PerfatMonthEnd-BalancedShares
December 22 2003 - 8:57AM
UK Regulatory
RNS Number:5544T
Merrill Lynch Asset Allocator PLC
22 December 2003
MERRILL LYNCH ASSET ALLOCATOR plc - BALANCED PORTFOLIO
All information is at 28 November 2003 and unaudited.
Performance at month end with net income reinvested
One Three Six One Since
month months months year launch**
Net asset value 0.6% 2.1% 1.9% 6.2% 1.5%
Share price -1.3% -3.7% -2.3% -1.7% -6.6%
Benchmark* 0.4% 0.9% 1.6% 6.3% 5.8%
*25% FTSE All-Share & 75% FTSE UK Gilts 0-5 Year Index
**Launch date 5 December 2001, opening net asset value 92.50p
Sources: Merrill Lynch Investment Managers, Standard & Poor's Micropal
At month end
Net asset value*: 90.89p
Share price: 79.00p
Discount: 13.1%
Total assets: #20.6m
Gearing of Balanced Portfolio: Nil
Net historic yield: 2.2%
Balanced shares in issue: 22,935,630
(During the month 810,800 Balanced shares were converted into 919,447 Growth
shares, and 2,206,352 Growth shares were converted into 1,946,002 Balanced
shares)
*Includes current year net revenue of 0.99p
Investment Analysis % of Total Assets
UK Fixed Income 73.0
UK Equities 24.0
Cash 3.0
Total 100.0
Ten Largest Fixed Income Investments % of Investments
UK Treasury 7.5% 07/12/2006 28.0
UK Treasury 7.25% 07/12/2007 10.5
UK Treasury 5% 07/03/2008 9.3
UK Treasury 6.75% 26/11/2004 6.8
European Investment Bank 6% 26/11/2004 3.9
Tesco 7.5% 30/07/2007 2.2
Rabobank 4.5% EMTN 12/07/2006 2.0
RWE Finance 5.75% 20/04/2006 EMTN 1.2
Centrica 5.375% EMTN 14/12/2005 1.2
Australia & NZ Banking 4.875% EMTN 22/12/2008 1.2
Total 66.3
Equity exposure is gained through the Merrill Lynch UK Income Unit Trust.
Latest information is available by typing "www.mlim.co.uk/its" on the internet,
"MLIMINDEX" on Reuters and "MLIM" on Bloomberg or "0800" on Topic 3 (ICV
terminal).
22 December 2003
This information is provided by RNS
The company news service from the London Stock Exchange
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