{"id":149380,"date":"2020-05-12T17:12:16","date_gmt":"2020-05-12T17:12:16","guid":{"rendered":"https:\/\/www.bnreport.com\/rm-secured-direct-lending-sets-new-investment-management-fee\/"},"modified":"2020-05-12T17:12:16","modified_gmt":"2020-05-12T17:12:16","slug":"rm-secured-direct-lending-sets-new-investment-management-fee","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/","title":{"rendered":"RM Secured Direct Lending sets new investment management fee"},"content":{"rendered":"<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:RMDL\/RM-Secured-Direct-Lending\/\" rel=\"noreferrer noopener\" target=\"_blank\">RM Secured Direct Lending<\/a> PLC (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:RMDL\/RM-Secured-Direct-Lending\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:RMDL<\/a>) says shareholders will pay reduced charges as net asset value rises after a change to the investment management fee.<\/p>\n<p>Edinburgh-based investment manager RM Capital Markets will now be entitled to a fee of 0.875% of the prevailing net asset value in the event that the prevailing NAV is up to or equal to \u00a3250mln.<\/p>\n<p><strong><a href=\"https:\/\/www.proactiveinvestors.co.uk\/companies\/news\/918094\/income-inequality-which-companies-are-still-paying-dividends-918094.html\" rel=\"noreferrer noopener\" target=\"_blank\">READ: Income inequality \u2013 which companies are still paying dividends<\/a><\/strong><\/p>\n<p>If the NAV is between \u00a3250mln and \u00a3500mln the fee will be calculated at 0.800% and if and when NAV rises above \u00a3500mln the fee falls to 0.750%.<\/p>\n<p>The previous management fee was calculated at the rate of 0.875% of the prevailing NAV, or 0.5% if NAV was less than \u00a375mln.<\/p>\n<p>NAV ended December at \u00a3119.5mln, up from \u00a395.7mln over last year, RMDL said in its <strong><a href=\"https:\/\/www.proactiveinvestors.co.uk\/companies\/news\/917847\/rm-secured-direct-lending-says-opportunities-will-arise-in-2020-917847.html\" rel=\"noreferrer noopener\" target=\"_blank\">results last month<\/a><\/strong>.<\/p>\n<p>Also, the agreement now obliges the investment manager to apply up to 10% of the management fee received quarterly subscribing and\/or purchasing shares in the trust, with a minimum of \u00a310,000, starting in the current quarter.<\/p>\n<p>The appointment of the investment manager is now also subject to 12 months&#039; notice provided such notice cannot be given earlier than 1 April 2023.<\/p>\n<p>Norman Crighton, chairman <a href=\"https:\/\/www.proactiveinvestors.co.uk\/companies\/news\/919423\/rm-secured-direct-lending-sets-new-investment-management-fee-919423.html\" rel=\"noreferrer noopener\" target=\"_blank\">Read More \u2013 Source<\/a><br \/>\n[contf]<br \/>\n[contfnew]<br \/>\n        <img decoding=\"async\" src=\"https:\/\/webfiles.thecse.com\/PRO_LOGO_P_COLOUR.png?sYToe11NLbcXiyGkVa5syF9WB04cy98G\" \/><\/p>\n<h5><a href=\"https:\/\/www.proactiveinvestors.co.uk\/\" rel=\"noreferrer noopener\" target=\"_blank\">Proactiveinvestors<\/a><\/h5>\n<p>[contfnewc]<br \/>\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RM Secured Direct Lending PLC (LON:RMDL) says shareholders will pay reduced charges as net asset val..<\/p>\n","protected":false},"author":1,"featured_media":149381,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-149380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RM Secured Direct Lending sets new investment management fee - Business News Report<\/title>\n<meta name=\"description\" content=\"RM Secured Direct Lending PLC (LON:RMDL) says shareholders will pay reduced charges as net asset val..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RM Secured Direct Lending sets new investment management fee - Business News Report\" \/>\n<meta property=\"og:description\" content=\"RM Secured Direct Lending PLC (LON:RMDL) says shareholders will pay reduced charges as net asset val..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-12T17:12:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/05\/1589295688_2020-05-12-16-01-28_cbbb12df66b7727f1156163edb70504c.