Management Fee: 1.5% p/a

  • The management fee is accrued on a monthly basis

Performance Fee: 12.5% 

  • The Hyperion Fund performance fee is calculated as 12.5% of the fund performance for the quarter, where performance is defined as the change in the total net asset value (NAV) in USD terms
  • The fee is only applicable if the closing balance is greater than the opening balance adjusted for buy-and-burns and performance fees paid in respect of the previous quarter
  • The performance fee is subject to a high-water mark, meaning the fund will take no performance fee until prior periods of under performance are recouped
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