Detailed Look at iMaps AMC Fee Structure
Since 2018, iMaps Capital Markets provides innovative Actively Managed Certificates designed to track various asset classes, from global equities to cryptocurrencies. Our AMCss offer asset managers streamlined market exposure through a singular trading mechanism, emphasizing regulatory compliance and investment integrity. Today let’s have a look at iMaps fee structure.
1. Maintenance and Management Fee:
- Retail Public Offering: Maintenance fees are set at EUR 1,500 monthly (EUR 18,000 p.a.). The Issuer Management Fee is 0.25% of Assets Under Management (AuM) p.a., reflecting the additional services and compliance required for retail investors.
- Professional and Qualified Investors: These fees are reduced to EUR 1,000 monthly (EUR 12,000 p.a.) with a 0.15% Issuer Management Fee on AuM p.a., adjusted for the typically larger scale and complexity of professional portfolios.
2. Performance-related Fee:
- Performance structures vary, with options like a 2+20 fee model (2% management fee plus a 20% performance fee on returns exceeding the hurdle rate), which aligns the interests of managers with performance outcomes.
3. Entry and Exit Fee:
- Quoted on the stock exchange by iMaps ETI AG, the entry and exit fees are 1% each for AuM below EUR 2.5 million, and 0.50% each for higher volumes.
* By signing the Delegated Investment Management Agreement, the AMC Sponsor undertakes to transfer a one-time deposit of EUR 6,000 to the Issuer.
** For regulatory purposes, the maximum Total Management Fee of an AMC issued under our programme is limited to 4.5% p.a. for Retail Public offering and 6% p.a. for P. and Q. Investors Offering plus performance fees. If, in any given month, the total fees exceed that amount, a reduction in the Investment Management Fee of the Delegated Investment Manager will be applied.
By understanding these fee structures, asset managers can effectively position their portfolios within our AMC offerings, ensuring compliance and optimizing investment strategies.
PS: You can use the following links to easily book an e-meeting with us: https://meetings.hubspot.com/jeffrey-alldis (Jeffrey Alldis) or https://meetings.hubspot.com/herbert-hakala (Herbert Hakala)
