30 Sep 2019 07:00
RNS Number : 0410O
NB Global Floating Rate Income Fund
30 September 2019
30 September 2019
NB Global Floating Rate Income Fund Limited
Reduction to fees
The Board of NB Global Floating Rate Income Fund (the "Company") are pleased to announce that, effective 1 October 2019, Neuberger Berman Europe Limited (the "Manager") has agreed to reduce their annual management fee from 0.75% to 0.65% per annum.
Rupert Dorey, Chairman of the Company, has commented:
"The Board welcomes this reduction by the Manager as part of the Board's drive to further reduce the ongoing charges."
For further information please contact: NB Global Floating Rate Income Fund +44 (0)1481 737600 Rupert Dorey, Chairman
Numis Securities Limited (Corporate Broker) +44 (0)20 7260 1000 Hugh Jonathan
LEI: 549300P4FSBHZFALLG04
ENDS |
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