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
Charges
1.17
Ongoing charge plus performance fee (%)
1.17
Ongoing charge date
31/03/2023
Management agreement
The annual fee is 0.45% p.a. up to GBP100m and 0.40% p.a. over GBP100m of the net assets, calculated monthly and paid quarterly. The fee is allocated 50% to revenue and 50% to capital. The agreement is terminable on no less than notice period of 6 months from either side.
Performance fee
No
Data provided by Morningstar.
Company documents provided by FE fundinfo.