Money Makers

UPDATE: NAS has continued to trade at a wide discount, although it has been repurchasing some of its shares and did a 10-for-1 share split in June 2025. It returned -12% in the year to January 2023, followed by +1% in 2024, +5% in 2025, and +3% in the year to January 2026.

North Atlantic Smaller Companies (ticker: NAS), often shortened to NASCIT, has been run by Chris Mills since 1982. Mills turns 70 later this year and he also controls about 30% of the trust's shares. Although the trust sits in the Global Smaller Companies sector, the vast majority of its holdings are listed in the UK with m...