IN BRIEF: Mercantile Investment underperforms but keeps dividend flat
Mercantile Investment Trust PLC - London-based investment company focused on medium and smaller sized companies in the UK - Underperforms benchmark as net asset value drops. NAV total return in half-year to July 31 at negative 11.5% versus negative 7.8% of benchmark, the "target market of UK medium & smaller companies". A year ago, total return was positive 25%, outperforming benchmark index which reported positive 18%. Read More