Last checked at 2 Jun 2017 12:49
POLAR CAPITAL TECHNOLOGY TRUST PLC
Legal Entity Identifier: 549300TN1O5392UC4K19
2nd June 2017
Net Asset Value
As at close of business on 1st June 2017 the unaudited net asset value per share, calculated in accordance with the AIC formula (including current year deficit and based on bid market values) was 1,009.83p.
Polar Capital Technology Trust plc may pay a performance fee to its investment manager, Polar Capital LLP, which would be payable at the year end, as a result of outperformance over the benchmark index, if the NAV per share (after adjusting for share buy backs and issuance and any accrual for the performance fee) exceeds the benchmark-adjusted high water mark.
For the purposes of calculating the performance fee, the NAV adjusted as described above is 1,011.57p per share.
The high water mark is the higher of the benchmark-adjusted NAV per share when the last performance fee was paid or the benchmark-adjusted NAV per share at the previous year end.
The current benchmark-adjusted high water mark is 1,002.01p.
The performance fee, if payable, will be accrued daily.
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For further information, please call:
Patrick Stuff
Investment Trust Operations Department
Polar Capital Partners Limited
Tel: 020 7227 2700
www.polarcapitaltechnologytrust.co.uk