1. The Monks Investment Trust

  2. Overview

    Monks Investment Trust aims for long-term capital growth which takes priority over income. This is pursued through applying a patient approach to investment, principally from a differentiated, actively managed global equity portfolio containing a diversified range of growth stocks.

    We are drawn to businesses addressing a particular ‘crisis’ in a novel manner which can help to reduce costs and/or produce a radically improved quality of service.

    Malcolm MacColl

    Performance & Portfolio

    Periodic Performance

    All figures to 30/09/2024

    1 Year

    3 Years

    5 Years

    10 Years

    Share Price 24.9%-14.9%31.6%224.8%
    NAV 22.7%-4.7%52.1%212.3%
    Index* 20.6%31.2%71.2%222.1%

    Performance figures appear in GBP. The value of your investment may go down as well as up, and you may not get back the amount you invested.

    NAV is calculated with borrowings deducted at fair value for 1, 3 and 5 years and par value for 10 years.

    *FTSE World TR.

    Performance source: Morningstar and relevant underlying index provider, total return.

    Please bear in mind that past performance is not a guide to future performance.


    Discrete Performance

    Annual Performance to 30 September each year

    30/09/2019
    30/09/2020

    30/09/2020
    30/09/2021

    30/09/2021
    30/09/2022

    30/09/2022
    30/09/2023

    30/09/2023
    30/09/2024

    Share Price 24.9%23.8%-30.1%-2.6%24.9%
    NAV 27.9%24.8%-23.6%1.7%22.7%
    Index* 5.2%24.0%-3.0%12.2%20.6%

    Performance figures appear in GBP. The value of your investment may go down as well as up, and you may not get back the amount you invested.

    NAV is calculated with borrowings deducted at fair value for 1, 3 and 5 years and par value for 10 years.

    *FTSE World TR.

    Performance source: Morningstar and relevant underlying index provider, total return.

    Please bear in mind that past performance is not a guide to future performance.

    Performance - 30/09/2024

    Performance figures appear in GBP. The value of your investment may go down as well as up, and you may not get back the amount you invested.
    Comparative index data is limited to a 5 year period from the current date.
    The graph is rebased to 100.
    Please bear in mind that past performance is not a guide to future performance.

    Holdings - 30/09/2024

    Fund %
    1 Microsoft 4.1%
    2 Meta Platforms 3.9%
    3 Amazon.com 3.4%
    4 NVIDIA 3.2%
    5 Elevance Health Inc. 3.1%
    6 CRH 3.0%
    7 Martin Marietta Materials 3.0%
    8 TSMC 2.7%
    9 Prosus 2.6%
    10 Ryanair 2.2%
    Total 31.3%
    Geographical analysis of total assets - 30/09/2024

    Fund %

    • 1 United Kingdom 2.56
    • 2 Europe 17.18
    • 3 North America 60.77
    • 4 Japan 3.61
    • 5 Developed Asia 2.96
    • 6 Emerging Markets 12.15
    • 7 Net Liquid Assets 0.56
    • 8 Others 0.21
    • Total 100.00

    As the Fund invests in overseas securities, changes in the rates of exchange may also cause the value of your investment (and any income it may pay) to go down or up.
    The information contained on this page is intended as a guide only and should not be relied upon when making investment decisions. All holdings information is unaudited. Source Baillie Gifford & Co.
    Please note that totals may not add due to rounding.

    Meet the Managers

    Spencer Adair - Manager

    Spencer is an investment manager in the Global Alpha Team. He has been an investment manager in the Global Alpha Team since its inception in 2005 and Monks Investment Trust since 2015. Spencer is a co-manager of International Concentrated Growth Strategy. He joined Baillie Gifford in 2000 and became a partner in 2013. Spencer has also spent time working in the Fixed Income, Japanese, European, Emerging Markets and UK Equities teams. He graduated BSc in Medicine from the University of St Andrews in 1997.

    Malcolm MacColl - Deputy Manager

    Malcolm is an investment manager in the Global Alpha Team. He has been involved in Global Alpha since the product’s inception in 2005 and this is his sole portfolio responsibility. He joined Baillie Gifford in 1999 and became a partner of the firm in 2011. In 2021 he became a managing partner with overall oversight for the investment department. Malcolm previously worked in the UK Small Cap and North American equity teams. He managed the North American portion of wider global portfolios while in the North American Equity Team. Malcolm graduated MA in Economics and History in 1998 and MLitt in Economics, Politics and Management in 1999, both from the University of St Andrews.

    Helen Xiong - Deputy Manager

    Helen is an investment manager in the Global Alpha Team. She joined Baillie Gifford in 2008 and became a partner in 2020. In addition to Global Alpha, Helen has spent time working in the Developed Asia, UK, US Equity Growth, and Emerging Markets Equity teams. She graduated BSc (Hons) in Economics from the University of Warwick in 2007 and MPhil in Economics from the University of Cambridge in 2008.

    Documents

    You can access any literature about the Fund here, either by downloading or requesting a copy by post (where available).

    To download any document you will need Adobe Reader. Please note that we can now provide you with Braille and audio transcriptions of our literature on request. It may take up to 10 days for the transcription to be completed dependent on the size of the document.

    Investment intelligence

    PRIIPs key information document

    Disclaimers

    FTSE Disclaimer

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