Performance fees
An annual performance fee of 15% is payable if we outperform the MSCI World Net Total Return Index (MSCI) after management fees. We apply a high-water mark, so the fee is only paid for genuine outperformance.
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An annual performance fee of 15% is payable if we outperform the MSCI World Net Total Return Index (MSCI) after management fees. We apply a high-water mark, so the fee is only paid for genuine outperformance.