Month End - Balanced Shares
16 Janeiro 2004 - 2:24PM
UK Regulatory
RNS Number:3467U
Merrill Lynch Asset Allocator PLC
16 January 2004
MERRILL LYNCH ASSET ALLOCATOR plc - BALANCED PORTFOLIO
All information is at 31 December 2003 and unaudited.
Performance at month end with net income reinvested
One Three Six One Since
month months months year launch**
Net asset value 1.3% 1.8% 2.7% 7.2% 2.3%
Share price 0.0% -1.3% -5.1% -1.7% -6.6%
Benchmark* 1.5% 2.3% 3.2% 8.6% 7.4%
*25% FTSE All-Share & 75% FTSE UK Gilts 0-5 Year Index, previously 25% MSCI
World Equities & 75% Citigroup World Gov't Bond Index (hedged to sterling with
income reinvested) up to 2 November 2003
**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*: 91.64p
Share price: 79.00p
Discount: 13.8%
Total assets: #20.8m
Gearing of Balanced Portfolio: Nil
Net historic yield: 2.2%
Balanced shares in issue: 22,935,630
*Includes current year net revenue of 0.90p
Investment Analysis % of Total Assets
UK FI 58.0
UK Equities 24.0
Cash 18.0
Total 100.0
Ten Largest FI Investments % of FI Investments
UK Treasury 7.5% 07/12/2006 24.7
UK Treasury 7.25% 07/12/2007 11.1
UK Treasury 6.75% 26/11/2004 7.1
UK Treasury 5% 07/06/2004 4.7
European Investment Bank 6% 26/11/2004 4.1
UK Treasury 5% 07/03/2008 2.4
Tesco 7.5% 30/07/2007 2.3
Rabobank 4.5% EMTN 12/07/2006 2.1
RWE Finance 5.75% 20/04/2006 1.3
Centrica 5.375% EMTN 14/12/2005 1.3
Total 61.1
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).
16 January 2004
This information is provided by RNS
The company news service from the London Stock Exchange
END
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