Fees and Compensation — Form ADV Part 2A (2/8/2021)
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Item 5 Fees and Compensation
HarbourView’s fees are set forth in the investment management agreement, disclosure
document and/or operating agreement for a Structured Product and may vary according to cash
flows and other expenses generated by the particular Structured Product, the investment
objective of the Structured Product, the investment approach used in managing the portfolio of
the Structured Product and other factors.
In most circumstances, HarbourView’s fee is paid at one or more steps in each Structured
Product’s distribution payment waterfall and may only be paid to HarbourView if the Structured
Product has sufficient cash available at the applicable waterfall payment step(s).
With respect to certain Structured Products, HarbourView may be paid an incentive–based fee
that is dependent upon HarbourView achieving certain performance targets. Payments of
advisory fees are collected and paid by the Structured Product’s trustee to HarbourView.
Investors in the Structured Products incur and pay other fees and expenses, such custodian,
trustee, issuing and paying agent, administrative, audit, accountant, and legal, in connection with
their investments in the Structure Products.
Account Minimums and Types of Clients — Form ADV Part 2A (2/8/2021)
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Item 7 Types of Clients
The Firm serves as investment adviser or collateral manager to Structured Products, which are
pooled investment vehicles that are deemed to be “qualified purchasers” under Section
2(a)(51) of the Investment Company Act.