Midas Income and Growth Trust

Focusing on real assets and income growth

5 June 2014

Midas Income and Growth Trust (MIGT) provides exposure to a globally diversified multi-asset portfolio with a track record of relatively low volatility. NAV total return performance has been ahead of the absolute return benchmark over one, three and five years, and since the investment mandate was changed in January 2012. MIGT’s NAV volatility of 7.2% and 7.7% over one and three years is the lowest in the peer group by a considerable margin. An increase in the FY14 final dividend gives MIGT a yield of 4.0%, higher than the global equity income peer group average and derived from a wide range of assets. MORE »

Low-volatility, multi-asset portfolio

28 November 2013

Midas Income and Growth Trust (MIGT) has a multi-asset portfolio that is circa two-thirds equities with the balance in fixed income, alternative assets and property. This has historically provided lower volatility in its returns than its predominantly equity-focused peers in the Global Growth & Income sector (MIGT has both the lowest one-year NAV volatility and lowest one-year price volatility among its peers – see page 8) and the FTSE All-Share Index. MIGT's equity investments are tilted towards defensive stocks. There is also a focus on real assets to provide some protection against rising inflation. The yield of circa 4% is above the sector average. MORE »

Low volatility multi-asset exposure

12 March 2013

Midas Income and Growth Trust (MIGT) has a multi-asset portfolio that has historically provided lower volatility in its returns than its global growth and income peers. Adjustments were made to the investment objective, policy and benchmark (designed to give the manager greater flexibility) in January 2012 and during the last 12 months, MIGT has put in a strong performance against its blended benchmark. The trust pays a sensibly covered quarterly dividend, currently yielding 4.2%. MORE »