Business Description
Athelney Trust plc is a UK-based investment fund founded in August 1994 and managed by Chelverton Asset Management Limited. The fund focuses on small UK companies valued at under £300 million, listed on the London Stock Exchange, AIM, or ISDX, spreading its investments across a range of industries. It targets two types of opportunity: companies that have shown steady growth in profits and dividends yet remain undervalued by the market, and companies whose share prices are low relative to the tangible assets on their books. The fund measures its results against the FTSE Small Cap Index.