Overview Performance Portfolio ESG Dividends Charges Gearing Research Announcements Management Documents Invest

Charges

Ongoing charge (%)
0.9
Ongoing charge plus performance fee (%)
0.9
Ongoing charge date
31/03/2024
Download the AIC ongoing charge methodology
Management agreement
The manager receives a base fee of 0.65% of NAV, also receives a performance fee. The performance fee amounts to 15% of any outperformance over the Benchmark. Its agreement with the Company may be terminated by either party giving notice of not less than 12 months.
Performance fee
Yes
Performance fee rate
15
Performance fee details
The performance fee is calculated by reference to the amount by which the NAV of Company performance has outperformed the Benchmark. The performance fee amounts to 15% of any outperformance over the Benchmark.

A measure, expressed as a percentage of NAV, of the regular, recurring costs of running an investment company.

Morningstar logo Data provided by Morningstar.

FE fundinfo logo Company documents provided by FE fundinfo.