SETTING UP A HEDGE FUND – PART TWO - BarclayHedge

d. Hurdle/Benchmark
i. Will there be a hurdle/benchmark?
e. Equalisation
ii.
If “Yes”, what will the
benchmark be?
i. Will there be any equalization method applied?
ii
If “Yes”, please see (3.4) above
f. Brokerage Commissions
i. What will the Fund pay on: a. Futures Trading
ii. Will there be any brokerage rebate
payable?
b. Interbank Trading
iii. If “Yes” what will this rebate be on:
a. Futures Trading
b. Interbank
iv. Who will this rebate be payable to?
g. Custodial Fees
h. Payment Bank Fees
i. Cash Management Fees
To be negotiated, subject to choice of Custodian
To be negotiated, subject to choice of Payment Bank
To be negotiated, subject to choice of Cash Manager
j. Administration Fees (if any)
k. Registrar & Transfer Agency
(Shareholder Services) Fees
The Registrar & Transfer Agency fees
will consist of:
i
ii
iii
The administration fee will be an ad valorem fee, which
will be based upon an annualized percentage of the NAV,
calculated and accrued on each valuation day
The fee will be payable monthly in arrears
The fee will be subject to a minimum daily, weekly or
monthly fee, as applicable
i. A Transaction fee of: per purchase, sale or transfer of shares or units of the
Fund, subject to
ii.
A minimum annual fee of:
iii. CHARIOT If Custom House is appointed as the Registrar & Transfer Agent, the
CHARIOT Web Reporting Platform will be provided at no extra cost to
enable greater efficiency and communication between the Fund, its
administrator/registrar and the manager, the investors and the auditor.
A full description is shown on our website (www.customhousegroup.com).
l. Fund of Fund Transactions (re
underlying funds)
i A transaction (purchase,
sale or transfer of interest
in underlying funds) fee of
will be
charged,
subject to
ii A minimum fee of per annum
m. Outside Directors Fees i If a Custom House Director per annum,
plus
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