MAVT Momentum Multi-asset Value Trust Plc

TIDMSIGT

RNS Number : 7844E

Momentum Multi-Asset Value Trust

31 October 2022

   To:                          RNS 
   From:                    Momentum Multi-Asset Value Trust plc 
   LEI:                         213800OQTUSRFDIL9L29 
   Date:                     31 October 2022 

Debt Facility

Momentum Multi-Asset Value Trust plc, which seeks to apply a value lens to identify the most compelling investment opportunities across a highly diversified range of asset classes, has renewed its GBP10 million revolving credit facility with The Royal Bank of Scotland International Limited, London Branch for a further two years.

The facility bears interest at 1.35% over SONIA and may be used for the acquisition of investments in accordance with the Company's investment policy and for the funding of share buy backs and dividend payments.

Enquiries:

 
 Juniper Partners Limited, Company Secretary    0131 378 0500 
 
 Steve Hunter, Momentum Global Investment 
  Management Limited                            0151 906 2481 
                                                 07470 478974 
 
 Gary Moglione, Momentum Global Investment 
  Management Limited                            0151 906 2461 
                                                 07469 852685 
 
 Sally Walton, SEC Newgate (media enquiries)    020 3757 6872 
                                                 07961 463864 
 

About Momentum Multi-Asset Value Trust plc

Momentum Multi-Asset Value Trust plc ("MAVT" or the "Company") is a UK investment trust, listed on the London Stock Exchange with net assets of GBP44.5 million (as at 30 September 2022).

MAVT is managed by Momentum Global Investment Management which has a boutique culture and more than 20 years' experience in multi-asset and value investing. The Company's management team employs a "refined value" bottom up, deeply researched investment approach. Value investing is a process which is traditionally applied to equity investment. MAVT's manager seeks to refine and apply the value identification process across a highly diversified range of asset classes, including global equities, credit and specialist assets (such as property, infrastructure, financial investment vehicles, private equity and music royalties), and defensive assets (such as gold), seeking the most compelling investment opportunities wherever they can be found. Responsible investment considerations also form an integral part of the investment philosophy and ESG considerations are implemented throughout the investment process.

Over a typical investment cycle of between 5 and 10 years, MAVT seeks to achieve a total return of at least CPI plus 6% per annum after costs with low volatility and aims to increase the dividends paid to shareholders at least in line with inflation over the longer run.

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October 31, 2022 11:03 ET (15:03 GMT)

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