City of london trust Fees

I have started to invest in city of London investment trust and wondered if any body could explain to me how they take their fee for managing this trust as regards to Freetrade account . is it as i assume taken from dividend and if so how much is deducted from the 4.75p dividend any help would be much appreciated

It’s taken from the value of the fund on a continuous basis. So a constant fraction every day. You won’t ever see anything happen.

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So when it states 4.75p dividend this is what i will actually get . That is good news thank you for your helpful reply

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Yes. That’s what you’ll get.

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