MOMENTUM MULTI-ASSET VALUE TRUST PLC

Notice of Dividend Amount • May 24, 2022

National Storage Mechanism | Additional information

RNS Number : 5121M

Momentum Multi-Asset Value Trust

24 May 2022

To:                          RNS

From:                    Momentum Multi-Asset Value Trust plc

LEI:                         213800OQTUSRFDIL9L29

Date:                     24 May 2022

Announcement of Fourth Interim Dividend

Momentum Multi-Asset Value Trust plc, which seeks to apply a value lens to identify the most compelling investment opportunities across a highly diversified range of asset classes, has today declared a fourth interim dividend in respect of the year ended 30 April 2022 of 2.16p per share, which will be payable on 20 June 2022 to shareholders on the register on 6 June 2022, with an ex-dividend date of 1 June 2022.

The increase in the fourth interim dividend to 2.16p per share represents a total increase in dividends for the financial year to 30 April 2022 of 7.1% compared to the previous year (7.20p per share v 6.72p per share). The Board has previously made clear its intention to increase dividends by at least inflation over a typical investment cycle. The total dividend of 7.20p per share for the year represents an increase of 17.3% over five years which compares to inflation of 16.6% over the same period, as measured by the CPI.

It is the Board's intention, barring unforeseen circumstances, to at least maintain the aggregate dividends for the year to 30 April 2023 at 7.20p per share, meaning a quarterly rate of 1.80p per share. Given the outlook for inflation, it is very likely the fourth interim dividend next year will be higher than 1.80p per share consistent with the Board's intention to increase dividends by at least inflation over the longer run.

Enquiries:

Juniper Partners Limited, Company Secretary	0131 378 0500
Steve Hunter, Momentum Global Investment Management Limited	0151 906 2481
	07470 478974
Gary Moglione, Momentum Global Investment Management Limited	0151 906 2461
	07469 852685
Sally Walton, SEC Newgate (media enquiries)	020 3757 6872
	07961 463864

About Momentum Multi-Asset Value Trust plc

Momentum Multi-Asset Value Trust plc ("MAVT" or the "Company") is a UK investment trust, listed on the London Stock Exchange with net assets of £57.7 million (as at 30 April 2022).

MAVT is managed by Momentum Global Investment Management which has a boutique culture and more than 20 years' experience in multi-asset and value investing. The Company's management team employs a "refined value" bottom up, deeply researched investment approach. Value investing is a process which is traditionally applied to equity investment. MAVT's manager seeks to refine and apply the value identification process across a highly diversified range of asset classes, including global equities, credit and specialist assets (such as property, infrastructure, financial investment vehicles, private equity and music royalties), and defensive assets (such as gold), seeking the most compelling investment opportunities wherever they can be found. Responsible investment considerations also form an integral part of the investment philosophy and ESG considerations are implemented throughout the investment process.

Over a typical investment cycle of between 5 and 10 years, MAVT seeks to achieve a total return of at least CPI plus 6% per annum after costs with low volatility and aims to increase the dividends paid to shareholders at least in line with inflation over the longer run.

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