Please note that the following answer only applies to clients of our Broker offering residing in Germany.
Scalable Capital does not charge a front load, end load or redemption fee. Scalable Capital continues to offer competitive costs and conditions for investments in private markets. Product costs are directly offset against the fund assets under management. They consist of a management fee, other ongoing costs at fund level and a performance fee, if applicable.
Details on the BlackRock Private Equity Fund:
The management costs of the actively managed fund are 1.95% p.a. Additional other ongoing costs, such as annual financial statements, lawyers and tax advisors, amount to approximately 0.35% p.a. If the fund exceeds its minimum return benchmark of 5%, the fund managers also receive a performance fee of 12.5% on the profits.
Investments involve risks. Liquidity restrictions apply. Consider specific product information.