Alternative Liquidity Fund (LSE:ALF) - Investment trust price


Investment Trust Report

Alternative Liquidity Fund Limited ALF

Fees And Expenses

Annual Charges
Stated Management FeeManagement fee fixed at-Millions per Annum
Ongoing Charge (2020)3.50%
Management Fee SummaryThe manager is entitled to a fixed fee of US 500,000 p.a. payable quarterly in advance and is also entitled to a realisation fee of 5% of the cash distributed to Shareholders. The Investment Management Agreement can be terminated by either party in writing giving no less than three months’ notice.
Tax Free Savings Schemes
In-house ISA schemeNo

Costs and Charges

How Much Does it Cost?*
Based on investing USD 10,000 in this fund over a 5 years period with an expected return of 5%
The investment would be worth USD 11,135.03 and Total fees would be USD 1,443.37
If no fees were charged the investment would be worth USD 12,762.82, this means your growth rate would be 27.63%
 
Average breakdown of fees per year:
Fund %
Ongoing Cost2.76
Performance Fee0.00
Transaction Fee0.00
Morningstar Fee Rating
Morningstar Fee level compares a fund’s fees with the fees of similar funds. The list is sorted from lowest to highest then is broken into 5 equal sections:- Low, Below Average, Average, Above Average and High. Funds are labelled accordingly.
 
 
 
 
 
 
 
 
 
 
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Purchase Details

Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
In-house ISA schemeNo
UCITS-
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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