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To provide investors with a sustainable and increasing dividend together with the potential for capital growth over the long-term from investing in a diversified portfolio of predominantly UK ground based solar assets.
The Investment Manager of the Group, Foresight Group CI Limited, receives an annual fee of 1% of the Net Asset Value of the Group. This is payable quarterly in arrears and is calculated based on the published quarterly NAV. The Investment Manager is also entitled to be reimbursed for all out of pocket expenses under the Investment Management Agreement. It has an initial term of 4 years and contract terminable on a 12-months' notice period.