iSelect Funds are managed by iSelect Fund Management, LLC. iSelect does not charge companies to apply to or to be in the Fund. Rather, iSelect’s revenue comes from two sources:
- iSelect charges investors a one-time account set-up fee and an annual management fee.
- iSelect receives a percentage (“Carried Interest”) of any excess distributions attributable to a company’s securities after the investor receives 100% of his or her principal investment in the company.