UG Investment Advisers Ltd. is an investment advisor that provides advisory services to funds, focusing on investments in Mandarin-speaking markets and expanding globally. UG manages investments according to each fund's objectives and strategies, not tailored to individual investor needs. Investors should consider if a fund suits their circumstances, considering their investment goals, liquidity needs, tax situation, and risk tolerance.
Fee Structure
UG Investment Advisers Ltd. is compensated for advisory services rendered to the Funds that it advises through (1) advisory fees and (2) performance based compensation arrangements. Advisory fees are generally paid monthly, in arrears, based on an annual rate against each Fund’s current net asset value (“NAV”). In most cases, the advisory fee rate will be 2% of NAV but different investors or classes of investors will pay different fees. For Fund strategies that require direct access to the securities markets of the PRC, the Funds also pay such product service fees to certain QFIs with eligible QFI licenses. Performance fees, when earned, are generally payable monthly, in arrears and calculated as a percentage (often 20%) of total investment return, based mostly on a high watermark calculation methodology (benchmark of which previously was US dollar 12-month LIBOR and now after the LIBOR cession is the Mid Yield of The United States 1 Year Government Bill).