Limerick Ladies National Football League opener to be streamed live Cllr Lisa Marie SheehySINN Fein councillor Lisa Marie Sheehy has described the Good Friday Team Limerick Clean Up as a fantastic project to get people working together in a positive way. However, the public representative for Cappamore-Kilmallock said she was disappointed with the effort by the Council to address issues with signage. “I took it upon myself to clean some unreadable signage and used a clippers to remove briers that were growing over other signage. I called Team Limerick organisers to ask if I be insured cleaning signs on Good Friday and they said I would so I can’t understand why insurance would be an issue for council workers,” she said. TAGSCllr Lisa Marie SheehyGood Friday Team Limerick Clean UplimerickLimerick City and County CouncilSinn Fein Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Facebook Twitter Advertisement Email NewsLocal NewsNo insurance issue for Lisa’s big Limerick clean-upBy Alan Jacques – April 9, 2015 554 Linkedin Previous articleSinn Féin guided by history at Easter commemoration in LimerickNext articleTV – Something for the Weekend Alan Jacqueshttp://www.limerickpost.ie Print RELATED ARTICLESMORE FROM AUTHOR Predictions on the future of learning discussed at Limerick Lifelong Learning Festival WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Vanishing Ireland podcast documenting interviews with people over 70’s, looking for volunteers to share their stories WhatsApp Limerick’s National Camogie League double header to be streamed live
If the fund outperforms its benchmark after costs, the fee could rise to a maximum of 0.85%, while underperformance could reduce the fee to a minimum of 0.45%. Fidelity International has confirmed the pricing for the variable or “fulcrum” fee model to be rolled out across its equity business.The firm will introduce a new share class for 10 active equity funds in March next year, with a starting asset management charge 10 basis points cheaper than the current price.Depending on subsequent performance, measured on a rolling three-year basis, the fee will either rise or fall by a maximum of 20 basis points either side of the starting charge.Fidelity gave the example of a fund costing 0.75% a year at present. Under the new model, the ‘base level’ charge would be reduced to 0.65%. Fidelity’s fulcrum fee modelSource: Fidelity InternationalParas Anand, European CIO for equities, said: “For any client, the returns of active management are realised through long-term investing.“We believe that this new fee model allows us to demonstrate our value proposition whilst sharing the cost during periods of underperformance which all active managers, even the best, experience from time to time.“We hope, therefore, that this goes some way to incentivising clients to consider the value of active investing over the long term.”Fidelity is one of the few asset managers so far to have decided to pass on to clients the cost of third party investment research.In October, when the company first publicised its plans for the fulcrum fee model, it said the reduction in the annual management charge would be greater than the impact of research costs.In a statement today, Fidelity said this cost amounted to 0.0228% on top of the annual charge. The manager emphasised that the 10 basis point reduction was roughly four times as big as the effect of research costs.
Published on March 24, 2016 at 1:44 pm Facebook Twitter Google+ Comments