Virtual Portfolio | Print page
Total Returns on £1000 over
Discrete performance % over
Discrete performance over
Under the terms of the Portfolio Management Agreement, Lindsell Train, acting as a delegate of the AIFM, provides discretionary portfolio management services to the Company for a periodic fee at a rate of 0.45% p.a. of the Company's market capitalisation up to a value of £ 1bn, such fee to reduce to 0.405% p.a. of the amount of the Company's adjusted market capitalisation in excess of £ 1bn. Besides, under the terms of the AIFM Agreement, Frostrow receives a periodic fee at a rate of 0.15% p.a. of the Company's market capitalisation up to £ 1bn, 0.135% p.a. of the amount in excess of £ 1bn. A fixed fee of £70,000 p.a. calculated monthly and payable monthly in arrears. Both Portfolio Management and AIFM Agreement may be terminated by either party on giving 12 months' written notice. No performance fee is payable.
© 2017 Citywire.co.uk. All Rights Reserved.