The performance fee is assessed monthly and is equal to 25% of any new highwater mark in your managed account. A new highwater mark equals the sum total of net realized profit/(loss), plus the change in unrealized profit/(loss) since inception or the last month end in which a performance fee was paid. However, no subsequent performance fees will be payable until your account has overcome any trading losses being carried forward to achieve a new highwater mark.
The term highwater mark is used to measure the highest value your account has reached since inception or since the last time a performance fee was paid. If your account were to lose money, it must first recover to a performance level above its previous highwater mark in which a performance fee was paid before the performance fees can be assessed again. In other words, your account is protected against being charged fees when the performance of the account falls below the highest previous level. If your account were to lose money, it must first recover back above its previous highest value before the performance fees can be applied again.
First month your profit is $1000 then we charge 25% of $1000.
Second month we will only charge if your account of 10000$ principal money will exceed more than $11000
For each month same above process will be repeated. Mean to say we only charge our commission fee when you make new generated profits each month.
We do not charge fix per month fee.
We charge only on new generated profits.
There is no any type of hidden cost.
Only we make money if you make money.