Humbly stated, there are no hidden costs for partners. In terms that you may be more familiar with, we do not impose any loads on our investment partners. We want as much capital as possible working at all times.

The performance structure is based, in part, on the original Warren Buffett partnership agreement for the fairness of this type of arrangement versus a typical mutual fund, money manager, or some hedge funds who collect fees whether the customer’s wealth has increased or decreased.

Both funds also has a “high water mark” where the performance fee is only earned if a new high water mark is exceeded after a previous performance allocation has been earned.

To discourage short-term speculators and market timing, we impose an early exit charge of 2% if a partner redeems their initial capital in less than two (2) years. This early exit fee is retained in the fund for the benefit of all remaining partners, not management.

ACI Partnerhsip Fund, LP Structure

• Advisory Fee: 0.3% Unlike typical 2.0% for similar funds.
• Hurdle Rate: The Fund’s Hurdle Rate is above six point three percent (6.3%).
• Performance Allocation: 25% above the 6.3% Hurdle Only, calculated quarterly.
• Partner Bonus: Profit sharing to partner above hurdle rate increases after 3 years.
• Early Exit: Within 24 months, 2% withheld & distributed equally to existing Limited Partners.

Commonwealth Fund Structure

• Advisory Fee: 0.6%
• Hurdle Rate: The Fund’s Hurdle Rate is above five percent (5.0%).
• Performance Allocation: 20% above the 5.0% Hurdle Only, calculated quarterly.
• Partner Bonus: Profit sharing to partner above hurdle rate increases after 3 years.
• Lock-Up: For the overall beginning lower fee structure, Fund II has a 25 month lock-up period.