When launching the Apex Token Fund we decided not to collect any fees after the token distribution event. Once you own APEX tokens, you own the full value of the token with no further fees. This results in a more favorable fee structure over time. To achieve this, we calculate all fees and charge them up front. When comparing this model to standard fees charged by hedge funds (two and twenty annual fees), over the fund lifecycle we find:
* This demo is for illustrative purposes only and is not intended to represent or promise returns or performance of any kind.
** Standard fund fees are taken to be two and twenty. Fees are calculated by taking out 2% at inception. Every 12th month, 2% of the fund's value along with 20% of the previous year's profits are removed.