A "tricky" hurdle is calculated only on returns earlier mentioned the hurdle amount.[104] By illustration the manager sets a hurdle level equal to 5%, as well as fund return 15%, incentive expenses would only apply to the 10% above the hurdle charge.[103] A hurdle is meant to ensure that a https://smartmoney50504.activoblog.com/38644174/5-tips-about-smart-money-you-can-use-today