The Associate’s Portfolio is our standard investment portfolio. This investment portfolio is a foundation that the Master’s Portfolio develops further.
Makes investments exclusively in S&P 500 companies.
All stock portfolio.
53 week holding period.
Stocks are purchased once annually.
No PFOF brokerages.
How high is the hurdle rate?
This portfolio has a hurdle rate of 15%, meaning any gross returns under that amount do not have a performance fee.
For example, if $200,000 of Winvest shares are owned and the return for the portfolio is 15%, no performance fee is taken and an investor in the fund now has precisely $230,000 in fund value assuming the 1.3% management fee is paid in full. This example excludes the redemption fee of $47.
What are the fees for this portfolio?
A 1.3% annual management fee plus 20% of profits generated if profits exceed 15%.
Large investments may qualify for a reduced management fee of 0.5% per year.
$47 redemption fee on the sale of fund interests.
What happens if I’m dissatisfied with my investment experience?
In this case fund members can have their management fee returned to them upon their request.
How much is a minimum investment?
The investment minimum for the Associate’s Portfolio is $200,000.
What happens if a stock the fund is invested in no longer has S&P 500 status?
This scenario is an improbable one, but has occurred once in 2017 with our investment in First Solar, Inc.
In all scenarios it is fund protocol to hold its position despite the company no longer having S&P 500 status.
Do I qualify to invest in hedge funds?
Qualifying to invest in a hedge fund means being an accredited investor. For more info on this, please visit the United States Securities and Exchange Commission.
Single individuals, for qualification purposes, must have be able to show they have $1 million in net worth, excluding the value of their primary residence. Another way is if an individual has earned $200,000 or more in each of the previous two years.
Married couples qualify by having earned $300,000 or more in each of the most recent two years. Showing $1 million in net worth would also qualify a couple if earnings requirements cannot be met.
A private business or organization qualifies to invest in hedge funds if their assets are equal to or greater than $5 million.
In 2016, the U.S. Congress modified the definition of an accredited investor to include registered brokers and investment advisors. Also, if a person can demonstrate sufficient education or job experience showing their professional knowledge of unregistered securities, they too can qualify to be considered an accredited investor and invest in hedge funds.
When can I redeem my shares?
Winvest has an open redemption policy. Quarterly, Winvest interests may be redeemed and withdrawn.