Management Fee Arrangements

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 £50m of net assets, at 0.65% on the next £200m 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

 

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