Pricing
Fees aligned with outcome.
Our fee structure is deliberately simple. Management fee covers infrastructure. Performance fee aligns incentives. No hidden structure, no pass-through games.
Foundation
$250,000
minimum allocation
Management
1.5%
Performance
15%
For serious individual capital.
- Full client portal access
- Monthly PnL statements
- Tax lot tracking (FIFO default)
- Standard audit trail
- Quarterly written commentary
Most aligned
Principal
$1,000,000
minimum allocation
Management
1.0%
Performance
20%
For principal allocators who want visibility into the engine.
- Everything in Foundation
- Custom risk parameter tuning
- Operator-mode visibility
- Quarterly principal call
- Priority support channel
Institutional
$10M+
minimum allocation
Management
Bespoke
Performance
Bespoke
For family offices, endowments, and multi-strategy platforms.
- Dedicated infrastructure sleeve
- Custom strategy configuration
- SLA-backed execution guarantees
- Direct engineering liaison
- Quarterly deep-dive review
- Custom reporting integrations
Fee notes
High-water mark
Performance fee applies only on new highs. You never pay twice to recover.
Hurdle rate
5% annual hurdle, applied to performance fee calculation. Returns below the hurdle carry no performance fee.
Liquidity
Monthly liquidity, 30-day notice. No lockup for Foundation or Principal.
Custody
Capital held at your prime broker. SigmaX has trade authority only.