MERCHANTS TRUST PLC - 3.65% CUM PRF #1 Fonds

The Merchants Trust PLC is a United Kingdom-based standalone investment trust company. The Company's objective is to provide shareholders with an above average level of income and income growth with long-term capital growth through a policy of investing mainly in higher yielding the United Kingdom Financial Times Stock Exchange (UK FTSE) 100 companies. The Company's invests in a range of sectors, including oil and gas, banks, pharmaceuticals and biotechnology, tobacco, media, electricity, mobile telecommunications, life insurance, travel and leisure, mining, gas, water and multi-utilities, construction and materials, beverages, support services, general retailers, real estate investment trusts, and aerospace and defense, among other sectors.