Performance Difference definition
Examples of Performance Difference in a sentence
After 6 full calendar months, the performance fee adjustment will be determined using the average assets and Performance Difference over the first 6 full calendar months, and the Adjustment Rate will be applied in full.
For every 0.0375% in Performance Difference, the Adviser's fee will be adjusted upwards or downwards by 0.01%.
The Performance Difference is calculated monthly, and is determined by measuring the percentage difference between the performance of one H-Class Share of the Fund and the performance of the Index over the most recent 12-month period.
The Performance Difference is calculated monthly, and is determined by measuring the percentage difference between the performance of one Share of the Fund and the performance of the Index over the most recent 12-month period.
For every 0.0375% in Performance Difference, the Adviser’s fee will be adjusted upwards or downwards by 0.01%.
After 24 full calendar months, the performance fee adjustment will be determined using the average assets and Performance Difference over the first 24 full calendar months, and the Adjustment Rate will be applied in full.
For every 0.0375% in Performance Difference, the Advisor's fee will be adjusted upwards or downwards by 0.01%.
If the Performance Difference is -2.00% or more, the Basic Fee will be adjusted downward by 0.40%.
The Performance Difference is calculated monthly, and is determined by measuring the percentage difference between the performance of one Advisor Class Share of the Fund and the performance of the Index over the performance measurement period as defined below (the "Performance Measurement Period").
Determining the Performance Adjustment Rate The Performance Adjustment Rate will increase or decrease proportionately with the Performance Difference.