VCT’s tend to have higher management fees than other investments since the operating costs of running venture funds are higher given the complexity and resource required to source, diligence, and manage these portfolio companies.
VCT’s annual management fees tend to range between 2-3% per year and initial charges can be up to 5% on subscriptions. In addition, there are often performance related fees. VCT fees vary across managers, and all fees will be listed in the respective funds’ Key Information Document.
Sidekick will strive to present these fees in a clear and transparent way.