Monks Investment Trust Shs GBP (GB:MNKS) has released an update.
Monks Investment Trust PLC reports a positive year with a net asset value total return of 17.6% and a share price total return of 19.1%, which aligns with the FTSE World Index. The company has actively bought back shares, narrowing the discount to net asset value to 8.5%, and strategically utilized gearing to enhance long-term returns. Management remains focused on low fees to maximize shareholder returns, while maintaining responsible investment practices by addressing ESG factors and engaging with portfolio companies on sustainability.
For further insights into GB:MNKS stock, check out TipRanks’ Stock Analysis page.
