||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
|Miton Worldwide Daily Update: Miton Worldwide is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker MWGT. The last closing price for Miton Worldwide was 158p.|
Miton Worldwide has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 25,411,985 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Miton Worldwide is £40,150,936.30.
|topvest: To be fair to management their strategy is to only achieve £ 3 month LIBOR + 2% and they are above this on NAV but below on share price. Its a very odd vehicle as it's record against an undemanding target is very poor. Having said that it does provide investors with a non-correlated equity asset if you are looking for fairly poor returns.
However, in 2008/09 it's performance was worse than the FTSE All Share Index - so with this trust you seem to get:
1. Under-performance against equities;
2. No income; and
3. Volatility on a major market set-back.
Hmmm difficult to see why Nick Greenwood is still in place after 10 years of poor returns buying orphan funds that no-one wants, probably for a good reason.
If you look at the Diverse Income Trust or The Investment Company, both run by Miton they are much better.|
|topvest: Hmm - don't deny that this is a deep value fund, but I think the share price and net asset value will pull back sharply on a big sell-off. It did 5 years ago. Lots of better absolute return trusts around in my view like Capital Gearing, The Cayenne Trust, Personal Assets, Ruffer etc., and they avoid "cigar butts". I'm a value investor, but retain a quality threshold as well.|
Miton Worldwide share price data is direct from the London Stock Exchange