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
1.18
Ongoing charge date
31/12/2024
Management agreement
The Investment Management Agreement, the Investment Manager is entitled to a management fee from the Company, which is calculated quarterly in arrears and remains at 0.25% of NAV per quarter on that part of NAV up to and including ?1.0 billion, 0.2% of NAV per quarter on that part of NAV from ?1.0 billion to ?1.75 billion and 0.1875% of NAV per quarter on that part of NAV over ?1.75 billion.
Performance fee
No
Data provided by Morningstar.
Company documents provided by FE fundinfo.