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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
1.14
Ongoing charge date
31/12/2024
Management agreement
The Manager is entitled to a base fee of 1.2% p.a., 1.0% p.a. where the NAV/market cap is between GBP 750m and GBP 1.5bn, 0.9% p.a. where it is between GBP 1.5bn and GBP 2.75bn and 0.8% p.a. where it exceeds GBP 2.75bn. The base fee payable in respect of each quarter will be calculated on the equal weighting of: (i) the average daily market capitalisation of the Company during that quarter and, (ii) the most recently published NAV.
Performance fee
No
Data provided by Morningstar.
Company documents provided by FE fundinfo.
