What is Abra Capital Management (ACM)? ACM is an investment adviser registered with the SEC. You may review ACM’s firm brochure, status and filing on the SEC’s website here. Please also see ACM’s Form CSR here.
What are the various fees Abra charges?
Asset Based Fees (AUM)
Abra charges an advisory fee that ranges from 0.20% to 2.00%, depending on the product.
| Custody | 0.20% per year of assets under management |
| Investment Strategies |
No fees for the BTC yield strategy. The yield you receive every month is net of fees. |
| Loans | 1.00% fee per year of the loan collateral. |
Transaction Fees
| Trades | Built into the spread. |
| Wire Deposit (USD to USDC) | 0.10% at time of deposit. |
| Wire Withdrawal (USDC to USD) | 0.10% at time of withdrawal + $30 will be charged at end of the month. |
| Wrap & Unwrap BTC | <0.25% |
| Network Fees | Straight pass through from the network/ blockchain. |
| Loan Origination Fees | 2.00% of the loan amount |
How will ACM be managing my assets?
ACM serves as an adviser to you through an Advisory Agreement. This agreement can provide ACM with either non-discretionary or discretionary authority over your account. If the agreement is non-discretionary, ACM will not take any action within your account that is not directed by you.
What is the method, formula for calculating management fees?
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