Athelney Trust plc operates as a closed-end investment fund, overseen by Chelverton Asset Management Limited. It primarily directs its investments towards publicly traded companies within the United Kingdom equity markets, seeking opportunities across a diverse range of sectors. The fund specifically targets small-capitalization companies, defined as those with a market value below £300 million, which are either fully listed on the London Stock Exchange or traded on AIM or ISDX. The Trust employs a two-pronged investment strategy: first, it identifies companies that have achieved consistent growth in profits and dividends but whose market valuation has remained low; and second, it focuses on businesses whose share prices appear undervalued relative to their underlying assets like land, buildings, or cash shown on their balance sheets. Its investment returns are benchmarked against the FTSE Small Cap Index. Athelney Trust plc was incorporated in August 1994 and is domiciled in the United Kingdom.
