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
0.98
Ongoing charge plus performance fee (%)
1.18
Ongoing charge date
31/12/2023
Management agreement
The Board agreed a revised fee with the Manager, FIL Investment Services (UK) Limited, with effect from 1 July 2023. The revised fee will be 0.85% (reduced from 0.90%) on the first 1.5 billion of net assets. It will remain at 0.70% on net assets over 1.5 billion. The variable element of the fee of +/-0.20% remains unchanged
Performance fee
Yes
Performance fee rate
0.2
Performance fee details
There is +/- 0.20% variation fee based on the NAV per share performance relative to the Comparative Index.
Data provided by Morningstar.
Company documents provided by FE fundinfo.