Gresham House Renewable Energy VCT 1 | Charges & gearing

Data as at: 07/12/2021

Charges

AIC ongoing charge (%)

2.57

AIC ongoing charge plus performance fee (%)

2.57

AIC ongoing charge date

30/09/2020

Download the AIC ongoing charge methodology

Management agreement

The management fee payable is 1.15% p.a. of NAV. The performance fee is equal to 20% of the surplus when dividends exceed 5p per share for a financial year and 30% when dividends exceed 10p per share. The contract is terminable at a notice period of 9months.