BlackRock World Mng Statement re Management Fee
22 October 2015 - 12:58AM
UK Regulatory
TIDMBRWM
BlackRock World Mining Trust plc
The Board of BlackRock World Mining Trust plc (the 'Company') announces that
following discussions with its Manager, BlackRock Fund Managers Limited
('BlackRock'), it has reached an agreement on a revised fee basis.
Accordingly, effective from 1 October 2015, the management fee (which includes
all services provided by BlackRock) will be 0.8% of the Company's gross assets.
Where the Company invests in other investment or cash funds managed by
BlackRock, any underlying fee is rebated.
Enquiries:
Jonathan Ruck Keene, Head of Closed End Funds Group
BlackRock Investment Management (UK) Limited - Tel: 020 7743 2178
William Simmonds
JPMorgan Cazenove Limited - Tel: 020 7155
4579
21 October 2015
END
(END) Dow Jones Newswires
October 21, 2015 09:58 ET (13:58 GMT)
Merrill Lynch World Mining (LSE:MLW)
Historical Stock Chart
From May 2024 to Jun 2024
Merrill Lynch World Mining (LSE:MLW)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Mer.L.World Mng (London Stock Exchange): 0 recent articles
More Mer.L.World Mng News Articles