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
1.84
Ongoing charge plus performance fee (%)
1.84
Ongoing charge date
31/12/2023
Management agreement
The Company amended the Investment Management Agreement, so that the management fee will continue to be calculated at the rate of 0.875 per cent. of NAV per annum (payable monthly in arrears), but subject to a minimum fee of 33,300 payable monthly in arrears, subject to renegotiation with the Board, until the earlier of (i) the Company's liquidation; (ii) the value of the Company's portfolio (excluding cash and other liquid assets) being less than or equal to 35 million; or (iii) 31 December 2026.
Performance fee
No
Data provided by Morningstar.
Company documents provided by FE fundinfo.
