Level 3 Total Return Opportunities Fund Terms
- Subscriptions Monthly, $25,000 minimum (for accredited investors)
- Redemptions Monthly, with 60 days notice
- Management Fee Class A – 1.5% per annum, Class B – 1% plus performance fee
- Performance Fee 15% of profits above High Water Mark
- 4% annual hurdle.
- Custodian National Bank Independent Network
- Legal Counsel WeirFoulds LLP
- Auditor PricewaterhouseCoopers LLP
- Fund Administrator SS&C Commonwealth
For further information, please see the Fund’s Offering Memorandum.