Rule One Partners provides investment advisory services to Rule One Capital, a limited partnership, and the Rule One Fund, a mutual fund. Rule One Partners uses an event-driven, deep-value approach, focusing on publicly traded equities and related options. The goal is capital appreciation over a multi-year term by investing in companies with durable competitive advantages at a discount to their intrinsic value. Rule One Partners also uses derivative strategies, dividends, and buy-backs to reduce cost basis and generate returns during market downturns.
Fee Structure
Rule One Partners manages investments for Rule One Capital and the Rule One Fund.
For Rule One Capital, the firm charges a performance-based fee of 20% of the increase in portfolio value each year. There is no management fee. If the portfolio drops in value, a fee is not charged until the portfolio reaches the previous highest value.
For the Rule One Fund, the management fee is stated in the fund's prospectus and is a percentage of the fund's assets. This fee is negotiated with the Trust's Board of Trustees.