Statement re Performance Update

Aberforth Split Level Income Trust plc

Performance Update  

The Board of Aberforth Split Level Income Trust plc provides the following performance update: 

Investment Performance to 30 April 2018 (Total Return basis):

	4 months	6 months	Since Launch 2	Since Inception 2
Total assets 1	1.0%	1.3%	8.5%	5.4%
Ordinary Share Net Asset Value	1.0%	1.2%	10.0%	6.2%
Ordinary Share Price	-1.8%	-1.4%	-2.3%	n/a
Zero Dividend Preference Share Price	-0.7%	-0.1%	8.5%	n/a
Numis Smaller Companies Index (Excluding Investment Companies)	-1.4%	0.4%	7.4%	7.4%

Notes:

¹ The total assets total return is essentially the performance of the ungeared portfolio.

² When reporting performance above, “since inception” returns represent the period from 30 June 2017 and reflect the impact of certain one-off costs relating to the Company’s launch.  “Since launch” returns reflect performance from 3 July 2017 and exclude the one-off costs.

Contact: 

David Holland

For and on behalf of Aberforth Split Level Income Trust plc

Aberforth Partners LLP, Secretaries

Telephone: [phone]

11 May 2018