Fee Structure

Fees to the investment advisor shall be paid in accordance with the below.

 

As remuneration for services provided, the investment advisor shall be entitled to a fee, paid every quarter in advance and corresponding to 0.25 percent of the groups net asset value up to a net asset value of SEK 1 000 000 000 and 0.125 percent of such part of the net asset value exceeding SEK 1 000 000 000. In addition to this, the investment advisor shall be entitled to a fee corresponding to 5 percent of the group’s net earnings from investments and co-investments (after deductions for inter alia costs related the investments, the preferential rate for NAXS’ Norwegian subsidiary and losses, if any, on previously divested investments).