# North Atlantic Smaller Companies Investment Trust plc (NAS)

**Page:** https://fundology.uk/fund/nas · ISIN GB00BRDXZ870

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, NAS (North Atlantic Smaller Companies Investment Trust plc, ISIN GB00BRDXZ870) closed at £4.27 on the London Stock Exchange. Over the five years to 13/11/2026 its price changed by −12.3% (income paid out is not included), or −31.6% after UK CPIH inflation.

## Summary

North Atlantic Smaller Companies Investment Trust plc is an investment trust. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.

Latest close: **£4.27** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | NAS |
| ISIN | GB00BRDXZ870 |
| Category | Investment trusts |
| Type | Investment trust |
| Domicile | United Kingdom |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +16.99% | +12.84% | price only |
| 3 years | +17.63% | +6.28% | price only |
| 5 years | -12.32% | -31.56% | price only |

Returns: worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of North Atlantic Smaller Companies Investment Trust plc in pounds (price only, income paid out not included): 2022 −24.3%, 2023 +8.4%, 2024 −4.7%, 2025 −3.0%; 2026 to 13/11/2026 +19.6%. Returns of North Atlantic Smaller Companies Investment Trust plc in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +15.2%; to 30/09/2025: −4.1%; to 30/09/2024: +8.9%; to 30/09/2023: +6.8%; to 30/09/2022: −29.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -24.3% | -30.7% | Price |
| 2023 | +8.4% | +4.1% | Price |
| 2024 | -4.7% | -7.9% | Price |
| 2025 | -3.0% | -6.3% | Price |
| 2026 to 13/11/2026 | +19.6% | +15.8% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 16.27% | -10.19% |
| 3 years | 16.99% | -21.04% |
| 5 years | 18.14% | -35.71% |

## Largest fall

Volatility of North Atlantic Smaller Companies Investment Trust plc in pounds, annualised from weekly returns to 13/11/2026: 16.3% over 1 year, 17.0% over 3 years, 18.1% over 5 years. Largest fall in the price of North Atlantic Smaller Companies Investment Trust plc since November 2021, in pounds: −35.7% from 19/11/2021 to 14/10/2022. The lowest 12-month return of North Atlantic Smaller Companies Investment Trust plc in pounds (price only, income paid out not included) since January 2021 was −33.9% (12 months to 21/10/2022); the highest was +24.3% (12 months to 07/01/2022). On 13/11/2026 the price of North Atlantic Smaller Companies Investment Trust plc was 12.9% below its highest weekly close since November 2021 (19/11/2021), in pounds.

## Charges & eligibility

- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ISIN of NAS?**

The ISIN of NAS is GB00BRDXZ870. An ISIN identifies one exact share class of a fund; NAS is its ticker on the London Stock Exchange.

**What were NAS’s returns in each of the last five years?**

Calendar-year returns of NAS in pounds (price only, income paid out not included): 2022 −24.3%, 2023 +8.4%, 2024 −4.7%, 2025 −3.0%; 2026 to 13/11/2026 +19.6%. Past performance is not a guide to future returns.

**How has NAS done after inflation?**

Over the five years to 13/11/2026 NAS’s price changed by −12.3% (income paid out is not included), or −31.6% after UK CPIH inflation. Past performance is not a guide to future returns.

---

We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments.

Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.