North Atlantic Smaller Cos Inv Tst plc (NAS) ORD GBP0.005

North Atlantic Smaller Companies Investment Trust plc is a United Kingdom-based closed-ended investment company. The Company's investment objective is to provide capital appreciation through investment in a portfolio of smaller companies principally based in countries bordering the North Atlantic Ocean. The Company invests in both listed and unquoted companies. It invests in various sectors, such as financial services; pharmaceuticals and health care; industrial goods and commercial services; banks; transport, travel and leisure; technology and software; consumer products and services; oil and gas; telecommunications; real estate; insurance, and automobiles and parts. It invests in the United States and United Kingdom. Winterflood Investment Trusts acts as a financial adviser for the Company.

To provide capital appreciation through investment in a portfolio of smaller companies principally based in countries bordering the North Atlantic Ocean. The Company may invest on both sides of the Atlantic and unquoted securities.

• Ongoing charge1.18%
• Annual management charge1.00% of Total Assets
• Performance feeYes

Management fee paid quarterly in advance equal to difference between a 1% p.a. based on the Funds of the shareholders and b amount payable to Growth Financial Services. Performance fee calculated as 10% of the outperformance is only payable if investment portfolio outperforms the Sterling adjusted Standard Poors 500 Composite Index, limited to 0.5% of the funds of shareholders.