What fees are investors paying?

For the individual investor, the iSelect Fund currently assesses an annual management fee.  In addition, the Fund charges a “carried interest” incentive fee on any investment profits in each portfolio company (above the investor’s initial investment amount) that are distributed to the investor.  iSelect will make the specific amount of the fees available to investors as part of the total mix of information available to them before investment.  In general, iSelect’s fees are lower than the fees assessed by traditional venture capital funds.  Investors should also recognize that each investor’s financial advisor may charge commissions or other costs on any investment.