Cache Exchange Funds have a structured fee schedule based on an investor's commitment into the fund. Here's a breakdown of the typical fees associated with Cache funds:
Management Fees
Our management fee ranges from 0.40% to 0.95% on an annual basis, calculated on the fund's gross assets under management and charged monthly as 1/12 of the annual rate.
This fee structure is designed to be competitive and is significantly lower than many traditional exchange funds, reflecting Cache's commitment to providing cost-efficient investment solutions. Depending on your participation amounts, the fees decrease according to the following scale.
These are baseline rates, but may be reduced by any discounts, such as stock-specific discounts, referral discounts, or other promotions.
$100,000 – $249,999: 0.95%
$250,000 – $499,999: 0.85%
$500,000 – $999,999: 0.70%
$1,000,000 – $4,999,999: 0.60%
$5,000,000 – $24,999,999: 0.50%
$25,000,000 and above: 0.40%
These rates are determined based on cumulative contributions to the funds. Unlike a bracketed system, once you qualify for a lower fee tier, that single rate applies to your entire balance across all Cache funds. This ensures that larger contributions benefit from reduced fees.
After you complete seven years in the fund, the annual management fee automatically drops to 0.25%.
We offer stock-specific discounts, referral discounts, and other discounts from time to time. Check eligibility for stock-specific discounts by exploring your options on our website. Detailed fee schedules and adjustment tiers are also in the FAQ section of the Cache client portal.
We also offer wholesale pricing through financial advisors. Ask your advisor about it.
For a detailed fee schedule and specific cost structure details, please refer to the Private Placement Memorandum (PPM).
Sales or Subscription Fees
We do not charge any sales fees, subscription fees, or commissions.
Performance Fees
There are no performance fees associated with our funds.
Redemption Fees
No redemption fees are charged to investors who have participated in the fund for at least seven years. There are fees associated with early redemption.
ETF Expenses
Our Flagship Fund series uses ETFs as part of portfolio construction to help maintain benchmark alignment and diversification. These ETFs carry their own internal expense ratios (typically around 0.10%), charged by the ETF provider — offset by a management fee reduction in the Flagship series so investors aren't paying overlapping costs.
Other Expenses
These include tax and audit expenses, setup expenses, real estate expenses, and other operational costs, typically in the 0.10%–0.15% range, shared across all investors and factored into the fund's net asset value.
Keeping fees low and transparent aligns with our overall objective of offering a cost-effective way to diversify.
To request an allocation, just tell us some basic information about your stocks.