Fees

Performance-based Fees
Our fee structure is perhaps the simplest in the industry. We have a one-off initial fee of 1.5% of total funds and thereafter clients pay only an annual performance fee.

Our annual performance-based fee is unique in that it’s the only annual fee that applies. No fixed annual fee is charged as we don’t incur direct fixed costs, hence if we have a year or two where the entire market is down then we will not make the decline even worse.

In fact we must grow client funds over the 4% benchmark before we charge the performance-based fee. The percentage charged for growth over this benchmark will depend on the amount of funds being managed.

This fee structure is instrumental in both channeling our efforts and aligning our interests to the clients. Nothing ensures you work in the best interests of the client more than knowing you don’t get paid unless you achieve a stated outcome.

Most investment and fund managers have very little at stake since they will receive a fixed fee regardless of performance. Never underestimate the impact this has on the attitudes of the people managing your money.