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Murray Income Trust's results showed a 9.9% NAV Total Return and 7.6% Share Price Total Return. Top contributors included ICG, Novo Nordisk, and RELX. Fund Manager, Charles Luke explains how gearing and NAV enhancements achieved through share buybacks and a newly reduced management fee set the stage for future growth. New additions to the portfolio include Haleon, Air Liquide, and Rotork.

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