Baronsmead Second Venture Trust | Charges

2.86

This company may have paid a performance fee to its manager in the last accounting period. Please check the company's annual report for details.

31/03/2024

Please note the charges above have been taken from the company's own literature, and do not represent the AIC ongoing charge methodology. Please check the company's annual report for details.

Download the AIC ongoing charge methodology

The Manager is paid an annual management fee equivalent to 2.5% of the Company’s net assets which is paid quarterly in arrears. A performance fee is payable to the Manager when the total return on net proceeds of the ordinary shares exceeds 8% per annum (simple) on net funds raised. The performance fee payable in any one year is capped at 5% of net assets. To the extent that the total return exceeds the threshold, a performance fee (plus VAT) will be paid to the Manager of 10% of the excess.

Yes

10

A performance fee is payable to the Manager when the total return on net proceeds of the ordinary shares exceeds 8% p.a. on net funds raised. The performance fee payable in any one year is capped at 5% of net assets. To the extent that the total return exceeds the threshold, a performance fee (plus VAT) will be paid to the Manager of 10% of the excess.