Overview Performance Portfolio ESG Dividends Charges Gearing Research Announcements Management Documents Invest

Charges

Ongoing charge (%)
0.86
Ongoing charge plus performance fee (%)
0.86
Ongoing charge date
31/12/2022
Download the AIC ongoing charge methodology
Management agreement
Under the investment management agreement, the investment manager will receive a base management fee of 0.55% p.a. of the Groups NAV and reduced to 0.525% p.a. on asset between GBP 1.5bn and GBP 2bn and 0.5% of NAV in excess of GBP 2bn. The fees of any managing agents appointed by the investment manager are payable out of the management fee. The investment management agreement may be terminated by either party by giving not less than six months notice.
Performance fee
No

A measure, expressed as a percentage of NAV, of the regular, recurring costs of running an investment company.

Morningstar logo Data provided by Morningstar.

FE fundinfo logo Company documents provided by FE fundinfo.