Pembroke VCT B shares | Charges

Ongoing charge information unavailable, please check the company's annual report for details.

Download the AIC ongoing charge methodology

The Investment Manager provides services in accordance with the IMA for which it receives a management fee of 2% of the Companys NAV. The Manager has also agreed to indemnify the Company by such amount as is equal to the excess by which the Annual Running Costs of the Company exceed 0.5% of the Company’s NAV, calculated on an annual basis.The annual management fee is payable quarterly.

Yes

20

The Manager will receive a Performance Fee.It is only payable to the Manager if the cumulative realised investment gains are greater than its cumulative realised investment losses;Total Return Hurdle of 3p/year from 26 August 2020 must be achieved before a Performance Fee is paid to the Manager; the relevant Performance Fee will be calculated at each financial year-end and half-year balance sheet;If conditions are met, the fee is 20% of the excess investment gains over losses.