Ashoka WhiteOak Emerging Markets | Charges

1.9

31/03/2025

Download the AIC ongoing charge methodology

Under the terms of the Investment Management Agreement, no fixed management fee is payable by the Company to the Investment Manager. The Investment Manager is entitled to an Alpha Fee, payable in Ordinary Shares subject to meeting the relevant performance criteria. The Alpha Fee will be measured over consecutive, discrete performance periods of three years. The first Performance Period will start on the earlier of (i) 30 Business Days following Initial Admission and (ii) the date on which more than 70 per cent. of the Net Issue Proceeds have been invested, and will end on the balance sheet date of the Company’s third annual financial results in 2026 (being 31 March 2026). Each subsequent Performance Period thereafter spans three years and ends on the balance sheet date of the Company's annual financial results in each third year (the next being in 2029).

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