Alignment of interests

The managers and team have almost all of their net worth invested in the fund, along with those of their family and friends as well as other investors, and on the same terms.

Nartex believes in a low fixed fee and a variable component depending on performance.

• Nartex has a management fee of 1% fixed in class A and 9% performance fee (if the fund grows by 11%, the total management fee would be 1.9% but only 1% if the clients’ assets do not increase. Moreover the fixed fee is dedicated to fund research and structure costs).
  • If the fund decreases, Nartex does not charge a variable fee until it has recovered the initial capital, thus aligning its interests with those of its clients.

Nartex minimises transaction costs – low portfolio turnover, no complex derivatives. It does not invest in esoteric or expensive products.