Applies to All Participants Pursuant to Shared Use of the Governing Structures and Websites:  Inclusive of the ISDA, G47 Marketplace,
CPO Silver Exchanges & CPOs, Cloud & Social Media platforms

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Introduction

 

Below is the accounting expenses associated with your self-directed IVA, which must always be maintained at a minimum threshold of twenty-one (21) individual 0.999 fine Silver coins combined on deposit and/or deployed into qualifying G47 Marketplace Community Procurement Opportunities (CPO’s).  Failure to maintain this minimum twenty-one-coin threshold will result in losing your covering afforded by the ISDA protective custodian relationship, and you will be responsible for any administrative costs and/or related third party fees associated with the return of your silver, as well as any value added tax or other tax liabilities.

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We are forthright about our shared expenses* and make them easy to understand.  There are five categories: Establishment, Administration, Exchange, Termination, and Other Expenses.  Use our self-directed IVA calculator to estimate your expenses today! 

 

IMPORTANT NOTE:  These community shared expenses are far lower than other comparable costs you would incur for assets under management elsewhere.

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Shared Expense Schedule

 

Account Establishment Expense

• One-time, non-refundable amount per account:                              

  • LBMA Daily Fixed + 18.5% (Includes physical logistics and vault depository services of American Silver Eagle Coins)

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Account Membership Expense

• One-time, non-refundable amount per account:                              

  • 12 ICOs (equivalent or greater value of $250 USD)*

 

Annual Account Administration and Maintenance Expense

• Option 1 - Based on Asset Value (<$10,000):                                    

  • 12 ICOs (equivalent or greater value of $250 USD per IVA per year; or subscribe 1 ICO/month, which is the equivalent or greater value of $25/month)*
     

• Option 2 - Based on Asset Value (>$10,000 value):                         

  • 2.5% AUS per IVA (assessed quarterly in arrears)*

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Account Acquisition, Disposition and Exchange Expenses

• Acquisition, Disposition or Exchange of Like-Kind G47 Assets:             

  • 0 ICO
     

• Acquisition, Disposition or Exchange of G47 CPOs:                 

  • 0 ICO
     

• Acquisition, Disposition or Exchange with Non-Recourse Leveraging:             

  • 12 ICOs (equivalent or greater value of $250 USD; applies to any leveraged position structured for
    recapturing personal acquisition expenditures apart from ISDA approved CPOs)

    • Max IVA leverage up to 95% Intrinsic Value for CPO Beneficial Interest Unit acquisitions at any time;

      • Self-imposed monthly payments based on a rate between 4.7 to 10.0% less 2.5% AUS to ISDA Admin

    • Max IVA leverage up to 60% Intrinsic Value for personal acquisitions authorized only for fully vested IVAs (1yr/1day);

      • Self-imposed monthly payments based on a rate between 4.7 to 10.0% less 2.5% AUS to ISDA Admin
         

Account Termination Expense or Redemption Expense

• One-time, non-refundable amount per account:                                   

  • 12 ICOs (equivalent or greater value of $250 USD)

 

Other Expenses

• IVA and ACH transfers, incoming and outgoing:                                 

  • 0 ICO
     

• Wire transfers, per item, incoming and outgoing:                             

  • 2 ICOs (equivalent or greater value of $50 USD)
     

• Logistical delivery of assets via FedEx, UPS, USPS, etc.:                             

  • All costs & liabilities borne by IVA Holder pursuant to Incoterms 2010 (EXW)
     

• Checks, Check Requests:                                                                       

  • ½ ICO/check (equivalent or greater value of $10 USD/check)
     

• Cashier's or other official bank check:                                               

  • 2 ICOs (equivalent or greater value of $50 USD)
     

• Special handling of transactions:                                                         

  • 12 ICOs/hour (equivalent or greater value of $250 USD/hour)

               [includes research of closed assets or accounts, legal research, or similar matters]
 

• Returned items of any kind and stop payments, per item:                           

  • 2 ICOs (equivalent or greater value of $50 USD)

 

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Important Note: Professional Alliance Program ("PAP") Negotiated Expense Schedule and/or other promotional programs supersede this schedule.  Expense schedules for other services and products are listed separately and must be acknowledged at time of request.

 

* The number of ICOs for shared expenses may change accordingly without prior notice as based upon the value of silver pursuant to
   LBMA Daily Fixed Rate.

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