Common use of Management Fees Clause in Contracts

Management Fees. For providing investment management services to the Company, the Manager will receive a fee of up to 2% of AUM, subject to a fixed annual minimum fee or a monthly fixed fee as agreed from time to time. This fee is an annual fee and will be paid monthly in arrears and may be reduced by agreement in writing between the Manager and the Company from time to time. The Manager may in the future establish different share classes, with each class attracting different management fees.

Management Fees. For providing investment management services to the Company, the Manager will receive a fee of up to 22.00% of AUMAUM per annum, subject to a fixed annual minimum fee or a monthly fixed fee as agreed from time to timeexcluding VAT. This fee is an annual fee and will be paid monthly in arrears and may be reduced by agreement in writing between the Manager and the Company from time to time. The Manager may in the future establish different share classes, with each class attracting different management fees.

Management Fees. For providing investment management services to the Company, the Manager will receive a an annual fee of up to 21.50% of AUM, subject to a fixed annual minimum fee or a monthly fixed fee as agreed from time to timefee. This fee is an annual fee and will be paid monthly in arrears and may be reduced by agreement in writing between the Manager and the Company from time to time. The Manager may in the future establish different share classes, with each class attracting different management fees.

Management Fees. For providing investment management services to the Company, the Manager will receive a fee of up to 21.5% of AUM, subject to a fixed annual minimum fee or a monthly fixed fee as agreed from time to time. This fee is an annual fee and will be paid monthly in arrears and may be reduced by agreement in writing between the Manager and the Company from time to time. The Manager may in the future establish different share classes, with each class attracting different management fees.

Management Fees. For providing investment management services to the Company, the Manager will receive a fee of up to 21% of AUM, subject to a fixed annual minimum fee or a monthly fixed fee as agreed from time to time. This fee is an annual fee and will be paid monthly in arrears and may be reduced by agreement in writing between the Manager and the Company from time to time. The Manager may in the future establish different share classes, with each class attracting different management fees.