River And Mercantile Uk ... Share Discussion Threads

[henryatkin] 08/5/2017 10:53

nimbo1... I did a study on buying the top ten stocks of three random small cap funds (30 positions equal weighted) and on each trial they outperformed the actual funds over twelve months. Costs are a lot higher though.

[nimbo1] 02/5/2017 09:52

on the returning capital front i don't want the trust to start returning capital to shareholders - with their track record of being in great stocks early they can keep it all as far as I am concerned.

[nimbo1] 02/5/2017 09:51

Nice one. I got in after easter in the late 140's. Annoyed i did not see it earlier but better late than never. I have also taken some direct positions in the trusts holdings like blue prism and taptica. Maxcyte looks v interesting too.

[mad foetus] 02/5/2017 09:06

I think this board is proof that the best investments often attract the quietest investors! Stunning performance here, I have been accumulating for over a year now.

[deltrotter] 19/1/2017 10:20

Agreed MD.

[mad foetus] 19/1/2017 09:57

Fair enough del. until the next quarter then!More seriously, it will be interesting to see how the company decides to return capital to shareholders in order to keep market cap below the optimum amount. That could lead to a narrowing of discount as people seek to reinvest. These should trade at NAV or a slight premium IMO once a track record has been established, as the number of shares will reduce over time as the share price rises.

[deltrotter] 18/1/2017 10:29

I am in, just nowt to say. A massively longterm hold for me from here. Just sit and let it do its job.

[mad foetus] 17/1/2017 15:05

The last time they reported Taptica were the largest holding. It is up sharply today. I really think the management team here are top drawer.

[mad foetus] 13/1/2017 13:04

Fantastic performance recently. I know most things have done well, but with a 10% discount here this one is a real long term hold.

[mad foetus] 17/11/2016 10:44

Ah, thats why it is up. Well, I don't much care really. This is a fantastic little trust and a core holding for me. R&M are real experts in the small company area and I believe the evidence shows that micro-caps in general do better, with less volatility, than larger companies. I'm hoping to hold for a long, long time.

[bscuit] 17/11/2016 10:42

Tipped by Questor in the Telegraph thus narrowing the discount. will wait to see the fallout.

[mad foetus] 18/10/2016 21:57

Looked at the quarterly fact sheet. Crux is, this year the share price is down over 3% and the NAV is up 7.5%. Also, most of the fund is exposed to international companies with a real focus on big data. With the R&M track record, this looks a great buy and hold to me, and the current discount makes it an ideal time to accumulate.

[henryatkin] 28/7/2015 07:31

2015 Q2 Fact Sheet top ten holdings:

Ideagen 4.6%
KBC Advanced Technologies 4.5%
ClearStar 4.0%
NAHL Group 3.9%
WYG 3.8%
Epistem Holdings 3.4%
dotDigital Group 3.4%
Finsbury Food Group 3.4%
Quixant 3.1%
Bonmarche Holdings 3.0%

[henryatkin] 22/7/2015 14:21

Top ten holdings from Q1 2015 Fact Sheet:

KBC Advanced Technologies 4.4 %
Nationwide Accident Repair 4.2%
ClearStar 4.1%
Ideagen 4.0%
Blur Group 3.8%
ScS Group 3.5%
Entu UK 3.5%
Finsbury Food Group 3.5%
NAHL Group 3.4%
WYG 3.3%

[henryatkin] 22/7/2015 14:10

As of 22/7/15 Marlborough UK Micro Caps unit trust has returned 25% pa compound since the start of 2009, 22% over the past over five years & 14% over ten years - all buy & hold. I wonder whether FMMC can better that record and where the markets will go from here.

I suggest investors read more about the fund manager & charges in this article: