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Charges

Ongoing charge (%)
1.4
Ongoing charge plus performance fee (%)
1.4
Ongoing charge date
30/04/2023
Download the AIC ongoing charge methodology
This company is a fund of funds.
Management agreement
The management fee is calculated at a rate of 0.65% p.a. of the adjusted market capitalisation, valued at the close of business on the last business day of each month. The management contract is subject to termination by the Company on six months notice. A performance fee is only payable in the future by the Company in respect of the realisation of assets in any Realisation Pool or the realisation of assets where the Company as a whole moves to a realisation basis. In such cases the performance fee will be 15% of all cash realised and returned to shareholders in excess of a hurdle of 3-month SONIA plus 5%.
Performance fee
No

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

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