Masonry Capital Management manages the Masonry Partners Fund and separately managed accounts. The firm seeks absolute returns by investing in undervalued securities. For the fund, investment decisions aren't tailored to individual investors. For separately managed accounts, investment guidelines are in the investment management agreement. Masonry Capital may also act as a subadviser to other advisory firms.
Fee Structure
Masonry Capital Management charges different fees depending on the type of account:
- Masonry Partners Fund (Class A interests): 0.5% annually (0.0417% per month) of the fund's net assets.
- Masonry Partners Fund (Class B interests): 1.00% annually (0.0833% per month) of the fund's net assets.
- Internally Managed Portfolios: 1.00% annually, based on the value of the portfolio at the end of the previous calendar quarter.
- Advisory Service: 0.60% annually on the assets under advisement, based on the value at the end of the previous quarter.
Customized fee structures may be available for separately managed accounts, as agreed upon in the investment management agreement. The firm also offers consulting services to other financial institutions for a fixed fee ranging between 0.20% and 1.00% of the assets under advisement.