A measure, expressed as a percentage of NAV, of the regular, recurring costs of running an investment company.
Overview
Performance
Portfolio
ESG
Dividends
Charges
Gearing
Research
Announcements
Management
Documents
Invest
Engage
Charges
0.84
Ongoing charge plus performance fee (%)
0.84
Ongoing charge date
31/12/2023
Management agreement
Management agreement with Fidelity International Ltd, terminable on six months' notice. The management fee is 0.70% of NAV p.a. with a +/- 0.20% variation based on performance relative to the Reference Index. The maximum fee that the Company will pay will be 0.90% of NAV, but if the Company underperforms against the Reference Index, the overall fee could fall as low as 0.50% of NAV.
Performance fee
Yes
Performance fee rate
0.2
Performance fee details
There is a +/- 0.20% variation fee based on performance relative to the Reference Index.
Data provided by Morningstar.
Company documents provided by FE fundinfo.