Note:
Dividends are paid from capital and income, however the figures published are based on income only which is usually around 1/3 of the total dividend.
Management agreement:
F&C Asset Management plc provides investment management services to the Company. F&C Asset Management receives a quarterly fee, payable in advance, at the rate of 0.2% of the value of funds under management, excluding the value of any funds managed by F&C Asset Management and 50% of the value of funds managed by other managers. This agreement is terminable by either party on 12 months notice.
