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Augmentum Fintech

data as at: 27/02/2020

Charges

Company website
AIC ongoing charge (%)2.12
AIC ongoing charge plus performance fee (%)2.12
AIC ongoing charge date31/03/2019
Download the AIC ongoing charge methodology
Management agreementThe advisory fee is payable monthly in arrears at 1.5% p.a. on the first GBP 250m of NAV; 1.0% p.a. on any amounts above GBP 250m. The Investment Adviser shall be entitled to a carried interest fee in respect of the performance of any investments and follow-on investments made from admission. Each carried interest fee will operate in respect of investments made during a 24-month-period and related follow-on investments made for a further 36-month-period save that the first carried interest fee shall be in respect of investments acquired using 80% of the net proceeds of the Issue (including the Initial Portfolio), and related follow-on investments. Subject to certain exceptions, the Investment Adviser will receive, in aggregate, 15% of the net realised cash profits from the investments and follow-on investments made over the relevant period once the company has received an aggregate 10% p.a. realised return on investments and follow-on investments made during the relevant period.

Data provided by Morningstar. Company documents provided by Financial Express. 

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