Reduction to fees

RNS Number : 0410O
NB Global Floating Rate Income Fund
30 September 2019
 


 

30 September 2019

 

NB Global Floating Rate Income Fund Limited

 

Reduction to fees

 

The Board of NB Global Floating Rate Income Fund (the "Company") are pleased to announce that, effective 1 October 2019, Neuberger Berman Europe Limited (the "Manager") has agreed to reduce their annual management fee from 0.75% to 0.65% per annum.

 

Rupert Dorey, Chairman of the Company, has commented:

 

"The Board welcomes this reduction by the Manager as part of the Board's drive to further reduce the ongoing charges." 

 

For further information please contact:

NB Global Floating Rate Income Fund                                                    +44 (0)1481 737600

Rupert Dorey, Chairman

                                                                                                                                               

Numis Securities Limited (Corporate Broker)                                        +44 (0)20 7260 1000

Hugh Jonathan                                                                                                                                        

 

 

LEI: 549300P4FSBHZFALLG04

 

ENDS

 


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