Mercantile Investment Trust (MRC) is a British open-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The company targets investments in the public equity markets of the UK. Its investment interest is spread across diversified sectors. The fund’s main goal is to provide income and capital growth through investing in a diversified portfolio of the UK small and mid-cap stocks by targeting the most attractive companies. The fund tracks its portfolio performance against the FTSE All-Share Index. Established in 1884, it was priorly known as JP Morgan Fleming Mercantile Investment Trust. The Mercantile Investment Trust share price is listed on the London Stock Exchange and included in the FTSE 250 Index.
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