The North American Income Trust plc (NAIT.L)
The North American Income Trust plc operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Aberdeen, GL, GB. The stock last traded at $444.00, down 0.22% on the session, giving a market capitalisation of $509.2M. Its beta of 0.87 implies it has historically moved less than the broad market.
The North American Income Trust plc, an exchange-traded fund overseen by Aberdeen Fund Managers Limited, allocates capital to public equity markets within the United States. Its strategy involves investing in the shares of large-capitalization companies, typically falling within the market capitalization range of the S&P 500 Index, across a diverse array of sectors. The portfolio benefits from an active management approach, with its performance benchmarked against the S&P 500 Index. Established in the United Kingdom on November 2, 1902, the trust was previously known as Edinburgh US Tracker Trust plc.
The North American Income Trust plc is most often compared with the following Financial Services names: