Wealth Manager - the site for professional investment managers
Virtual Portfolio | Print page
Total Returns on £1000 over
Discrete performance % over
Discrete performance over
To achieve a NAV total return (with dividends reinvested) greater than on the Numis Smaller Companies Index over the long-term by investing in a diversified portfolio of small UK quoted companies.
Aberforth Partners are Managers and Secretaries to the Company and both these contracts are terminable on 6 months' notice by either party. With effect from 1-Jul-15, Aberforth Partners LLP will receive an annual management fee, payable quarterly in advance, equal to: 0.75% of the net assets of the Company up to £ 1bn, plus 0.65% of net assets of the Company greater than £1bn (if any). The secretarial fee is adjusted annually in line with the Retail Price Index and is subject to VAT which is currently irrecoverable by the Company. There are no long-term incentive schemes.