IDFAQ > Payment
We employ high water mark post distribution mechanism.
Example:
On month 1, you start with 10 mio IDR.
On month 2, it rose to 12 mio IDR. We will then charge you a percentage of 2 mio IDR profit.
On month 3, your equity fell to 11 mio IDR. We will not charge you anything.
On month 4, your equity rose again to 14 mio IDR. We will then charge you a percentage of the difference between 14 mio IDR and 12 mio IDR (previous all time high) —> 2 mio IDR
This process is then repeated again for future months.
The profit sharing percentage will depend on Asset Under Advisory (AUA):
1. Below 1 bio IDR: 20%
2. Above 1 bio IDR: 15%
You will receive your invoice on the 27th of every month. The deadline for payment is the 10th of the next month.
We will terminate your account and you will no longer receive investment signal from us.
Yes we understand, our fees may get very expensive since we charge from your portfolio growth, which may include stocks with unrealized profits. And this may impede your monthly cashflow.
Our solution for this (which is optional) is to make the fee payment self-sustaining from your investment profits. We will generate a sell signal for you to sell some of your stocks to cover the fee.
To do so, let us know in your Recompound Whatsapp group and we will take in your request.
While this may seem unfair to our customers at first glance, we do this because our orientation is on long term investment, not short term trades. Moreover, we only charge our customers if their portfolio value breaks all time high. If by the end of month your portfolio value goes down, we are not allowed to charge our customers until their portfolio value breaks all time high again.
However, you have the option to liquidate some of the profits to cover Recompound fee. To do so, let us know in your Recompound Whatsapp group and we will take in your request.
