Royal Investment Adviser manages investments exclusively for The Driven Fund, a private investment fund offered to sophisticated investors. The firm's investment strategy involves taking long and short positions in securities, as well as selling calls and puts to generate income. Royal Investment Adviser does not provide any other investment advisory services or portfolio management services to any other person or entity.
Fee Structure
Royal Investment Adviser earns fees from managing The Driven Fund, including a management fee and a performance fee. The management fee is 2% per year, charged monthly based on the beginning capital account balance. A performance fee of 20% of the net capital appreciation is assessed at the end of each month, subject to a loss carry-forward provision (High Water Mark). No performance fees are charged until after one year’s worth of performance data.