The fee structure of the Hodl funds consists of two components: the management fee and the performance fee.
Management fee:
Hodl's management fee stands at 0.5% per quarter on the invested assets. This management fee is calculated monthly and collected quarterly.
Performance fee:
Hodl's performance fee is 20% on the positive returns achieved and is calculated using a High Watermark in Net Asset Value (NAV). The performance fee is calculated monthly and deducted from the net income. The High Watermark is resetted annually.
The above costs are already included in the returns we communicate and therefore show the net result of the funds.
Hodl Artemis is an Actively Managed Certificate that is provided together with Aerapass. To use their platform, they charge an additional 1% platform fee over the assets managed in the first year.