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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
1.15
Ongoing charge plus performance fee (%)
1.15
Ongoing charge date
31/12/2023
Management agreement
The Investment Manager of the Company, Foresight Group CI Limited, receives an annual management fee of 1% p.a. of NAV up to GBP 500m, NAV in excess of GBP 500m is charged at 0.9% p.a.. This is payable quarterly in arrears and is calculated based on the published quarterly NAV. The Investment Manager is also entitled to be reimbursed for all out of pocket expenses under the Investment Management Agreement. It has an initial term of 4 years and contract terminable on a 12-months’ notice period.
Performance fee
No
Data provided by Morningstar.
Company documents provided by FE fundinfo.
