Fees & Commissions

Understanding how fees and commissions work is key to making informed investment decisions. At ECS, we believe in transparency, consistency, and aligning our incentives with your performance.

Below you’ll find a clear breakdown of the various fee structures we use, along with concise explanations of how and when they apply. If you’re new to terms like ATH or the High Water Mark principle, we’ve also included examples in the FAQ to give you clarity and confidence.

Management Fees

Fee TypeDescriptionRatePeriod
Annual Management FeeCovers ongoing fund management services.2% (per year)Quarterly

Profit Share Fees

Fund/ProductDescriptionRatePeriod
Securities Performance FeeCharged based on ATH* profit.5%Quarterly
FlagshipCharged based on ATH* profit.45%Monthly
LokiCharged based on ATH* profit.37%Monthly
VidarCharged based on ATH* profit.37%Monthly
Athena EACharged monthly based on ATH* profit.25%Monthly

Dividends & Fixed Income Fees

Fee TypeDescriptionRatePeriod
Securities Dividends FeeCharged on dividend profit as a tax paid to brokers or issuers.30%Quarterly
Fixed Income FeesCharged on gross fixed income revenue.30%Quarterly

FAQ

What is ATH (All-Time-High) profit and how does the High Water Mark apply?
ATH, or All-Time-High profit, refers to the highest value your portfolio has reached. A performance fee is only charged when your new profit surpasses this previous high. This concept works hand-in-hand with the High Water Mark principle, which ensures you’re only ever charged for net new profits. Example: Suppose your portfolio grew to $10,000 from $8,000 — this $10,000 is your ATH. If the next month your portfolio drops to $9,500, no fees are applied. Only when your balance exceeds $10,000 (e.g., it reaches $10,500) is a performance fee calculated on the $500 gain above the ATH.
What does High Water Mark principle mean?
This principle ensures performance fees are only applied when your portfolio exceeds its previous highest value, preventing fees on recovery gains after a loss.
What are Dividends Fees?
These are charges applied to dividend earnings, typically paid to the broker or the issuer of the security. They reflect the tax or commission costs involved in receiving dividends.
Can I minimize deposit and withdrawal fees?
Yes. By combining your deposits or withdrawals into fewer transactions, you can reduce the cumulative transaction fees paid to banks or brokers.
Are there hidden fees?
No. All fees are disclosed upfront — we maintain full transparency to ensure your trust and understanding.