Fees and Compensation — Form ADV Part 2A (8/12/2016)
[Brochure]
Item 5: Fees and Compensation
Management Fee
Asiya Asset Management (Cayman) Ltd.
Form ADV Part 2A
The fees applicable to each Fund are set forth in detail in each Fund’s offering documents;
with respect to each of the share classes, the Firm receives annual management fees ranging
up to 2% per annum in respect of the net asset value (“NAV”) of the respective Funds
without accrual of unearned management fees and performance allocation (“Management
Fee”). Depending on the terms of the governing documents of each fund structure,
management fees may be paid monthly or quarterly in advance.
The Funds may from time to time enter into Side Letters providing for changes in
management fees and performance allocation.
The Funds pay for organizational and initial offering expenses as well as ongoing operating
expenses, including but not limited to, accounting, auditing, tax preparation, legal,
administration, research, and trading costs. The Funds may incur brokerage and other
transaction costs. For further details on the Firm’s brokerage practices refer to Item 12 of
this Brochure.
Depending on the terms of the governing documents of each fund structure, fees and
compensation may be deducted from the assets of each Fund on a monthly or a quarterly
basis.
Clients with SMAs in general pay Management Fees that have been negotiated on an
individual basis.
Brokerage Fees
The Funds are responsible for paying any and all brokerage fees including, without limitation,
commissions, annual fees, brokerage charges, bank charges, registration fees, clearing and
settlement charges, option premiums, taxes and/or duties.
Account Minimums and Types of Clients — Form ADV Part 2A (8/12/2016)
[Brochure]
Item 7: Types of Clients/ Eligible Investors
Asiya provides investment advice to the Funds. Investors in the Funds primarily consist of
institutional investors and high net worth individuals.
The minimum initial investment amount for each Fund is generally US$1,000,000 with
minimum subsequent investment amounts varying for each Fund, but ranging from US$
100,000 to US$1,000,000 depending upon the terms of the Fund. In certain circumstances,
Asiya Asset Management (Cayman) Ltd.
Form ADV Part 2A
minimum investment amounts may be amended by directors in consultation with the Firm,
subject always to any laws or regulations governing the Fund.
All SMA clients will be required to enter into a separate management agreement with either
the Firm or the Advisor. The Firm may require a minimum account size to be determined on
a case by case basis.