Salt Marsh Investments (SMI) manages investments for two pooled investment vehicles: the Prouty India Fund Limited and PIF Investments, LLC. These funds invest in equity securities listed on major stock exchanges in India. SMI manages the funds on a discretionary basis, following the stated goals of the Prouty India Fund Limited.
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Annual incentive fee of 20% of net profits above an 8% preferred return.