Sponsor and broker-dealer fees include a $92,800 acquisition fee, $133,150 dealer fee, $66,575 BD due diligence allowance, selling commissions to Realta Equities, Inc., and a 5.08% annual asset management fee.
Front-end fee composition
Acquisition Fee$0.09M1.39%
Dealer Fee$0.13M2.00%
Total front-end sponsor compensation$599,176 10.33% of acq. cost
Acquisition Fee
$92,800
1.39%
Dealer Fee
$133,150
2.00%
Total Front-end Fees
$599,176
10.33%
Strengths
- Itemized upfront acquisition fee of $92,800 and dealer fee of $133,150
Concerns
- Annual asset management fee stated at 5.08%