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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
1.37
Ongoing charge plus performance fee (%)
1.37
Ongoing charge date
31/03/2023
Management agreement
The Investment Manager will receive a management fee which will be calculated and accrue monthly at a rate equivalent to 0.9% p.a. of NAV (excluding uninvested proceeds from the Issue and subsequent fundraisings). The fee will be paid on a quarterly basis based on the prevailing NAV. Any investment by the Company into the AEW UK Core Property Fund will not be subject to management fees or performance fees otherwise charged to investors in the AEW UK Core Property Fund by the Investment Manager. The Investment Management Agreement may be terminated by the Company or the Investment Manager giving 12 months notice, such notice not to be given earlier than the first anniversary of Admission.
Performance fee
No
Data provided by Morningstar.
Company documents provided by FE fundinfo.
