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Murray International bounces back

Top 100 fund update: following a period of disappointing performance this monster-sized global investment trust has put in an impressive six months

Murray International Trust (MYI) has bounced back over the past six months, following a period of tough performance.

IC TIP: Buy

Over the six months to 31 July 2014 the trust's net asset value (NAV) stormed ahead of its benchmark, returning 18 per cent, three times that of its benchmark (40 per cent World UK and 60 per cent FTSE World ex UK), which returned 6 per cent. And over three months it has continued this success, returning 4 per cent compared to 2 per cent from the index, according to its latest factsheet to 31 July 2014.

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