What is hurdle rate for iRage Stratus fund?

It’s the minimum return a fund must earn before charging performance fees. If the hurdle is 8%, fees apply only on returns above 8% & not below.

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What is the iRage Stratus Fund?
The iRage Stratus Fund is a GIFT City based Category III AIF managed by iRage Investment Management LLP. It is a market-neutral fund designed to deliver returns 2-3% higher than FDs with low risk and controlled volatility.
What is the minimum investment amount for iRage Stratus fund?
The iRage Stratus Fund requires a minimum investment of USD 150,000 for non-accredited investors and USD 25,000 for accredited investors.
Who can invest in iRage Stratus fund?
This fund is available to non-resident investors including NRIs, OCIs and foreign nationals except for investors from US, Canada & FATF grey & black listed companies.
In what currency is the iRage Stratus fund denominated?
The fund is USD-denominated.
What is the benchmark of iRage Stratus fund?
The benchmark of this fund is the Bloomberg Quantitative Equity Market Neutral Hedge Fund Index.

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