Aberforth Split Level Income Trust

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Aberforth Split Level Income Trust
Company typePublic company
LSEASIT
FTSE 250 Component
IndustryInvestment trust Split capital investment trust
Founded2017; 7 years ago (2017)
WebsiteOfficial site

Aberforth Split Level Income Trust plc (LSEASIT) formerly Aberforth Geared Income Trust plc is an investment trust based in the United Kingdom dedicated to providing shareholders with income and capital growth.[1][2]

The fund operates as a split capital investment trust featuring two classes of shares available on the London Stock Exchange, Ordinary Shares and Zero Dividend Preference (ZDP) shares.[3]

Aberforth Partners LLP manages the fund with Angus Gordon Lennox serving as the chairman since its inception in July 2017.[4] Notably, Lennox also holds the position of chairman for the Mercantile Investment Trust, managed by JPMorgan Chase.[5][6]

See also[edit]

References[edit]

  1. ^ "Aberforth Geared Income Trust announces proposals for reconstruction and voluntary wind up". Quoted Data. Quoted Data by Marten & Co. 21 May 2017. Retrieved 12 February 2024.
  2. ^ "Short-term opportunity in a small-cap trust". Investors Chronicle. Retrieved 12 February 2024.
  3. ^ "Factsheet". Trustnet. Retrieved 12 February 2024.
  4. ^ "Company data - Aberforth Split Level Income". The Association of Investment Companies. AIC. Retrieved 12 February 2024.
  5. ^ "ASIT Company page". Institutional Voting Information Service. IVIS. Retrieved 12 February 2024.
  6. ^ "Director dealings". ShareCast. Retrieved 12 February 2024.

External links[edit]