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"977\" \/>\n\t<meta property=\"og:image:height\" content=\"452\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/rm-secured-direct-lending-sets-new-investment-management-fee\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/rm-secured-direct-lending-sets-new-investment-management-fee\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"RM Secured Direct Lending sets new investment management fee\",\"datePublished\":\"2020-05-12T17:12:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/rm-secured-direct-lending-sets-new-investment-management-fee\\\/\"},\"wordCount\":211,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/rm-secured-direct-lending-sets-new-investment-management-fee\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/1589295688_2020-05-12-16-01-28_cbbb12df66b7727f1156163edb70504c.jpg\",\"articleSection\":[\"Politics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/rm-secured-direct-lending-sets-new-investment-management-fee\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/rm-secured-direct-lending-sets-new-investment-management-fee\\\/\",\"name\":\"RM Secured Direct Lending sets new investment management fee - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/rm-secured-direct-lending-sets-new-investment-management-fee\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/rm-secured-direct-lending-sets-new-investment-management-fee\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/1589295688_2020-05-12-16-01-28_cbbb12df66b7727f1156163edb70504c.jpg\",\"datePublished\":\"2020-05-12T17:12:16+00:00\",\"description\":\"RM Secured Direct Lending PLC (LON:RMDL) says shareholders will pay reduced charges as net asset val..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/rm-secured-direct-lending-sets-new-investment-management-fee\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/rm-secured-direct-lending-sets-new-investment-management-fee\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/rm-secured-direct-lending-sets-new-investment-management-fee\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/1589295688_2020-05-12-16-01-28_cbbb12df66b7727f1156163edb70504c.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/1589295688_2020-05-12-16-01-28_cbbb12df66b7727f1156163edb70504c.jpg\",\"width\":977,\"height\":452},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/rm-secured-direct-lending-sets-new-investment-management-fee\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RM Secured Direct Lending sets new investment management fee\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics &amp; Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"RM Secured Direct Lending sets new investment management fee - Business News Report","description":"RM Secured Direct Lending PLC (LON:RMDL) says shareholders will pay reduced charges as net asset val..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/","og_locale":"en_US","og_type":"article","og_title":"RM Secured Direct Lending sets new investment management fee - Business News Report","og_description":"RM Secured Direct Lending PLC (LON:RMDL) says shareholders will pay reduced charges as net asset val..","og_url":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2020-05-12T17:12:16+00:00","og_image":[{"width":977,"height":452,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/05\/1589295688_2020-05-12-16-01-28_cbbb12df66b7727f1156163edb70504c.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"RM Secured Direct Lending sets new investment management fee","datePublished":"2020-05-12T17:12:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/"},"wordCount":211,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/05\/1589295688_2020-05-12-16-01-28_cbbb12df66b7727f1156163edb70504c.jpg","articleSection":["Politics"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/","url":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/","name":"RM Secured Direct Lending sets new investment management fee - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/05\/1589295688_2020-05-12-16-01-28_cbbb12df66b7727f1156163edb70504c.jpg","datePublished":"2020-05-12T17:12:16+00:00","description":"RM Secured Direct Lending PLC (LON:RMDL) says shareholders will pay reduced charges as net asset val..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/05\/1589295688_2020-05-12-16-01-28_cbbb12df66b7727f1156163edb70504c.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/05\/1589295688_2020-05-12-16-01-28_cbbb12df66b7727f1156163edb70504c.jpg","width":977,"height":452},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/rm-secured-direct-lending-sets-new-investment-management-fee\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"RM Secured Direct Lending sets new investment management fee"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics &amp; Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/149380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=149380"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/149380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/149381"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=149380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=149380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=149380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}