Ursa Fund Management manages pooled investment funds, aiming for high returns through corporate action and event-driven investments. They use proprietary methods to scan corporate filings and conduct research. The funds primarily invest in publicly-traded equity securities and derivatives, but may also invest in other instruments, including Bitcoin ETFs and other digital assets. Ursa does not tailor portfolio management services to individual investor needs.
Fee Structure
Ursa Fund Management does not charge a management fee to the funds they manage. Instead, they receive a performance-based allocation, called an Incentive Allocation, from the funds' net income. The Incentive Allocation is 35% of the aggregate net income indirectly allocated to each investor in the Ursa Fund and 10% of the amount of increase in the net asset value of each shareholder's shares in the Portfolio Fund. This allocation is subject to a "high water mark" provision, meaning Ursa only receives it to the extent net income exceeds previous net losses.