JPMorgan Japan Small Cap G&I PLC MANAGEMENT FEE REDUCTION
22 Fevereiro 2024 - 11:35AM
RNS Regulatory News
RNS Number : 1587E
JPMorgan Japan Small Cap G&I PLC
22 February 2024
LONDON STOCK EXCHANGE
ANNOUNCEMENT
JPMORGAN JAPAN SMALL CAP GROWTH &
INCOME PLC
MANAGEMENT FEE
REDUCTION
Legal
Entity Identifier: 549300KP3CRHPQ4RF811
The Board of JPMorgan Japan Small Cap
Growth & Income plc (the 'Company') announces that, following a
review, it has reached agreement with JPMorgan Funds Limited, its
Manager, to amend the Company's investment management fee
arrangements.
With effect from 1st April 2024, the investment management fee will be charged
at the rate of 0.85% (currently 1%) per annum on the net asset
value of the Company's portfolio up to £150 million and at the rate
of 0.75% thereafter.
Based on the Company's average net
assets over the course of 2023, this would amount to an estimated
reduction in the management fee by nearly 12% while the proforma
Ongoing Charges Ratio would fall by 9.4% to 1.05% from 1st April
2024.
The fee will continue to be calculated
and paid monthly.
22nd February 2024
For further information, please
contact:
Divya Amin
For and on behalf of
JPMorgan Funds Limited - Company
Secretary
Telephone 0800 20 40 20 (or +44 1268
44 44 70)
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
MSCFLFVSFVIFFIS
Jpmorgan Japan Small Cap... (LSE:JSGI)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Jpmorgan Japan Small Cap... (LSE:JSGI)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024