North American Income Trust plc (NAIT) ORD GBP0.05

The North American Income Trust plc is a United Kingdom-based investment trust. The Company seeks above-average dividend income and long-term capital growth, by investing in a portfolio of predominantly S&P 500 United States companies. The Company may also invest in Canadian stocks and United States mid-and-small capitalization companies to provide diversified sources of income. The Company may invest up to 20% of its gross assets in fixed-income investments, which may include non-investment-grade debt. The Company’s investment policy enables it to invest in all types of securities, including (but not limited to) equities, preference shares, debt, convertible securities, warrants, depositary receipts and other equity-related securities. It may borrow up to an amount equal to 20% of its net assets. Janus Henderson Fund Management UK Limited is the alternative investment fund manager (AIFM) and investment manager of the Company.

The company invests in a portfolio predominantly comprised of S&P 500 constituents. The company may also invest in canadian stocks and US mid and small capitalisation companies to provide for diversified sources of income. The company may invest up to 20% of its GA in fixed income investments, which may include non-investment grade debt. The investment policy is flexible, enabling it to invest in all types of securities, including (but not limited to) equities, preference shares, debt, convertible securities, warrants, depositary receipts and other equityrelated securities.

• Ongoing charge0.99%
• Annual management charge -
• Performance feeNo

Janus Henderson will receive an annual management fee of 0.55% of the Companys net asset value up to 500 million and 0.45% on net assets above 500 million.