kaal:claim:2998033-031

LendingRobot can charge only a one percent management fee and a maximum 0.59 percent fund expense fee because its business model removes the investment adviser, overhead costs, and the legal fees attached to each individual investor agreement.

Because LendingRobots' business model removes the investment adviser, overhead costs, and legal fees associated with each investor agreement, LendingRobot is able to charge a mere 1% management fee and a maximum 0.59% fund expense fee per year.

Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017), IV.3.a) Funds Lowering Fees via Blockchain Technology, p. 26
https://ssrn.com/abstract=2998033 · source PDF

Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2998033

• describes LendingRobot's blockchain secured automated hedge fund

mechanismsupport: evidenceddefilaw-and-legal-systems

• restates kaal:claim:2959730-033 LendingRobot can charge only a 1% management fee and a maximum 0.59% annual fund expense fee because its block...

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