Dividend Reinvestment Plan (“DRP”)

Each of the NAOS LICs runs a Dividend Reinvestment Plan (DRP). Participation in the DRP lets you reinvest dividends into additional shares, boosting your investment without brokerage fees. Key features include:

• Effortless Way to Increase Shareholdings - shareholders can increase their shareholding by reinvesting dividends back into the Company for additional shares with little to no effort at all.
• Cost-Free Investing – shareholders do not need to pay brokerage or any additional fees for the purchase and/or administration of new shares issued through a DRP.
• No Dilutionary Share Issues - when shares are trading at a discount to NTA, DRP shares are purchased on-market to ensure this capital management activity is completed without any dilution for existing shareholders.
• Compounding Returns: Reinvested dividends grow your shareholding over time, supporting long-term wealth creation.