Pacific Horizon Investment Tst PLC Change in Management Fee Calculation (6729K)
17 December 2018 - 9:25PM
UK Regulatory
TIDMPHI
RNS Number : 6729K
Pacific Horizon Investment Tst PLC
17 December 2018
PACIFIC HORIZON INVESTMENT TRUST PLC
("The Company")
Legal Entity Identifier: VLGEI9B8R0REWKB0LN95
Change in Management Fee Calculation
The Board of Pacific Horizon Investment Trust PLC announces a
change in the calculation of the annual management fee payable to
its Investment Managers and Secretaries, Baillie Gifford & Co
Limited. With effect from 1 January 2019, the annual management fee
will be charged at a rate of 0.75% on the first GBP50m of net
assets, at 0.65% on the next GBP200m of net assets and at 0.55% on
the remaining net assets. The fee will continue to be calculated
and paid on a quarterly basis.
Baillie Gifford & Co Limited
Company Secretaries
17 December 2018
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END
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