Money can only be made with patience. And that’s why we want a longer runway to handle your money and protect and grow it. Unlike the ocean full of wealth management professionals who charge obnoxious sums and still go home happy with their salaries and bonuses irrespective of the client’s returns, we draw our profits only if we beat 10% returns per annum. Till such time we only charge a 1% fee (Of AUM) to keep afloat and buy ‘the proverbial bread‘.
We charge 1% fees on the value of fund and thereafter 20% of the incremental profit in only in excess of 10%.
Which means
If the fund returns 15%, we charge 1% up to 10% return and 20% of the additional 5%.