What costs are there for the co-investors?
Edited
For the set-up and ongoing management of the SPV, bunch charges the SPV a yearly software fee. The bunch fee includes costs for access to the bunch platform as well as for the services bunch provides.
Platform capabilities include but are not limited to, onboarding, KYC collection, capital calls, capital account statements, reporting and performance overviews, shareholder voting features, distributions, and digital signature services for documents.
Services include but are not limited to, full administration of the entity, i.e. legal documentation and incorporation of the investment entity, bank account, tax & accounting, and reporting (if applicable).
*Please note that potential notarisation costs are to be borne by the investors.