Costs depend on the portfolio’s performance and the transaction fees of the underlying instruments. Here is an overview of all the fees included:
Service fee: This is what we charge you for managing your money. It is an annual fee, deducted quarterly on a pro-rata basis. To see how we calculate the service fee, click
here.
Transaction fees: These are the fees associated with all the trades placed as part of the managed portfolio. When investing in Commodity Alpha, you benefit from our lowest transaction fees (equivalent to
VIP rates).
Performance fee: We only charge you this fee if the portfolio has a positive performance, which we determine by using a high watermark indicator. The high watermark is the highest value your portfolio has ever realised, based on either your initial investment value or any quarter-end value during the time you’ve been invested in the portfolio. This means we only charge a performance fee when your portfolio value reaches new highs. To see how we calculate the performance fee, click
here.