Wealth Manager - the site for professional investment managers
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To provide investors with a high level of capital growth
The Investment Manager receives a monthly fee, payable in arrears, equal to 1.5% p.a. of the total assets at the last business day of the month. For its secretarial and administrative services the Manager receives an annual fee of GBP75,000 (plus VAT). The investment management, administration and secretarial services agreement may only be terminated on receipt of two years notice. The Directors reviewed and updated the terms of this agreement in 2006.