Application Form - Edelweiss - Personalized Managed Accounts

ANNEXURE ON FEES AND CHARGESPortfolio Performance: No ChangeNature of Fees Amount ( `) Amount ( `)Capital Contribution 25,00,000Less: Upfront Fees e.g. @ 2% 50,000Less: Any other fees -Assets under management 24,50,000Add: Profit/Loss on investment during the year @ 0% on AUM -Gross Value of the portfolio at the end of the year 24,50,000Less: Brokerage/DP Charges/any other similar charges (e.g. 2% of `24,50,000) 49,000Less: Management Fees (e.g. 1% on daily avg. AUM)* 24,500Less: Performance Fees -Less: Any other fees -Total charges during the year 73,500Net value of the portfolio at the end of the year 23,76,500% change over capital contributed (4.94)%*Assuming the Daily Avg AUM for the year as `24,50,000PLAN II: Performance FeesPortfolio Performance: Profit of 20%Nature of Fees Amount (`) Amount (`)Capital Contribution 25,00,000Less: Upfront Fees e.g. @ 2% 50,000Less: Any other fees -Assets under management 24,50,000Add: Profit on investment during the year @ 20% on AUM 4,90,000Gross Value of the portfolio at the end of the year 29,40,000Less: Brokerage/DP Charges/any other similar charges (e.g. 2% of `24,50,000) 49,000Less: Management Fees -Less: Performance Fees (e.g. 20% of `2,45,000 - working given below) 49,000Less: Any other fees -Total charges during the year 98,000Net value of the portfolio at the end of the year 28,42,000% change over capital contributed 13.68%Calculation of Performance Fees for aboveSerial Nature of Fees Amount (`)A Profit for the year 4,90,000B Less: Minimum profit level (e.g. Hurdle Rate 10% on `24,50,000) 2,45,000C Amount on which Profit Sharing Fees to be calculated (A-B) 2,45,000D Performance Fees (20% of C) 49,000Edelweiss Personalized Managed Accounts is a division of Edelweiss Asset Management Limited rendering Portfolio Management Services. 44