Management Fee Reduction

Summary by AI ^BETAClose X

STS Global Income & Growth Trust plc has announced a reduction in its management fees payable to its Investment Manager, Troy Asset Management Limited, effective from April 1, 2026. The annual management fee will decrease from a tiered structure of 0.55% up to £250 million and 0.50% above that, to a flat rate of 0.40% of net assets. This change is expected to reduce the Company's ongoing charges by approximately 18%, bringing them to around 0.66%, reflecting a commitment to competitive investor costs.

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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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