Fee Structure

Volta90's management and performance fee model.

Fee TypeRateApplied On
Management Fee2% per yearTotal AUM, accrued continuously
Performance Fee20%Gains above high-water mark
Entry / Exit FeeNone

Management Fee

The management fee is 2% per annum on total AUM. It accrues continuously and is deducted directly from the vault's NAV, meaning it is reflected in the share price rather than charged as a separate transaction. Investors do not need to take any action for management fees to be collected.

Performance Fee

A 20% performance fee is charged on net new gains above the high-water mark. This structure aligns the manager's incentives with investors — fees are only earned when the vault actually generates returns above the prior peak.

High-Water Mark
The HWM ensures you never pay performance fees on recovering from a loss. If the vault draws down, no performance fee is charged until the previous NAV per share peak is surpassed again.

Fee Collection

Fees are collected by the vault manager at epoch settlement, deducted from the vault's NAV before computing the settlement price. Investors do not take separate actions for fee collection — it is automatic and transparent on-chain.

No Entry or Exit Fees

There are no fees on deposits or withdrawals beyond standard on-chain gas costs. You only pay the management fee via NAV dilution and the performance fee on net new gains.