19 Contingent liabilities and assets
As at 31 December 2016, the Fund’s total future commitments amounted to € 57.7 million (2015: € 20.1 million).
| 2017 | 2018 | > 2019 |
Investment commitments | 18 | 23 | 17 |
| 18 | 23 | 17 |
The Fund has a contractual agreement with Bouwinvest for an indefinite period in which it has to pay a management fee, based on the net asset value (NAV). The notice period is two years.