A measure, expressed as a percentage of NAV, of the regular, recurring costs of running an investment company.
Overview
Performance
Portfolio
Dividends
Charges
Gearing
Research
Announcements
Management
Documents
Invest
Charges
2.39
Ongoing charge plus performance fee (%)
2.39
Ongoing charge date
30/06/2023
Management agreement
The Investment Manager will be entitled to an annual fee of 0.75% of the Net Asset Value. To the extent that the ongoing charges ratio exceeds 2% the Investment Manager has waived the management fee and shall instead make a contribution to the Company to ensure that the ongoing charges ratio does not exceed 2%.
Performance fee
No
Data provided by Morningstar.
Company documents provided by FE fundinfo.