What is Abra Capital Management (ACM)? Abra Capital Management, LP (“ACM”) is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration with the SEC does not imply a particular level of skill or training or an endorsement by the SEC. Additional information regarding ACM and its advisory services is available in ACM’s Form ADV and Form CRS. 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 fees does ACM charge?
ACM may charge investment advisory fees based on the assets managed in a client's account or in connection with a particular investment strategy. The applicable advisory fee varies depending on the strategy or service selected and is described in the client's Investment Management Agreement and applicable strategy documentation.
Certain strategies or transactions may also be subject to transaction-based fees or other charges as disclosed to the client.
Are there other costs associated with my account or transactions?
Yes. Depending on the products, services and transactions selected, clients may incur costs in addition to ACM's investment advisory fees. These may include the expenses related to trading or execution costs, spreads, blockchain network fees, protocol fees, deposit or withdrawal fees, conversion or wrapping costs, borrowing costs, custody-related costs, and other third-party charges.
These costs may be charged by ACM, an affiliate, or a third-party service provider, as applicable. The amount and method of calculating these costs may vary based on the transaction, service provider, market conditions and other factors. Applicable fees and costs are disclosed in the relevant client, account, transaction or strategy documentation.
What are the various fees Abra charges?
Asset Based Fees (AUM)
Abra Capital Management “ACM” charges an advisory fee that ranges from 0.20% to 2.00%, depending on the advisory agreement, generally:
Advisory |
0.20% per year of assets under management |
Advisory Fees on Principal for Yield Strategy |
No fees for the BTC yield strategy. The yield you receive every month is net of fees.
|
Advisory Fees on Collateralizations |
0.20% fee per year of the loan collateral.
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Transaction Fees
These general costs by Abra Financial Holding, Inc support the foundational rails, technologies and costs required to facilitate relevant investment transactions. Certain transactions may include a spread or other execution costs. Applicable trading and execution costs depend on the transaction and execution arrangement.
| Trades |
Built into the spread.
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| Wire Deposit (USD to USDC) |
0.10% at time of deposit.
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| Wire Withdrawal (USDC to USD) |
0.10% at time of withdrawal + $30 will be charged at end of the month.
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| Wrap & Unwrap BTC |
<0.25%
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| Network Fees |
Passed on from network/ blockchain.
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| Collateralized Borrowing Transaction Fee |
1.00% of the loan amount
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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.
Updated as of 6/4/2025
What is the method, formula for calculating management fees?
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