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Total Returns on £1000 over
Discrete performance % over
Discrete performance over
To outperform 3-month LIBOR plus 3% over the longer term (performance measured on a rolling 3 year basis), with low volatility and to provide the prospect of capital and income growth, through investment in a multi-asset portfolio.
Under the terms of the Management Agreement, with effect from 1-Jul-14, the Manager is entitled to receive an annual management fee of 0.65% of the Company's market capitalisation above £ 50m and remain at 0.9% up to that level (previously it was at a flat rate of 0.9%) and there is no performance fee. The Management Agreement is terminable on 12 months' notice.