Fidelity Special Val Management Fee Arrangements
10 July 2018 - 4:00PM
UK Regulatory
TIDMFSV
Fidelity Special Values PLC
Change in Management Fee
The Board of Fidelity Special Values PLC announces a change in the calculation
of the Company's management fee, with the introduction of a new tiered fee
arrangement.
With effect from 1 September 2018 the annual management fee payable to the
Company's Alternative Investment Fund Manager, FIL Investment Services (UK)
Limited will reduce from 0.875% of net assets and will be as follows: 0.85% on
the first GBP700m of net assets and thereafter 0.75% on the remaining net assets.
The fixed fee for non-portfolio management services will reduce from GBP600,000
per annum to GBP100,000, also with effect from 1 September 2018.
10 July 2018
Further enquiries:
Alex Denny, Head of Investment Trusts, Fidelity International 01737 834 530
Cenkos Securities (Broker) 020 7397 8900
LEI: 549300XODK7D2K2KYV43
END
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