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Total Returns on £1000 over
Discrete performance % over
Discrete performance over
A monthly management fee is payable on the last Business Day of the month, or on the date of termination of the Investment Management Agreement by the Company to TwentyFour of 0.75% p.a. of lower of NAV and market cap. Manager is also entitled to a commission of 0.15% of the aggregate gross offering proceeds plus any applicable VAT in relation to any issue of new Shares, following Admission, in consideration for marketing services that it provides to the Company, which is payable on the last Business Day of the month, or on the date of termination of the Investment Management Agreement. The Investment Management Agreement may be terminated by either party giving not less than 12 months' notice.