Aberforth Split Level Income Trust: Difference between revisions

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”’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.<ref>{{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}}</ref><ref>{{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}}</ref>

”’Aberforth Split Level Income Trust plc”’, formerly ”’Aberforth Geared Income Trust”’, is [[investment trust]] [[shareholders]].<ref>{{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}}</ref><ref>{{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}}</ref>

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.<ref>{{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}}</ref>

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.<ref>{{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}}</ref>


Latest revision as of 14:27, 29 January 2026

British investment trust

Aberforth Split Level Income Trust plc, formerly Aberforth Geared Income Trust, is a British investment trust managed by Aberforth Partners, focused on income and capital growth for shareholders.[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]

In June 2024, shareholders approved a special resolution to place Aberforth Split Level Income Trust plc into members’ voluntary liquidation, with the assets transferred to Aberforth Geared Value & Income Trust plc under a scheme of arrangement.[7]

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