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News: India Fund Limited offering a taste of the sub-continent with $100M IPO, page-6

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mrcarter

817 Posts.

28

03/08/16

18:38

Post #: 18437885
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Originally posted by jc1980 ↑

Back again! They did not have enough takers last time. Fees were very high. The difference between the fees this time around and last time is significant. I don't have a copy of the old prospectus anymore but my notes at the time indicate the following:

1.75% Fund Management fee
plus up to "0.75% expenses"
plus 0.5% to the portfolio manager
plus performance fee 15% (my notes also include an additional 9% at times?).

This time around (2016 prospectus):
1.25% Management fee (60/40 split fund manager portfolio manager)
plus expenses such as brokerage, transaction taxes, Indian accountants
plus 15% performance fee

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SO in simple english...considering u invest 100k.....what would be the end profit be?
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