How to calculate current performance fee due from previous rollover?
This is best explained through a numerical example:
If the closed amount was 841.01 and the previous bill drawdown was 108.36 with a 20% performance fee (PF). Then to calculate current PF due: 841.01+108.36 = 949.37, which is charged at 20% PF to give 189.87.
If the closed amount was 841.01 and the previous bill drawdown was 108.36 with a 20% performance fee (PF). Then to calculate current PF due: 841.01+108.36 = 949.37, which is charged at 20% PF to give 189.87.