Home / Offering Memorandum / FEES AND EXPENSES / Set Up Fees

5.2. Set Up Fees 

The costs of establishing the Fund, shall be allocated in each Investment Compartment established within the first year of incorporation.

The Set Up Fee of the Fund and each individual Investment Compartment, the cost of initial offering of its Units, the preparation and printing of the Offering Memorandum and any other relevant document(s), marketing costs and fees of all professionals shall be allocated to the relevant Investment Compartment and amortised in such period as may be determined by the Manager at its discretion and may be charged to the Portfolio within such amortisation period and on such terms and in such manner as the Manager sees fit.