In-depth news coverage of the strategic issues affecting investors across the globe.
Our flagship investment strategy column provides analysis of the most significant macro forces driving investment returns in the months and years ahead.
► Go to Investment Line
Investment performance data, news and analysis on funds, exchange traded funds (ETFs), investment trusts, structured products and shares.
The largest free database of fund performance information available online, with performance attribution tools for investment analysis.
Our guide to the 150 most important funds, exchange traded funds and investment trusts available in the UK.
A stock filter like no other; each month we present the top shares held by five of the UK's best fund managers.
Virtual Portfolio | Print page
Estimated NAV (p)
Share Price (p)
Total Returns on £1000 over
Discrete performance % over
Discrete performance over
The Companys Investment Manager is Hargreave Hale Limited. The investment management agreement terminates on a 12 calendar months notice, subject to earlier termination in certain circumstances. The Investment Manager receives an investment fee of 1.5% p.a. of the net asset value of the Company, calculated and payable quarterly in arrears. A performance related incentive fee will be payable at the rate of 20% of any dividends paid to shareholders in excess of 6p per ordinary share per annum, provided that the NAV per share is at least 95p. The first payment will be made after 28 February 2010 provided cumulative distributions in the first three accounting periods exceed 18p per Ord. Thereafter, a performance related incentive fee will be payable annually provided the hurdles have been exceeded, with any cumulative shortfalls below 6p per Ord having to be made up in subsequent years before the incentive fee becomes payable. Any performance related incentive fee payable will be shared equally between the Investment Manager and Keydata Investment Services Limited. The Company is in negotiations with the administrators of Keydata Investment Services Limited to determine an appropriate settlement in ending the agreement between the two parties.
© 2013 Citywire.co.uk. All Rights Reserved.Citywire Financial Publishers Ltd. is authorised and regulated by the Financial Conduct Authority no: 222178 to provide investment advice and is bound by its rules.
© 2013 Citywire.co.uk. All Rights Reserved.Citywire Financial Publishers Ltd. is authorised and regulated by the Financial ServicesAuthority no: 222178 to provide investment advice and is bound by its rules.