Cost Overview
The Real Cost of Running a Fund
A traditional fund involves a chain of intermediaries — each with their own fees. The full cost chain typically includes: Asset Manager → Custodian → Transfer Agent → Clearing House → Fund Platform → Distributor → Investor. Every link in that chain charges fees. Below is a transparent breakdown for each structure type.
Cost Item
Typical Range
Notes
Cost Guide
What Does It Really Cost to Set Up a Fund?
Real numbers from legal setup to annual operating costs — across UCITS, AIF, offshore structures, and the Actively Managed Certificate alternative. No estimates. No surprises.
€100k–500k
Typical UCITS
setup cost
3–6 months
Time to launch
a regulated fund
6+ parties
Intermediaries in a
typical fund chain