🍕Protocol Fee

Fume charges a protocol fee, also known as the "Fume Fee", for using its on-chain fund administration platform. This fee is based on the fund’s assets under management (AUM) and varies depending on the pricing plan, with a maximum commission of up to 0.5% of the fund’s AUM.

The Fume Fee is charged during the NAV calculation, before the management and performance fees are applied. It will appear as a "cost" entry in the pending liabilities of the fund (Outflows section).

Setting a higher base (fixed) fee can reduce the protocol fee. See our pricing page or contact us for a tailored offer.