CA Partners is a fund of funds that selects investment managers for its clients, which are limited partnerships and separately managed accounts. CA Partners develops investment strategies, determines asset allocation, and identifies investment advisors. CA Partners does not actively manage any of the Partnership’s assets, except for the selection of short-term money market investments and Portfolio Managers.
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
The management fee charged to the Partnership is 1.50% per year of net asset value. The management fee is reduced to 1.00% per year with respect to investors who invested in CA Partners’ funds prior to September 30, 2002. Currently, all investors pay a 1% management fee.