• Home
  • Funds
    • Global Timber Fund
    • CMI Funds
    • Delphia Canadian Funds
    • Caravel Fund
  • In the News
  • Publications
  • About Us
  • Contact Info
  • More
    • Home
    • Funds
      • Global Timber Fund
      • CMI Funds
      • Delphia Canadian Funds
      • Caravel Fund
    • In the News
    • Publications
    • About Us
    • Contact Info
  • Home
  • Funds
    • Global Timber Fund
    • CMI Funds
    • Delphia Canadian Funds
    • Caravel Fund
  • In the News
  • Publications
  • About Us
  • Contact Info

Delphia Fund Classes

Two levels to meet your needs

Founder Class

Minimum: $1 Million USD 


Availability: Until aggregate Founder Class AUM reaches $50 million USD 


Management Fee: 1.50% - reduced to 1.00% at $250 million in aggregate AUM 


Incentive Allocations:

  • 10.00% if we make 10.00% or less gross returns  
  • 20.00% on the incremental if we make more than 10.00% (reduced to 15.00% on the incremental at $250mm in aggregate AUM) 


Subscriptions: Monthly  


Redemptions: 

  • End of Quarter with 45 day written advanced notice  
  • Investor Redemption scaled over 4 quarterly redemption periods  


Lock-up:  1-year with an Early Redemption Fee of 5% during lock-up period  


High Watermark – Yes  

Perpetual - Yes  


Series Accounting:

Annual Consolidation / Crystallization of Incentive Allocations  

Investor Class

Minimum: $250,000 USD


Management Fee: 2.00% 


Incentive Allocations:

  • 10.00% if we make 10.00% or less gross returns  
  • 20.00% on the incremental performance between 10.01% and 20.00% gross returns  
  • 30.00% on the incremental performance between 20.01% and 30.00% gross returns  
  • 40.00% on the incremental performance between 30.01% and 40.00% gross returns  
  • 50.00% on the incremental performance above 40.00% gross returns 


Subscriptions: Monthly 


Redemptions: 

  • End of Quarter with 45 day written advanced notice   
  • Investor Redemption scaled over 4 quarterly redemption periods   


Lock-up:  1-year with an Early Redemption Fee of 5% during lock-up period   


High Watermark – Yes   

Perpetual - Yes   


Series Accounting :  

Annual Consolidation / Crystallization of Incentive Allocations 


Copyright © 2023 Corton Capital - All Rights Reserved.

  • Disclaimer