You Should NOT Do This In Your Fund 😳

This is something crucial I want you to know. I've seen a bunch of funds come out recently. They pitch a 2% management fee, 80/20 split, but then in their docs, in the little subtitles, they say, well, this is a 2% fee over 10 years, and it's guaranteed 10 years from today through the end. Additionally, we're going to charge that whole management fee up front. And so what they do is they say 2% times 10 years is 20%, and we're going to charge it today. You're prepaying your So you put in $100,000, you thought you put in $100,000, you actually only put in $80,000 because the $20,000 they took and put it right into their own pockets which I think is super unethical and not good to do. You should not do this in your fund.