Tracker Fund of Hong Kong Ltd. has announced an update to the management fee structure for its fund managers, effective from September 19, 2025. The management fee, previously calculated on a tiered basis, will now be subject to an annual effective rate cap of 0.019%. This change means that each quarter, the fee will be compared against this cap, and the lower amount will apply. Additionally, the calculation methodology will shift from referencing the Net Asset Value on the last Dealing Day of the quarter to each Dealing Day within the quarter. The fund asserts that these updates will not materially impact the ongoing charges, tracking error, or tracking difference of the fund.
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