Miton UK Microcap Trust cuts fees as portfolio outperforms
Positive return mirrors benchmark’s negative

Miton UK Microcap Trust has risen 19.1% year-to-date
Miton UK Microcap Trust has cut its annual management fee in response to outperformance driving a widening discount to net asset value (NAV) on its share prices.
As of 1 September, the annual management fee for the trust has been reduced from 1% to 0.9% of NAV per annum. Why the UK 'could be set for particular attention' when investors return to equities ...
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