Fees and Compensation — Form ADV Part 2A (9/27/2019)
[Brochure]
Item 5. Fees and Compensation
The general policy of GTP is to assess client fees according to the current fee schedule. Actual
fees, minimum fees and minimum accounts size may be negotiated and may vary from the
schedules below due to the particular circumstances of the client, additional or differing levels of
servicing, or as otherwise agreed with specific clients. GTP may also enter into performance
based fee arrangements with eligible clients.
The standard fee schedule and basis of computation are given below. Fees are generally based
on the combined market value of all securities and cash on the accounting date and are normally
payable quarterly or monthly in arrears. GTP bills its clients for fees incurred. For clients sub-
advised by GTP, the client will typically be billed by their adviser, and GTP will receive
compensation for its services from the adviser. Total fees paid by GTP sub-advised clients may be
different than those paid by clients advised directly by GTP. Existing client accounts may be
paying higher or lower rates than outlined below. GTP may also charge a lower fee depending
on the entirety of its relationship with a particular client.
The following fee schedule is expressed on an annual basis and assumes securities are held in
custody with a bank, trust company or broker.
Unless provided for below, in addition to paying advisory fees, clients will pay brokerage
commissions, mark-ups, mark-downs and/or other commission equivalents related to
transactions in their advisory accounts.
Fee Schedules/Arrangements and Standard Annual Fees
Global Thematic Equity, Long Duration Equity and Digital Health Strategy
Fee Assets Minimum Fee
0.70% First $50 million Min Annual Fee $175,000
0.65% Next $50 million
0.60% Next $50 million
0.55% Next $50 million
0.50% on the balance
Bottom Billion Strategy
Fee Assets Minimum Fee
0.95% First $50 million Min Annual Fee $237,500
0.90% Next $50 million
0.85% Next $50 million
0.80% Next $50 million
0.75% Above $200 million
Minimum account size is $25mm.
GTP also manages an Irish UCITS Fund. The fee structures for pooled vehicles are set forth in the
relevant offering and/or subscription documents. These fees and minimums may be different
than the standard fees above.
Account Minimums and Types of Clients — Form ADV Part 2A (9/27/2019)
[Brochure]
Item 7. Types of Clients
GTP provides investment advice to many types of clients including: corporations, pension plans,
governments, foundations and endowments, trusts, international public authorities, pooled
investment vehicles including non-U.S. funds.
Minimum account size is $25mm, which may be waived at GTP’s sole discretion. Minimums for
pooled vehicles may differ, subject to their offering memorandum.