> For the complete documentation index, see [llms.txt](https://manifesto.winefi.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://manifesto.winefi.co/governance.md).

# Governance

- [Fees](https://manifesto.winefi.co/governance/fees.md): WineFi charges a singular administration fee of 12.5%.
- [Sourcing Wines](https://manifesto.winefi.co/governance/sourcing-wines.md): How WineFi sources investment-grade wine.
- [Storage and Insurance](https://manifesto.winefi.co/governance/storage-and-insurance.md): Where do we store our investors' wines?
- [Syndicate vs. Fund](https://manifesto.winefi.co/governance/syndicate-vs.-fund.md): How WineFi's syndicate structure differs from other investment vehicles. This section is provided for summary information purposes only by WineFi and should not be taken as either legal or tax advice
- [Board of Directors](https://manifesto.winefi.co/governance/board-of-directors.md): Our board of directors provides strategic direction and accountability for a company, representing the fiduciary interests of both shareholders and investors.