# Manchester & London Investment Trust PLC (MNL)

**Source:** https://fundology.uk/fund/mnl · ISIN GB0002258472 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, MNL (Manchester & London Investment Trust PLC, ISIN GB0002258472) closed at £10.15 on the London Stock Exchange. Over the five years to 30/09/2026 its price changed by +80.3% (income paid out is not included), or +42.6% after UK CPIH inflation.

## Summary

Manchester & London Investment Trust PLC is an investment trust. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.

Latest close: **£10.15** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | MNL |
| ISIN | GB0002258472 |
| Category | Investment trusts |
| Type | Investment trust |
| Domicile | United Kingdom |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +18.02% | +14.81% | price only |
| 3 years | +142.82% | +120.47% | price only |
| 5 years | +80.28% | +42.57% | price only |

Returns: Fundology, from recorded daily closes. Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Manchester & London Investment Trust PLC in pounds (price only, income paid out not included): 2022 −43.5%, 2023 +64.8%, 2024 +31.8%, 2025 +9.6%; 2026 to 30/09/2026 +28.5%. Returns of Manchester & London Investment Trust PLC in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +17.7%; to 30/09/2025: +27.9%; to 30/09/2024: +57.3%; to 30/09/2023: +23.1%; to 30/09/2022: −39.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -43.5% | -48.3% | Price |
| 2023 | +64.8% | +58.2% | Price |
| 2024 | +31.8% | +27.3% | Price |
| 2025 | +9.6% | +5.8% | Price |
| 2026 to 30/09/2026 | +28.5% | +24.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 31.94% | -20.00% |
| 3 years | 34.87% | -38.76% |
| 5 years | 32.70% | -48.24% |

## Largest fall

Volatility of Manchester & London Investment Trust PLC in pounds, annualised from weekly returns to 30/09/2026: 31.9% over 1 year, 34.9% over 3 years, 32.7% over 5 years. Largest fall in the price of Manchester & London Investment Trust PLC since October 2021, in pounds: −48.2% from 19/11/2021 to 06/01/2023. The lowest 12-month return of Manchester & London Investment Trust PLC in pounds (price only, income paid out not included) since January 2021 was −44.7% (12 months to 23/12/2022); the highest was +101.8% (12 months to 08/03/2024). On 30/09/2026 the price of Manchester & London Investment Trust PLC was 12.9% below its highest weekly close since October 2021 (19/06/2026), in pounds.

## Charges & eligibility

- ISA eligible: yes
- SIPP eligible: yes

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.