Fees and Compensation — Form ADV Part 2A (3/31/2021)
[Brochure]
Item 5: Fees and Compensation
CCFA offers investment management services to registered investment companies and
insurance-dedicated funds.
Future annual investment management fees will be determined pursuant to individual
negotiations between CCFA and prospective Fund clients.
CCFA utilizes certain exchange traded funds and other investment vehicles (“acquired
funds) in circumstances in which direct investments in certain securities/markets may be
impractical due to high trading costs, minimum required investment allocations, and/or
other factors. Fees and expenses charged by acquired funds are separate and distinct
from advisory fees and expenses charged by CCFA and other service providers to the
funds. Consequently, to the extent that the CCFA Funds invest in acquired funds,
shareholders shall be assessed fund level fees and expenses both by the CCFA Funds
and the acquired funds.
4 Checchi Capital Fund Advisers, LLC
Termination of Agreement
Either party has the right to terminate any agreement without penalty with written notice.
CCFA will earn fees pro-rata through the date of termination. Upon termination of the
account, any prepaid, unearned fees will be promptly refunded, and any earned, unpaid
fees will be due and payable.
Account Minimums and Types of Clients — Form ADV Part 2A (3/31/2021)
[Brochure]
Types of Clients
As described in Item 4, CCFA is a registered investment adviser offering portfolio
management services to investment companies registered under the Investment
Company of 1940 and insurance-dedicated funds.
AUM Breakdown
Accounts
AUM ($M)
By Client Type
(a) Individuals (other than high net worth individuals)
0
0.0
(b) Individuals (high net worth individuals)
0
0.0
(c) Banking or thrift institutions
0
0.0
(d) Investment companies
0
0.0
(e) Business development companies
0
0.0
(f) Pooled investment vehicles
0
0.0
(g) Pension and profit sharing plans
0
0.0
(h) Charitable organizations
0
0.0
(i) State or municipal government entities
0
0.0
(j) Other investment advisers
0
0.0
(k) Insurance companies
0
0.0
(l) Sovereign wealth funds and foreign official institutions
0
0.0
(m) Corporations or other businesses not listed above