Tuesday May 21st, 2024
How management team covers operational expenses?
The fund’s operation is sustained by management fees. Typically, throughout the duration of the entire fund, this fee amounts to a maximum of 20% of the fund’s capitalization. This related to an annual fee of approximately 3% of the assets under management. Larger funds can afford lower fees, such as 2% per year, due to the higher amount allocated for operational costs.