5.3. Fund fee policy
The fund's fee policy is as follows: Fund structures to this project and related profits are distributed to the respective fund subscribers according to the profit distribution policy of this white paper, after deducting the following fees:
Performance Fee : Normal subscription fees are prepaid upon receipt of funds. Subscription fees are used for custody, fund administration, legal fees, etc.
Management Fee : Is paid in advance annually, for collection and management of information, data and operations of the fund.
Performance Fee : For each settlement cycle, a certain percentage will be paid in the form of a success fee for the increased profit compared to the principal. This is the primary source of income for this project.
Subscription Fee
1% of AuM
None
Management Fee
Lumpsum : 2% of Investment p/a, quarterly advance payment Monthly : 0.2% of Investment
None
Performance Fee
1.Digital : 6% ~ 10% of AuM 2.Traditional : High Watermark 25% 50% of the profit if it exceeds 100% investment return.
The distribution rate is determined according to the decision at the Node's general meeting.
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