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
Management agreement terminable by either party on two years written notice. The agreement provides for a fee at a rate of 1.5% p.a. of the value of the Companys investments excluding cash and near-cash instruments (the Investment Assets) up to GBP150 million and 1% p.a. for amounts in excess of GBP150 million. The Manager is, in addition, entitled to a fee of 0.5% p.a. on the value of the Companys outstanding commitments to make investments up to a maximum value equal to the value of the Investment Assets. The Manager is entitled to receive a performance fee equal to 5% of all growth in the fully diluted NAV per share above 10% p.a. Also the high-water mark was re-setted to the net assets of the Company as at 31-Dec-06, which has become the new base Net Asset Value. The initial calculation period under the amended performance fee arrangements is a period of 18 months, commencing on 01 January 2007 and ending on 30 June 2008.
© 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.