Athelney Trust plc

Athelney Trust plc is a closed-ended equity mutual fund launched and managed by Chelverton Asset Management Limited. It invests in UK public equity markets, focusing on small-cap companies with a market capitalization below £300m that are either fully listed on the London Stock Exchange or traded on AIM or ISDX. The trust allocates assets in two main ways: to companies whose profits and dividends have grown steadily but whose market rating remains low, and to companies whose share prices are low relative to the value of land, buildings, or cash on their balance sheets. It benchmarks its portfolio against the FTSE Small Cap Index. Athelney Trust plc was formed in August 1994 and is domiciled in the United Kingdom.