1. What are the procedures for asset management account opening?
Visit and sign account opening document and asset management agreement at CASH Financial Service Group's Main Sales and Operation Center at 22/F, Manhattan Place, 23 Wang Tai Road, Kowloon Bay, Hong Kong with your: - Personal Identification Documents ( e.g. HKID Card / Passport )
- Latest residential proof with effective in 3 months
2.What is the minimum asset requirement for asset management account opening?
For asset management account opening, the minimum asset is HK $5,000,000 or stock of equivalent value.
3.What is management fee? How much is it? When is it collected?
Management fee is the service charge for the professional investment and portfolio management provided for the clients. It is 1% per annum and collected at the time of account opening in the first year.
4.What is performance fee? How much is it?
Performance fee is charged for the investment returns. It is 10% of the net profit per annum.
5.What is redemption period? How much is early redemption fee?
Investors are prohibited from withdrawing their investment within the redemption period. There is no time restriction on the investment plan.