> For the complete documentation index, see [llms.txt](https://info.aspis.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://info.aspis.finance/for-vault-creators/create-on-chain-vault/fees-and-commissions.md).

# Fees & Commissions

### Choose fees wisely

Fees are rewards, that Fund Manager gets for managing the fund. There are three different types of fees that can be applied:

* **Entrance fee** - a fee that is taken instantly in a moment when the user deposits funds due to unique access of the fund manager to network and/or deal flow, which is typically taken when an investor can not participate in the proposed deal without the fund manager.
* **Fund management fee** - a fee that taken to cover expenses to manage the fund and typically covers such costs as analyst's salaries, office rent, travel expenses, and so on.
* **Performance fee** - a fee which is taken from profit, generated by the fund manager. This fee is only applied when the fund manager  generates profit for investors, so we strongly recommend investors give preference to the funds, which are taken only Performance fee to avoid [Principal and Agent conflict of interest.](https://www.investopedia.com/terms/p/principal-agent-problem.asp)

You can find a comparison and description of fees below:

<figure><img src="/files/4kfRXuqQII8UpVzfuUJ0" alt=""><figcaption><p>Fees comparison table</p></figcaption></figure>

Fees can be applied separately or together depending on the fund's activity and type. <br>

<figure><img src="/files/CX343e3xG0L8Hv8IaucQ" alt=""><figcaption><p>Example of interest distribution</p></figcaption></figure>


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:

```
GET https://info.aspis.finance/for-vault-creators/create-on-chain-vault/fees-and-commissions.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.