That's effectively "zero management fee". Why would you even hope to find that? Advisers have costs, you know.
If the op had the decimal point in the wrong place it would all make sense. 0.02% per year, then the 80/20 after that.
0.02% management fee? Rly? lol but he didn't... and it doesn't. He's referring to a prop deal with an 80/20 profit split at $0.0002/share. You people should really take a pause when you have no expertise. lol.