Pacific Horizon Investment Tst PLC Management Fee Arrangements (5308U)
January 18 2017 - 9:20AM
UK Regulatory
TIDMPHI
RNS Number : 5308U
Pacific Horizon Investment Tst PLC
18 January 2017
PACIFIC HORIZON INVESTMENT TRUST PLC
Legal Entity Identifier: VLGEI9B8R0REWKB0LN95
Additional regulated information required to be disclosed under
the laws of a Member State
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 2017, the annual management fee
will be charged at a rate of 0.95% 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
18 January 2017
This information is provided by RNS
The company news service from the London Stock Exchange
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