# Manchester & London Investment Trust PLC (MNL)

**Page:** https://fundology.uk/fund/mnl · ISIN GB0002258472

## 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 13/11/2026, MNL (Manchester & London Investment Trust PLC, ISIN GB0002258472) closed at £8.10 on the London Stock Exchange. Over the five years to 13/11/2026 its price changed by +33.7% (income paid out is not included), or +4.3% 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: **£8.10** (13/11/2026).

## Key facts

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

## Past returns (periods to 13/11/2026)

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

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +1.25% | -2.34% | price only |
| 3 years | +70.53% | +54.07% | price only |
| 5 years | +33.66% | +4.33% | price only |

Returns: worked out from recorded daily closes. Inflation: UK 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 +36.6%, 2025 +6.3%; 2026 to 13/11/2026 +2.0%. Returns of Manchester & London Investment Trust PLC in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +18.0%; to 30/09/2025: +27.6%; to 30/09/2024: +57.3%; to 30/09/2023: +23.1%; to 30/09/2022: −38.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -43.5% | -48.3% | Price |
| 2023 | +64.8% | +58.2% | Price |
| 2024 | +36.6% | +31.9% | Price |
| 2025 | +6.3% | +2.6% | Price |
| 2026 to 13/11/2026 | +2.0% | -1.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 29.20% | -33.56% |
| 3 years | 35.75% | -38.76% |
| 5 years | 33.49% | -48.24% |

## Largest fall

Volatility of Manchester & London Investment Trust PLC in pounds, annualised from weekly returns to 13/11/2026: 29.2% over 1 year, 35.7% over 3 years, 33.5% over 5 years. Largest fall in the price of Manchester & London Investment Trust PLC since November 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 13/11/2026 the price of Manchester & London Investment Trust PLC was 30.5% below its highest weekly close since November 2021 (19/06/2026), in pounds.

## Charges & eligibility

- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ISIN of MNL?**

The ISIN of MNL is GB0002258472. An ISIN identifies one exact share class of a fund; MNL is its ticker on the London Stock Exchange.

**What were MNL’s returns in each of the last five years?**

Calendar-year returns of MNL in pounds (price only, income paid out not included): 2022 −43.5%, 2023 +64.8%, 2024 +36.6%, 2025 +6.3%; 2026 to 13/11/2026 +2.0%. Past performance is not a guide to future returns.

**How has MNL done after inflation?**

Over the five years to 13/11/2026 MNL’s price changed by +33.7% (income paid out is not included), or +4.3% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.