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Aberforth Smaller Cos agrees revised management fees

13 May 2015 09:57

Aberforth Smaller Companies Trust has agreed a revised tariff with its investment manager, Aberforth Partners LLP.

With effect from 1 July, Aberforth Partners LLP will receive an annual management fee, payable quarterly in advance, equal to: 0.75% of the net assets of the company up to £1bn, plus 0.65% of net assets of the company greater than £1bn (if any).

At 9:57am: (LON:ASL) Aberforth Smaller Companies Trust Plc share price was +1.5p at 1133.5p

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Related Company: ASL

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