Xtellus Advisors provides investment advice to private pooled investment vehicles, also known as Funds, intended for institutional and sophisticated investors. Xtellus generally has broad investment authority based on each Fund's specific investment objectives and strategies. Xtellus does not tailor its advisory services to the individual needs of investors in the Funds.
Xtellus Advisors manages investments for pooled investment vehicles and charges a management fee based on the value of the assets managed. The management fee is up to 2% annually, calculated quarterly. In addition, Xtellus charges a performance fee of up to 20% of the income, gains, and losses from the investments.