Description

The National Investment Trust Limited (NITL) manages a closed-end fund that invests in a diversified of Malawi Stock Exchange listed shares and unlisted private securities. The principle objective of NITL is to provide a vehicle for the public to participate in equity investment in Malawi. The fund is a product of Malawi’s progressive privatisation policy and provides income and capital growth opportunities for investors. Financial gain from investments are tax free if held for more than a year. NITL manages a portfolio of investments with funds raised by selling units allocated according to the amount invested in the fund. The NITL manages two Unit Trusts; the NITL Local Equity Fund and the NITL Global Opportunities Fund. Both provide favourable middle- to long-term performance with controlled risk and tax-free earnings. The holding company is based in Mauritius.

The National Investment Trust Limited (NITL) is listed on the Malawi Stock Exchange

News & Corporate Announcements

The National Investment Trust Limited (NITL.mw) Share Chart

Trading Update

Activity

SalesTambala -
ValueMWK 0.00
Volume0
Market capMWK 10,126,350,000
Shares issued135,000,000

Performance

Today0.00 / 0.00%
52 week highTambala 8,601.00
52 week lowTambala 7,499.00
52 week change2.75%
Year to date0.01%

Market Info

CurrencyTambala
Founded1962
Listed21st March, 2005
Year endDecember
IndexMalawi Domestic Index (XMWDOM.mw)

Dividends