Charges

Ongoing charge plus performance fee (%)
0.82
Ongoing charge date
30/04/2021
Management agreement
0.80% on NAV up to and including 2bn 0.70% on NAV between 2bn and 3.5bn 0.60% on NAV above 3.5bn
Performance fee
Yes
Performance fee rate
10
Performance fee details
Annual performance fee equal to 10% of the amount by which the increase in the adjusted NAV per share exceeds the total return on the Dow Jones World Technology Index (total return, sterling adjusted with withholding taxes removed) multiplied by the time weighted average of the number of shares in issue during that period, subject to a high water mark. The performance fee which can be paid by the company in any one performance period is capped at 1% of NA.

A measure, expressed as a percentage of NAV, of the regular, recurring costs of running an investment company.

Morningstar logo Data provided by Morningstar.

FE fundinfo logo Company documents provided by FE fundinfo.