Commission calculation capQORT
capQORT supports a commission calculation mechanism to award success and reimburse management expenses.
- Management commission
is calculated as an annual percentage of average value of portfolio’s net assets over a relevant time period or as an average percentage for each day of the relevant time period.
- Success fee
or commission for efficient management that is calculated as percentage of income above a benchmark. It may be a fixed rate of return or return from a benchmark portfolio.