Performance Fees: High-Water Mark & Hurdle Rate
This lesson is part of the course
In this lesson
You recompute six years of a fictional fund's management and performance fees from the administrator's statement, with a 5% hurdle and a high-water mark, and see what the high-water mark saved in year 4.
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Lessons in this course
- Fee Drag on Compound Growth: Net Return Year by Year Locked
- Total Cost over 30 Years in Dollars & the Years It Takes to Catch Up Locked
- Expense Ratios Compared: Index vs Active Funds Locked
- Advisory AUM Fees Layered on Fund Fees: The All-in Cost Locked
- Front & Back Loads: Share-Class Break-even Holding Period Locked
- Platform, Custody & Trading Costs: Percentage vs Flat Fees Locked
- Performance Fees: High-Water Mark & Hurdle Rate Locked
- Fee-adjusted Outcome Dashboard: Four Ways to Invest (with a Chart) Locked