FT MarketWatch

Performance-based compensation

Fee Paid as an incentive to the general partner of a hedge Fund or, less frequently, the Manager of a Mutual fund, the amount of which depends on his/her Performance, usually relative to some benchmark Index. also called incentive fee.

Related Terms: 10 Call, Fund, Hedge, Hedge fund, Index, Inc., Manager, Mutual fund, Performance, Paid
Other Related Pages: Category: Mutual_Funds Starting With: P
Additional Related Terms: 10-Q, 10-K, Allowance for depreciation, Above par, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call