What does Unhedged cost?
What is the pricing structure?
Are there any transaction fees?
Do I pay every time an algo makes a trade?
Do I pay to hold cash?
We created Unhedged because we believe that the Wealth Management industry should align its outcomes with clients' outcomes. We also believe that everyone should have equal wealth opportunities.
We do things differently
Our success fee is only charged when we bring your investment to an all-time high AND outperform the market. It only makes sense!
Our pricing is the same for people who invest a small amount or a lot. We don't use fixed fees, thresholds or any fee tiering system that discriminate based on size of the amount invested
There are no account holding fees, trading fees or fees to hold USD cash
A Base fee of 0.49% per year on funds invested in algorithms. This is also known as an Asset Under Management (AUM) fee
Example: For a portfolio of $10,000 the fee is $49 per year (13 cents a day!)
A Success fee, sometimes called an overperformance fee, is charged only when your investment hits an all-time high AND when an algorithm performs better than its benchmark.
We do not charge for overperformance if the value of your portfolio is declining. Our algorithms might still do better for you (lose less money than the market), but we don't think it is fair to charge for losing less.
The success fee is 20% of the additional value the algorithms generate compared to the benchmark. This varies for each algorithm, but it is reasonably estimated to range from 0% to 1.61% per year.
Of course, past performance cannot be relied upon as an indicator of future performance.
Sounds complicated? Level up and learn more about our Success fee here.
We don't charge ...
... for any other account management fees
... a fee for every trade an algorithm makes
... for any amount of USD cash you hold
You will be exposed to buy/sell spreads when you add funds, withdraw or change your allocation. Learn more about the impact of buy/sell spread here.
Also, whenever you make money, the tax man wants to know about it. We can't change this. When you change your allocation, you might be exposed to capital gains tax. Learn more about tax here.
How to pay
All fees are automatically deducted from your investment. The fees are charged to the holdings of the Unhedged Fund. You will not get any invoices and there is no need to make any payments to Unhedged.
Links to related articles:
- Our Success fee
- Impact of buy/ sell spread
- Our fees are described in detail in the Product Disclosure Statement
Information contained here is prepared by Unhedged Pty Ltd ACN 646 421 730 (AR 001288751) an authorised representative of Cache Investment Management Pty Ltd ACN 624 306 430 AFSL 514 360. Units in the Unhedged Fund are issued by Melbourne Securities Corporation Limited (ACN 160 326 545 AFSL 428 289). All information is general information only and doesn’t take into consideration your personal circumstances, financial situation or needs. Before making a financial decision you should understand the risks and read the relevant PDS and TMD and consider whether the product is right for you and seek advice if necessary. Any information contained here may have been automatically generated by an algorithm based on raw data inputs and has not been independently verified and is subject to change. Past performance is not indicative of future performance. Unhedged Fund APIR Code: UPL9838AU International Securities Identification Number (ISIN): AU60UPL98384. Copyright (C) 2022 Unhedged. All rights reserved.
Updated on: 19 / 07 / 2022