For US investors who are not qualified clients, Cable Car charges a flat annual management fee equal to 3% of the account value, billed daily in arrears by the custodian.
For non-US investors and qualified clients, Cable Car waives the management fee and charges a 30% incentive fee, computed quarterly by the custodian on the net profit and loss in the account and subject to a high water mark of previous performance.
Please see Item 5 in the firm’s brochure on Form ADV for more information.
|Management fee||Incentive fee|
Posted in: Fees and expenses