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
Ongoing charge plus performance fee (%)
1.3
Ongoing charge date
31/12/2022
Management agreement
Management fee of 0.75% p.a. of the NAV that is less than or equal to EUR 1.25bn; plus 0.60% p.a. of the NAV that is more than EUR 1.25bn. The investment management agreement is for an initial term of two years, terminable by giving not less than notice period of 12 months.
Performance fee
No
Data provided by Morningstar.
Company documents provided by FE fundinfo.