Open main menu
Home
Random
Donate
Recent changes
Special pages
Community portal
Preferences
About Stockhub
Disclaimers
Search
User menu
Talk
Contributions
Create account
Log in
Editing
Albion
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
== Fund fees == === Overall === '''Expected annualised fee: 2.60%''' This is the expected total fee of the fund, averaged across a 5 year hold period. This figure is an estimate only and below we set out the actual fees payable. Please note this figure does not include performance fees (as they are not guaranteed to be payable). === Breakdown === '''Initial fee: 2.5%''' This fee is a one-off fee that is deducted upon investment into Albion. It is not charged on an ongoing or annual basis. '''Annual management charge: 2.07%''' This fee is the average annual management charge of the six Albion funds, paid each year to the fund manager for making and managing investments. Each fund's fee varies between 1.75%-2.5%. '''Administration charge: 0.03%''' Albion charges four of the six VCTs an annual administration charge for listed fund specific running costs, such as accounting and company secretary fees. This fee is: (i) 0.2% of NAV for Albion Enterprise VCT, (ii) Β£54,000 for Albion VCT (increased annually by RPI) and (iii) Β£50,000 for each of Kings Arm Yard VCT and Crown Place VCT. Together, across all six VCTs at last published NAV levels, these fees equate to the amount listed to the right. '''Performance fee: 15-20%''' This fee is the average performance fee across the six Albion funds. All Albion VCTs have a 20% share of profits in excess of the hurdle rate (RPI + 2% in all cases except Crown Place VCT, whose hurdle rate is the Bank of England Base Rate + 2%), except Albion VCT, Albion Technology and General VCT and Kings Arm Yard VCT, which each have a 15% performance fee. This fee is included in each fund's annual NAV calculation, so is not taken out of your returns directly.
Summary:
Please note that all contributions to Stockhub may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Stockhub:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)