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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
1.01
Ongoing charge date
31/03/2026
Management agreement
The Board is pleased to announce that, effective from 31 December 2024, the investment management fee of 0.50% per annum will be calculated based on net assets rather than gross assets. Except in certain circumstances, the Management Agreement may only be terminated by the Manager upon giving 12 months' written notice to the company. The company shall be entitled to terminate the agreement by providing written notice to the Manager immediately or on the date specified in the notice. Upon receiving such notice, the Manager will be entitled to a termination fee of 1% of the gross assets (GA) of MUSCIT at the close of business on the last day of the calendar month immediately preceding the effective date of termination.
Performance fee
No
Data provided by Morningstar.
Company documents provided by FE fundinfo.
