Most Portfolio Managers allow one to choose between a fixed and a performance-linked management fee or a combination.
Fixed Fee: If one opts for the fixed fee, he may pay around 2.50% p.a. of portfolio value; this is usually calculated on a weighted average basis.
Performance linked Fee Option: In the performance linked fee option, there is a fixed fee of around 1.5% to 2% along with a percentage of your profit - usually 20% - earned over and above a threshold level, which may range between 8% and 10%. Apart from management fees, separate charges will be levied example brokerage charges.