Poet Advisors manages private investment funds that invest in non-agency residential mortgage-backed securities (RMBS). Poet has the authority to make investment decisions for these funds. The funds are managed according to their investment goals, as detailed in their governing documents. Poet does not allow investors to restrict the types of investments made by the funds.
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
Management fees depend upon the advisory client and are disclosed in the governing documents of the funds. Qualified investors also pay a performance-based fee of 20% of net profits above a hurdle rate.