add
+
Fee and expense metrics disclosures
The constituent elements of the metrics calculations should be disclosed annually.
| Disclosure table | Current year/ period | Prior year/period |
| TGER | ||
| NAV TGER (recommended) | ||
| REER | - |
The following notes clarify the components of each fee and expense metric and should also be read in conjunction with the classifications shown in the fees and costs matrix.
| Constituent elements | Current Year/Period (Amount & Currency) | Prior Year/Period (Amount & Currency) |
|
Ongoing management fees |
||
|
Transaction-based management fees |
||
|
Performance fees |
||
|
Vehicle costs |
||
|
Time-weighted average GAV (required) |
||
|
Time-weighted average NAV (recommended) |
There should also be a clear disclosure of all the fees charged by the manager and the activity to which they relate. A disclosure table should be presented annually providing an analysis of all components of the fees (including any element of performance fee) earned by the manager or by any other affiliate or related party of the manager, for the management of the vehicle.
| Fees earned by the investment manager | Current Year / Period (Amount & Currency) | Prior Year / Period (Amount & Currency) |
| Asset management fees | ||
| Fund management fees | ||
| Performance fees | ||
| Wind-up fees | ||
| Debt arrangement fees | ||
| Commitment fees | ||
| Subscription fees | ||
| Redemption fees | ||
| Property acquisition fees | ||
| Property disposition fees | ||
| Project management fees | ||
| Fees earned by the manager incl. in TGER | ||
| Other fees earned by the manager excl.from TGER |
The fees included in this table should be accounted for in the financial statements for the financial reporting period concerned, in accordance with accounting conventions used by the vehicle.