This investment trust has holdings in a broad range of assets, although it has a strong focus on US technology stocks.
What do people think of MNL. Share price seems low given the asset value and the stocks in the portfolio.
Comments would be welcome
Doing particularly well over 1 and 2 years but on 17.5% discount.
Pays a dividend out of capital 14p every year for 4 years.
Emphasis on artificial intelligence.
Smallish trust with half the shares owned by the manager (£130 million worth)
1Y|64%|
2Y|76.11%|
3Y|14.69%|
5Y|26.15%|
As you can see most of the returns have been recent.
The managers went back to university to learn more about artificial intelligence.
A very convincing sales pitch from the manager on quoteddata today. Haven’t had time to listen to the end.
Definitely a play on artificial intelligence and basically nothing else!
PS did you buy it?