Aberforth Split Level Income Trust
British investment trust
From Wikipedia, the free encyclopedia
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]
 | |
| Company type | Public |
|---|---|
| LSE: ASIT | |
| Industry | Investment trust Split capital investment trust |
| Founded | 2017 |
| Website | Official Webpage |
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]