Gresham House Renewable Energy VCT 1 | Charges & gearing

Overview

Performance

Data as at: 15/01/2021

Company website

Charges

AIC ongoing charge (%)

2.59

AIC ongoing charge plus performance fee (%)

2.59

AIC ongoing charge date

30/09/2020

Download the AIC ongoing charge methodology

Management agreement

The management fee is 1.4% of NAV p.a. for 2018 financial year, followed by a further reduction to 1.15% p.a. thereafter, payable quarterly in advance based on the NAV of the company. 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.