Electraphysics MNLSH manages portfolios denominated in US Dollars.

 

If you operate in a currency other than the United States Dollar.

 

This document outlines international finance problems that affect you and our solutions for them.

 

Electraphysics charges only a performance fee.

 

However, fees exist outside of our domain - in your control  when working with competitive financial institutions.

 

Common source of loss, charged by third parties such as local banks, include:

 

1. Currency exchange fees.
2. International wire transfer fees.
3. Home currency gain/loss.

 

These fees are not negligible and should not be ignored as they have a real impact on your effective net return.

 

 

 

  Cost-Efficient International Currency Conversion

 

 

Electraphysics does not recommend members to use their local bank to convert funds to USD.

 

Use our systems for that process.

 

Deposit home currency funds in your Electraphysics account and use the interbank rate for conversion.

 

As low as 0.5%, near the actual market rate versus 2.5 to 5.5%  (each way) compared to local banks.

 

Process:

 

1. Deposit funds locally in your Electraphysics account for your country of residence (see below).
2. Log in to Electraphysics and convert funds to USD (or vice versa) at the interbank rate.
3. Your funds are prepared for management by MNLSH without any further work.

 

 

    Electraphysics Interbank Reference:

 

Canada

 

Electraphysics Inc

Institution number:  621

Account number:  200110103262

Transit number:  6001

Ottawa, Canada

United States

 

Electraphysics Inc

Routing number:  084009519

Account number:  9600 0007 3282 7116

New York City, United States

Europe/SEPA, Switzerland & Monaco

 

Electraphysics Inc

BIC:  TRWIBEB1XXX

IBAN:  BE77 9672 1574 5342

Brussels, Belgium

United Kingdom

 

Electraphysics Inc

Sort code:  23-14-70

Account number:  67632589

IBAN:  GB91 TRWI 2314 7067 6325 89

London, United Kingdom

 

Singapore

 

Electraphysics Inc

Bank code:  7171

Account number:  885-074-147-495

Singapore

 

Australia

 

Electraphysics Inc

BSB code:  802-985

Account number:  213695345

Victoria, Australia

New Zealand

 

Electraphysics Inc

Account number:  04-2021-0094965-46

London, United Kingdom

Romania

 

Electraphysics Inc

Bank code:  BRELROBUXXX

Account number:  RO16 BREL 0005 6005 3139 0100

Brussels, Belgium

Hungary

 

Electraphysics Inc

Account number:  12600016-16624255-10514761

Brussels, Belgium

 

Turkey

 

Electraphysics Inc

IBAN:  TR06 0010 3000 0000 0037 7203 18

Istanbul, Turkey

Canada

 

Max amount per transfer:  1,500,000 CAD

Fee:  To your local bank account:  1.56 CAD

Fee:  From your local bank account:  0 CAD

Outgoing Delivery Time:  < 1 day.

Incoming Delivery Time:  < 1 day.

United States

 

Max amount per transfer:  1,000,000 USD

Fee:  To your local bank account:  5.56 USD

Fee:  From your local bank account:  7 USD

Outgoing Delivery Time:  < 5 days.

Incoming Delivery Time:  < 1 day.

Europe/SEPA, Switzerland & Monaco

 

Max amount per transfer:  1,200,000 EUR

Fee:  To your local bank account:  0.41 EUR

Fee:  From your local bank account:  0 EUR

Outgoing Delivery Time:  < 1 day.

Incoming Delivery Time:  < 1 day.

United Kingdom

 

Max amount per transfer: 1,000,000 GBP

Fee:  To your local bank account:  0.31 GBP

Fee:  From your local bank account:  0 GBP

Outgoing Delivery Time:  < 1 day.

Incoming Delivery Time:  < 1 day.

Singapore

 

Max amount per transfer:  1,200,000 SGD

Fee:  To your local bank account:  0.93 SGD

Fee:  From your local bank account:  0 SGD

Outgoing Delivery Time:  < 4 hours.

Incoming Delivery Time:  < 4 hours.

Australia

 

Max amount per transfer:  1,500,000 AUD

Fee:  To your local bank account:  0.31 AUD

Fee:  From your local bank account:  0 AUD

Outgoing Delivery Time: < 6 days.

Incoming Delivery Time: < 1 day.

New Zealand

 

Max amount per transfer:  2,000,000 NZD

Fee:  To your local bank account:  0.54 NZD

Fee:  From your local bank account:  0 NZD

Outgoing Delivery Time:  < 5 days.

Incoming Delivery Time:  < 1 day.

Romania

 

Max amount per transfer: 5,300,000 RON

Fee:  To your local bank account:  3.71 RON

Fee:  From your local bank account:  0 RON

Outgoing Delivery Time: < 5 days.

Incoming Delivery Time: < 1 day.

Hungary

 

Max amount per transfer:  300,000,000 HUF

Fee:  To your local bank account:  96 HUF

Fee:  From your local bank account:  0 HUF

Outgoing Delivery Time:  < 5 days.

Incoming Delivery Time:  < 1 day.

Turkey

 

Max amount per transfer:  1,000,000 TRY

Fee:  To your local bank account:  10.57 TRY

Fee:  From your local bank account:  0 TRY

Outgoing Delivery Time:  < 3 days.

Incoming Delivery Time:  < 1 day.

• Delivery time and fees are shown for the maximum transfer amount.

• Delivery time is shorter for lower amounts.

• Multiple concurrent transfers are allowed.

 

If you live in an area not listed, you must externally convert funds to USD and transfer funds to our U.S. Bank.

 

Work with a financial institution in your country that provides the best exchange fees.

 

 

 

FX Volatility Risk Management

 

 

Members may use options and forward contracts to manage FX volatility internally or with a currency-overlay manager.

 

A simple and cost-effective solution:  Redeem funds when the USD is higher than when you originally converted.

 

MNLSH will notify you when the USD is above a price you have set, without monitoring FX rates.

 

Electraphysics can assist you or your organization with this process.

 

 

 

If you are from a country that is not listed above:

 

Portfolio Managers/Funds based in countries not listed above may acquire Electraphysics membership.

 

If you do not keep USD funds, externally converting your currency to USD will be required.

 

Select an institution providing competitive rates to reduce the effect of exchange fees.

 

 

Note:  External conversion at your local bank needs to be only a one-way process.

 

On redemption, convert USD to your home currency through our systems at the interbank rate.

 

50+ currencies are supported.

 

 

Your funds are prepared in advance for transfer to your bank without incurring exchange fees upon receipt.

 

Members from the following countries are accepted, contact member services for more information.

 

 

Argentina

Australia

Bahamas

Belize

Brazil

British Virgin Islands

Bulgaria

Cayman Islands

Canada

Chile

China

Colombia

Costa Rica

Croatia

Czech Republic

Dominica

Denmark

European Union Member States

Georgia

Guernsey

Ghana

Hong Kong

Hungary

India

Israel

Japan

Kenya

Monaco

Mexico

Nepal

New Zealand

 

 

 

Norway

Panama

Philippines

Poland

Romania

Russia

Singapore

South Africa

South Korea

Sri Lanka

Sweden

Switzerland

Liechtenstein

Thailand

Turkey

Uganda

Ukraine

United Arab Emirates

United Kingdom

United States of America

Uruguay

Vietnam