Fees and Compensation — Form ADV Part 2A (3/27/2024)
[Brochure]
Item 5: Fees and Compensation
Due to the customization of the investment management and advisory services Silva Capital
performs, all investment and advisory contracts reflect negotiated advisory fees. Clients have
negotiated fees based on a percentage of assets under management, performance-based fees and
combinations of the aforementioned.
Given the diversity of client mandates, client invoicing varies. Silva Capital invoices quarterly
or monthly in arrears.
Silva Capital's investment advisory fees are separate from and in addition to, fees charged by
money managers or mutual funds the client may invest in, as well as separate from and in
addition to any brokerage, custody, trust or other fees charged by third parties. The client is
responsible for payment of any such separate additional fees.
Account Minimums and Types of Clients — Form ADV Part 2A (3/27/2024)
[Brochure]
Item 7: Types of Clients
Silva Capital provides investment and risk advisory services to institutions and multinational
corporations. Silva Capital clients generally present a need specific to operating or investing
internationally.
Typically, institutional investors seek alpha generation, active management of capital, asset and
currency diversification, market analysis and assessment, or trade generation and analysis.
Typically, multinational corporate clients seek active currency overlay services, option pricing
transparency, trade idea generation and OTC FX option structuring expertise.
Silva Capital generally requires a minimum $10MM of investment assets to begin an investment
management relationship. Silva Capital may waive this minimum at its discretion if a client is
able to make representations concerning their sophistication as an investor and their ability to
bear the risk of loss of their entire investment under Silva Capital's management.