Fees and Compensation — Form ADV Part 2A (6/29/2023)
[Brochure]
Item 5: Fees and Compensation
A. Compensation
MFMHKL does not have a basic fee schedule. Fee rates are negotiable and may vary
depending on a number of factors, including the size and nature of the mandate and the nature
of the services provided. Fees may comprise management fees (either a fixed dollar amount or
a percentage of gross or net assets under management) and performance fees. The specific
fee arrangements, including the amount, timing, and basis of calculation is determined through
negotiations with the client and documented in a written agreement.
B. Payment of Fees
The time at which fees are payable is negotiated with the client. In general, management fees
are payable monthly or quarterly in arrears. Performance fees, where applicable, are payable on
outperformance above an agreed benchmark, and may be subject to a high watermark. The
written agreement with the client generally provides that the client may terminate the agreement
under specific circumstances without the payment of any penalty, upon giving notice to MFMHKL.
C. Other fees
No additional fees are paid to MFMHKL by clients in connection with advisory service provided.
D. Payment of Fees in Advance
Clients are not permitted to pay fees in advance of advisory services being provided.
E. Compensation for Sale of Securities or Other Investment Products
Neither MFMHKL nor any of its supervised persons receives any compensation for the sale of
securities or other investment products. All forms of compensation are outlined in Item 5.A.
WS:FP_Sydney:5743826:v1
Macquarie Funds Management Hong Kong Limited
Form ADV Part 2A Page 6
Account Minimums and Types of Clients — Form ADV Part 2A (6/29/2023)
[Brochure]
Item 7: Types of Clients
MFMHKL generally provides investment advisory services to the following types of clients:
• Corporations/business entities
• Pooled investment vehicles
• Other investment advisers
MFMHKL’s clients may also include governments, government agencies, international
organizations, educational institutions and pooled investment vehicles that are exempt from
the definition of an investment company under the Investment Company Act of 1940.