-
Investment trust info:
-
Sector
Hedge Funds
-
Launch Date
27 Jul 2006
-
Base Currency
GBX
-
Domicile
Guernsey
-
Share Price (p)
-
Share Type
Ordinary Share
-
TIDM
GSDO
-
ISIN
GB00B8L0V788
-
Shares Issued (M)
120
-
Market Capital (£M)
90.99
-
Gross Assets (£M)
116.87
-
Net Assets (£M)
116.87
-
TER (%)
2.75
-
Last AGM
21 Aug 2012
-
Next AGM
21 Aug 2013
-
Last Annual Report Date
27 Apr 2012
-
Next due Report Date
31 Dec 2012
-
Next due Report Type
A/R
-
Objective:
-
Targets attractive risk adjusted absolute returns above the risk free rate with lower volatility than broad markets over a full market cycle.
-
Management Group(s):
-
Goldman Sachs Hedge Fund Strategies LLC
-
Managed by:
-
Kent Clark
Start: 27 Jul 2006
-
Omar Asali
Start: 27 Jul 2006
-
Peter Ort
Start: 26 Jul 2006
-
Management Contract & Fees:
The Investment Manager will be paid an annual management fee of 1.5% of Total Assets payable monthly (of which 0.5% is available to Qualifying Investors by way of a trail commission and, if not used, may be rebated to the Company. A performance fee is payable to the manager of 10% of the amount by which the value of the year end Total Assets attributable to each class of Shares exceeds the greatest value of the Total Assets attributable to that class of Shares at the end of the previous financial period. The agreement is terminable on 60 days notice not to be effective before the first anniversary of Admission. The Administrator is remunerated monthly in arrears at a rate of 0.06% of the NAV of the Company on each NAV calculation date, (subject to a minimum annual fee of USD 100,000 per annum). The agreement is terminable on 3 months notice. The Custodian is remunerated quarterly in arrears at an annual rate of 0.05% of the NAV of the Company on each quarterly NAV calculation date, and subject to a minimum fee of USD 20,000 per annum. The agreement is terminable on 3 months notice.
