Administration fees
Compare VCC administration fee terms
Use the same scope, fee basis and reporting period to compare quotations. Provider prices should come from a current written proposal.
Read each fee line in context
Accounting and NAV
Identify fixed fees, basis-point rates, minimums, caps and tiers. Confirm the assets used for the calculation and whether fees apply separately to each sub-fund.
Investor activity
Check included volumes and charges for onboarding, transfers, subscriptions, redemptions, capital calls and distributions.
Reports and additional services
List financial statements, audit support, tax-information reporting, company secretarial and other work. Avoid counting a bundled service twice.
First year and exit
Separate onboarding and migration costs from recurring charges. Review termination fees, data-export costs, notice periods and taxes.
Compare three totals
- Recurring annual cost: included work plus expected recurring extras.
- First-year cost: annual cost plus onboarding and migration.
- Change scenario: additional sub-funds, higher investor activity, different NAV frequency or a provider transition.
Ask providers to clarify tiered rates, charging periods and the treatment of average or period-end NAV. A simple basis-point calculation cannot reproduce every contract. Calculate a simple quotation →
Keep the fund brief consistent
State assets, valuation methods, AUM, sub-funds, investor numbers, dealing frequency, reporting requirements and the requested start date. For an existing fund, describe the available records and transition scope.
Compare provider proposals → · Browse public provider information →
Discuss your administration requirements
Request an introduction for a new fund or an existing mandate. Pricing and service terms are agreed directly with the provider.
Request an administrator introduction →Use current quotations for the specific fund mandate and obtain written clarification of any exclusions.