Note on Hedge Fund Portfolio: Get registered to save costs
The client can avoid custody and brokerage fees by registering the securitzation vehicle (compartment) and placing orders via the fund administrator. In this case, the client invests in various sub-classes of his hedge fund.
Remko returned to RP that they can settle it with a fixed fee when the client uses a registered structure.
"The fee will be 500 USD per trade and that’s it. So the 6 bps will be 500 USD fixed. These subscriptions and redemptions are always a lot of work from a process point of view. "
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