Aberforth Split Level Income Trust
{{Short description|British investment trust}}{{Use dmy dates|date=February 2024}}
{{Infobox company
| traded_as = {{lse|ASIT}}
FTSE 250 Component
| founded = {{Start date and age|df=yes|2017}}
| website = [https://www.aberforth.co.uk/trusts-and-funds/aberforth-split-level-income-trust-plc Official site]
| name = Aberforth Split Level Income Trust plc
| type = Public
| industry = Investment trust Split capital investment trust
}}
Aberforth Split Level Income Trust plc, formerly Aberforth Geared Income Trust, is an investment trust based in the United Kingdom dedicated to providing shareholders with income and capital growth.{{cite web |title=Aberforth Geared Income Trust announces proposals for reconstruction and voluntary wind up |url=https://quoteddata.com/2017/05/aberforth-geared-income-trust-announces-proposals-for-reconstruction-and-voluntary-wind-up/ |website=Quoted Data |date=21 May 2017 |publisher=Quoted Data by Marten & Co |access-date=12 February 2024}}{{cite web |title=Short-term opportunity in a small-cap trust |url=https://www.investorschronicle.co.uk/ideas/2023/09/28/exploit-this-short-term-opportunity-in-a-small-cap-trust/ |website=Investors Chronicle |access-date=12 February 2024}}
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.{{cite web |title=Factsheet |url=https://www.trustnet.com/Factsheet-PDF?pdf=https%3a%2f%2fwww2.trustnet.com%2f%2fFactsheets%2fFundFactsheetPDF.aspx%3ffundCode%3dO1F6T%26univ%3dT%26citicode%3dO16T%26Universe%3dT%26FundCode%3dO1F6T%26SectorCode%3dT%3aUSC&citicode=O16T&universe=T |website=Trustnet |access-date=12 February 2024}}
Aberforth Partners LLP manages the fund with Angus Gordon Lennox serving as the chairman since its inception in July 2017.{{cite web |title=Company data - Aberforth Split Level Income |url=https://www.theaic.co.uk/companydata/aberforth-split-level-income |website=The Association of Investment Companies |publisher=AIC |access-date=12 February 2024}} Notably, Lennox also holds the position of chairman for the Mercantile Investment Trust, managed by JPMorgan Chase.{{cite web |title=ASIT Company page |url=https://www.ivis.co.uk/search-tools/company/?id=100405 |website=Institutional Voting Information Service |publisher=IVIS |access-date=12 February 2024}}{{cite web |title=Director dealings |url=https://www.sharecast.com/news/dealings-round-up/director-dealings-mercantile-investment-trust-non-exec-buys-in--987933.html |website=ShareCast |access-date=12 February 2024}}
See also
References
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External links
- [https://www.aberforth.co.uk/trusts-and-funds/aberforth-split-level-income-trust-plc Aberforth Split Level Income Trust plc]