies by invests in medium and smaller companies which are listed mainly on the London Stock Exchange and to provide long-term dividend growth at least in line with inflation.
FTSE All-Share
arrow-down-0.48%
LSE
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 31/08/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Top 10 holdings

1
100M 6.125% SECURED BOND 2030
Sector
-
Country
United States
% of assets
5.23775
2
ICG Plc
Sector
-
Country
United Kingdom
% of assets
4.92735
3
3i Group Ord
Sector
-
Country
United Kingdom
% of assets
4.40466
4
Cranswick PLC
Sector
-
Country
United Kingdom
% of assets
4.07476
5
75M 6.125% SECURED BOND 2030
Sector
-
Country
United States
% of assets
3.93471
6
JPM GBP Liquidity LVNAV X (dist.)
Sector
-
Country
Luxembourg
% of assets
3.82396
7
Serco Group PLC
Sector
-
Country
United Kingdom
% of assets
3.81355
8
Bellway PLC
Sector
-
Country
United Kingdom
% of assets
3.5487
9
Rotork PLC
Sector
-
Country
United Kingdom
% of assets
3.52888
10
Plus500 Ltd
Sector
-
Country
Israel
% of assets
3.32243
Assets in top 10 holdings %

40.62%

Total no. of equity holdings

73.00

Total no. of bond holdings

6.00

Stock sectors

Mercantile Investment Trust
UK Mid-Cap Equity

54.43%

Basic materials

0.79%
-

Con cyclical

18.96%
-

Financial svs

28.72%
-

Real estate

5.96%
-

35.09%

Comm services

3.83%
-

Energy

-
-

Industrials

25.79%
-

Technology

5.47%
-

10.48%

Con defensive

8.29%
-

Healthcare

-
-

Utilities

2.19%
-


Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.


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