Please find information about all technical aspects of the fund below:
Management Fee: 2%
There are costs associated with every investment fund. These
are usually between 1.5% and 3% per year. We use a
fixed management fee of 2% per year. This covers almost
all costs, such as personnel, office rent, and research. You
will not receive an invoice for this. These costs are
included in the value per participation.
Performance Fee: 20%
You will not pay a Performance Fee over the first 0.5% return per month.
Suppose we make a return of 0.5% every month, then the annual
return would amount to over 6%. Even then, you would not
pay a Performance Fee. However, realized returns
exceeding this threshold are subject to a deduction of a 20% Performance Fee.
You will never receive an invoice for this. This
is deducted from the number of participations held. An
explanation of the calculation of the performance fee can be found at the Q&A/Costs and Fees.
You will never be obliged to make
additional deposits. Furthermore, you can always sell
your participations at the end of the month at intrinsic value. The value per participation is calculated independently every month,
by Circle Partners, our administrator.
FAQ: Click here for more information about all aspects of our fund.
*Barring suspension and restrictions relating to exceptional cases, see paragraph 4.10.4 in the Offering Memorandum. Return based on the intrinsic value, after deduction of all costs and the management fee, but before deduction of subscription charges, redemption charges, and the performance fee if applicable. For more information, the Offering Memorandum is freely available at www.cdfund.com, including information about Commodity Discovery Fund and the manager of the Fund.