What are the fees?
Alpha Fund |
Trans-Tasman Fund |
Australian Fund |
|
|
Management fee |
1% p.a. plus GST |
1% p.a. plus GST |
1% p.a. plus GST |
|
Performance fee |
1% of the gross return above the bench mark of 12% up to 13% per annum then 15% of the return thereafter, subject to a high water mark |
10% of the performance over the benchmark of 9.85%. Payable when the rolling 12-month net return (after fees and expenses) exceeds the benchmark, subject to a high water mark |
10% of the performance over the benchmark of 10%. Payable when the rolling 12-month net return (after fees and expenses) exceeds the benchmark, subject to a high water mark |
|
Trustee, Custody & Administration fees |
Up to 0.32% p.a. plus GST |
Up to 0.32% p.a. plus GST |
Up to 0.32% p.a. plus GST |
|
Other Fund costs |
Legal, audit, advisory, brokerage, all taxes and other costs that may be incurred by the Fund |
Legal, audit, advisory, brokerage, all taxes and other costs that may be incurred by the Fund |
Legal, audit, advisory, brokerage, all taxes and other costs that may be incurred by the Fund |
