A "tricky" hurdle is calculated only on returns over the hurdle amount.[104] By instance the supervisor sets a hurdle amount equivalent to 5%, plus the fund return 15%, incentive costs would only implement to The ten% earlier mentioned the hurdle level.[103] A hurdle is meant making sure that a supervisor https://elliottyehos.dbblog.net/8219703/helping-the-others-realize-the-advantages-of-moving-money