Performa Limited (US), LLC offers investment management and advisory services, focusing on portfolio management and asset allocation. They provide fixed income and equity strategies to institutions, private funds, and offshore investment vehicles. Their fixed income management includes money market, short-term, intermediate, and high yield options. Equity management includes U.S. large-cap, mid-cap, small-cap, and international strategies, primarily using exchange-traded funds and sub-investment advisors. Performa manages client accounts based on pre-determined guidelines, either with full discretion or on an advisory basis.
Fee Structure
Performa charges a percentage of the assets they manage. Here's a breakdown of the annual fees for different strategies:
- Oversight & Advisory Fee (Multi Strategy):
- 0.300% on the first $20 million
- 0.275% on the next $30 million
- 0.225% on the next $50 million
- 0.200% over $100 million
- Intermediate Fixed Income SMA:
- 0.300% on the first $20 million
- 0.250% on the next $30 million
- 0.200% on the next $100 million
- 0.150% over $150 million
- 1-5 Year Fixed Income SMA:
- 0.250% on the first $20 million
- 0.200% on the next $30 million
- 0.150% on the next $100 million
- 0.125% over $150 million
- 1-3 Year Fixed Income SMA:
- 0.200% on the first $20 million
- 0.175% on the next $30 million
- 0.150% on the next $100 million
- 0.125% over $150 million
- Cash/Money Market SMA:
- 0.175% on the first $10 million
- 0.150% on the next $40 million
- 0.125% over $50 million
- Oversight & Advisory Fee (Fund of Funds):
- 0.300% on the first $20 million
- 0.275% on the next $30 million
- 0.225% on the next $50 million
- 0.200% over $100 million