BlackRock Throgmorton Trust plc (THRG) Ordinary 5p Shares

BlackRock Throgmorton Trust plc is a United Kingdom-based investment trust. The principal activity of the Company is portfolio investment. The Company’s objective is to provide shareholders with long-term capital growth and an attractive total return through investment primarily in UK smaller and mid-capitalization companies traded on the London Stock Exchange. In addition, the Company is permitted to employ leverage up to 30% of net assets, which it does primarily through the use of CFDs and/or comparable equity derivatives. The Company invests in various sectors, including industrials, Oil & Gas, Basic Materials, Consumer Staples, Health Care, Consumer Discretionary, Financials, Real Estate, Technology and Telecommunications. The Company's investment manager is BlackRock Investment Management (UK) Limited. Its alternative investment fund manager is BlackRock Fund Managers Limited.

The objective is to provide shareholders with long term capital growth and an attractive total return through investment primarily in UK smaller and mid-cap companies traded on the LSE. Company may hold up to 15% of its GA, in securities of companies which are listed or traded on a stock exchange outside the UK. In normal circumstances, company will likely hold a mixture of long and short CFDs and/or comparable equity derivatives that would result in a typical net market exposure of between 100% and 115%.In extremis, the Company could deploy the full 30% of permissible leverage into short CFDs and/or comparable equity derivatives, thereby reducing its overall net market exposure to 70%.

• Ongoing charge0.54%
• Annual management charge -
• Performance feeYes

Annual management fee is 0.35% p.a. on gross assets. Performance fee is 15% of the outperformance of the NAV total return against the benchmark index. The contract is terminable on 6 months notice.