Overview Performance Portfolio Dividends Charges Gearing Research Announcements Management Documents Invest

Charges

Ongoing charge (%)
1.29
Ongoing charge plus performance fee (%)
1.29
Ongoing charge date
31/12/2024
Download the AIC ongoing charge methodology
Management agreement
Under the terms of the Investment Management Agreement, the Investment Manager will be entitled to fees equal to 1% of the NAV p.a. on the first GBP 750m of the Company’s NAV and 0.9% on such part of the Company’s NAV above this. The Management Fee is payable quarterly in arrears and is exclusive of any value added tax (or equivalent), which shall be added where applicable.The Company can terminate the Investment Manager’s appointment on 12 months notice.
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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