Genesis Emerging Markets Fund Ld Management Fee Reduction (9595F)
May 23 2017 - 5:14AM
UK Regulatory
TIDMGSS
RNS Number : 9595F
Genesis Emerging Markets Fund Ld
23 May 2017
Genesis Emerging Markets Fund Limited ("the Fund")
Management Fee Reduction
The Board of the Fund informs shareholders that, following
discussion with Genesis Asset Managers, LLP ("the Manager"), there
is to be a reduction in the management fee the Manager is entitled
to receive from the Fund.
The new management fee will be 0.95% per annum, which is charged
on the Net Asset Value of the Fund. (The current level is 1.25% per
annum.)
This change will take effect at the start of the Fund's 2017-18
financial year, on 1(st) July 2017.
For further information, please contact:
William Simmonds / Edward Gibson-Watt - 020 7588 2828
JP Morgan Cazenove
Hélène Ploix (Chair) - 020 7201 7200
Genesis Emerging Markets Fund Limited
Jonathan Snow - 020 7201 7200
Genesis Investment Management, LLP
JPM Administration Services (CI) Limited - 01481 758 620
Company Secretary
23(rd) May 2017
This information is provided by RNS
The company news service from the London Stock Exchange
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