REG - STS Global I&G Trust - Management Fee Reduction

Sts Global Income & Growth TrustAnnouncement

Mon 07:00

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RNS Number : 7431V  STS Global Income & Growth Trust  09 March 2026

From:                    STS Global Income & Growth Trust plc
LEI:                         549300UZ1Y7PPQYJGE19

 

STS Global Income & Growth Trust plc

Management Fee Reduction

The Board of STS Global Income & Growth Trust plc (the "Company")
announces that it has agreed to a reduction in the management fees payable to
its Investment Manager, Troy Asset Management Limited ("Troy" or the
"Investment Manager").

As Investment Manager, Troy currently receives an annual management fee of
0.55% of the net assets of the Company up to £250 million and 0.50% of net
assets above £250 million. With effect from 1 April 2026, the Investment
Manager will be entitled to receive an annual management fee of 0.40% of the
net assets of the Company.

As a result of the changes the Company's ongoing charges are expected to
reduce by around 18% to approximately 0.66%.

The fee will continue to be calculated and paid quarterly in arrears.

Sarah Harvey, Chair of STS Global Income & Growth Trust plc, said:

"The Board continues to closely monitor the ongoing costs of the Company. We
are very pleased with the outcome of the constructive and collaborative
discussions we have had with Troy in respect of the ongoing fee arrangements
and believe the reduction reflects the ongoing commitment of both parties to
ensuring the costs remain competitive for investors."

 

Juniper Partners Limited

Company Secretary

 

Enquiries: 0131 378 0500

 

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