Aberforth Smaller Companies Trust plc

Share Price, NAV & Performance

Share price, NAV, historic performance and gearing

Table of Contents

Price Ordinary Shares

Latest Net Asset Value & Financial Information
All data as at 25 May 2022 Values
Ordinary Share NAV 1,508.74p
Market value of investments £1,346.5m
Total Shareholders' funds £1,309.3m
Gearing 2.8%

Notes

Ordinary Share NAV includes current year revenue.
Past performance is not a guide to future performance, or a reliable indicator of future results or performance.

Past Performance

Discrete %
Period Share Price NAV NSCI (XIC)
1 Year to 30/04/2022 (7.7) (1.6) (7.4)
1 Year to 30/04/2021 71.7 69.9 55.9
1 Year to 30/04/2020 (27.2) (28.9) (20.1)
1 Year to 30/04/2019 (6.6) (7.1) (3.4)
1 Year to 30/04/2018 12.9 10.4 7.1
Compound %
Period to 30 April 2022 Share Price NAV NSCI (XIC)
2 years 25.9 29.3 20.1
3 years 4.9 5.9 4.9
4 years 1.9 2.5 2.7
5 years 4.0 4.0 3.6
10 years 11.0 10.2 9.2
15 years 6.8 6.6 6.7
Inception 12.0 12.4 10.1
Cumulative %
Period to 30 April 2022 Share Price NAV NSCI (XIC)
2 years 58.4 67.1 44.3
3 years 15.3 18.8 15.3
4 years 7.7 10.4 11.4
5 years 21.5 21.8 19.3
10 years 183.7 165.0 140.2
15 years 169.5 160.8 166.1
Inception 3,358.5 3,767.9 1,972.9

Notes

NAV = the Trust's net asset value per Ordinary Share with dividends reinvested.

NSCI (XIC) = capital appreciation on the Numis Smaller Companies Index (Excluding Investment Companies) with dividends reinvested. This comprises the bottom 10% of all UK quoted companies by market value which at 1 January 2022 included some 337 companies, the largest market capitalisation of which was £1,640m and the aggregate market capitalisation of which was £156bn.

Price = the Trust's Ordinary Share price with dividends reinvested.

Launch = 10 December 1990.

Past performance is not a guide to future performance, or a reliable indicator of future results or performance.

Gearing

Investment Trusts may borrow money in order to make further investments. This is known as "gearing". The effect of gearing can enhance returns to shareholders in rising markets but will have the opposite effect on returns in falling markets.

The Trust has a bank debt facility of £130m which may be used as gearing at any time.