Baillie Gifford adjusts management fees on US Growth Trust

Came into effect 1 September

clock • 1 min read
The changes introduce a tiered fee system based on AUM
Image:

The changes introduce a tiered fee system based on AUM

Baillie Gifford has reduced the annual management fee on its US Growth Trust, which now exceeds £1bn in assets.

From 1 September 2021, an annual management fee of 0.70% will apply on the first £100m of net assets, 0.55% on the next £900m of net assets and 0.50% for net assets in excess of £1bn. The US Growth...

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