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Aberforth Split Level Income Trust plc (ASIT) Ord GBP0.01

Sell:60.20p Buy:61.80p 0 Change: 3.00p (5.17%)
Market closed Prices as at close on 23 November 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:60.20p
Buy:61.80p
Change: 3.00p (5.17%)
Market closed Prices as at close on 23 November 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:60.20p
Buy:61.80p
Change: 3.00p (5.17%)
Market closed Prices as at close on 23 November 2020 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The investment objective of Aberforth Split Level Income Trust plc (ASLIT) is to provide Ordinary Shareholders with a high level of income, with the potential for income and capital growth, and to provide Zero Dividend Preference (ZDP) Shareholders with a pre-determined final capital entitlement of 127.25p on the planned winding up date of 1 July 2024. The Company aims to achieve its investment objective by investing in a diversified portfolio of securities issued by small UK quoted companies. .
Sector Weight
Industrials 40.00%
Financial Services 24.70%
Consumer Cyclical 22.82%
Communication Services 19.58%
Basic Materials 17.08%
Technology 13.31%
Real Estate 6.40%
Consumer Defensive 4.33%
Healthcare 2.90%
Utilities 2.62%
Country Weight
United Kingdom 151.12%
China 2.05%
Austria 1.65%
Egypt 0.84%

Fee Structure

Management Fee equal to 0.75% of the Total Assets of Company. No performance fee. Contract terminable on 6 months notice.

Dividend Policy

The Company will declare dividends totalling not less than GBX4 per Ord. These dividends are expected to be paid in February and August . Thereafter, dividends on the Ord are expected to be paid half-yearly normally in February and August in respect of each financial year.

ASSET SPLIT

Total number of holdings: 67.

Trust Manager

Alistair Whyte

Manager Bio

Fields of expertise: Aerospace & Defence; Diversified Industrials; Engineering & Machinery; Media & Photography; Mining; Oil & Gas; Pharmaceuticals; Steel & Other Metals.

Board Of Directors

Angus Gordon LennoxChairman, Graham Menzies, Graeme Bissett, John Fisher, Lesley Jackson

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.