Polar Capital Global Healthcare Trust plc (PCGH) Ordinary 25p Shares

Polar Capital Global Healthcare Trust Plc is an investment trust. The Company's Objective is to generate capital growth by investing in a global portfolio of healthcare stocks. The Company seeks to achieve its objective by investing in a diversified global portfolio consisting primarily of listed equities. The portfolio is diversified by geography, industry subsector and investment size. Stock selection is central to the process, looking to identify companies where there is a disconnect between valuations and the near and medium-term growth drivers. The Company is focused primarily on healthcare companies with resilient and medium-term growth profiles. It also has the opportunity to invest in earlier-stage companies. It invests in various sectors, including pharmaceuticals, managed healthcare, healthcare equipment, healthcare services, healthcare supplies, life sciences tools & services. The Company’s investment manager and alternative investment fund manager is Polar Capital LLP.

The Company’s investment objective is to generate capital growth by investing in a global portfolio of healthcare stocks.The Company seeks to achieve this objective by investing in a diversified global portfolio consisting primarily of listed equities issued by healthcare companies involved in pharmaceuticals, medical services, medical devices and biotechnology. The portfolio is expected to be diversified by factors such as geography, industry sub-sector and investment size.

• Ongoing charge0.89%
• Annual management charge -
• Performance feeYes

Management fee is 0.75% p.a. of the lower of the Market Capitalisation and NAV. Performance fee is equal to 10% of the excess total return over benchmark Index plus 1.5% p.a. compounded annually. Agreement terminable not less than 12 months written notice.