Company search
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
Ongoing charge plus performance fee (%)
1.5
Ongoing charge date
30/11/2023
Management agreement
The Investment Management Fee shall be calculated as at the relevant month end based on the lower of: (i) NAV; and (ii) Market Cap at the relevant time . The monthly Investment Management Fee shall be equal to 1/12th of the aggregate of: (i) 1%. of Fund Value up to and including GBP 500m; (ii) 0.85%. of Fund Value over GBP 500 m and up to and including GBP 1b; and (iii) 0.75%. of Fund Value over GBP 1b. The IMA may be terminated by either party by giving to the other not less than 12 months' notice in writing.
Performance fee
No
Data provided by Morningstar.
Company documents provided by FE fundinfo.
