Arab Financial Consultants Announces Revision of Management Fee for FCP Iradett CEA Fund
The brokerage firm Arab Financial Consultants, in its capacity as manager of the FCP Iradett CEA fund, hereby informs the public and shareholders that its Board of Directors, which met on February 16, 2024, has decided to revise upwards the management fee paid by the fund in its favor, increasing it from 0.8% excluding tax to 1.2% excluding tax of the net assets per year.
This change will come into effect as of September 2, 2024.
