Performance Differential definition
Examples of Performance Differential in a sentence
The Performance Fee Adjustment Rate is calculated by multiplying the Investment Performance Differential (rounded downward to the nearest full point) times a factor of .02%.
The Investment Performance Differential of (11) would be multiplied by .02% to arrive at the Performance Fee Adjustment Rate of (.22%).
T▇▇ ▇▇▇▇hly Sub-Advisory Fee Adjustment depends on the percentage amount by which the Portfolio exceeds or trails that of the index ("Sub-Adviser Performance Differential").
For example, if the Investment Performance Differential was (11.6%), it would be rounded to (11).
It is understood that at any time the Net Asset Value Percentage Change, the Index Percentage Change and the Performance Differential, or any of them, could be a negative figure.
For the purpose of calculating the Sub-Adviser Performance Differential, both the Portfolio's performance and the performance of the Index are measured over the immediately preceding 36 calendar months or life of Fund, whichever is shorter ("Measurement Period").
Regardless of the Investment Performance Differential, the Performance Fee Adjustment Rate shall not exceed .30%.
Monitors will be eligible to receive an additional five hundred dollar ($500) differential payment if they meet the requirements for the Performance Differential for all months throughout the entirety of the school year, which will be paid on the last payroll of the school year.
Regardless of the Investment Performance Differential, the Performance Fee Adjustment Rate shall not exceed (.30)%.
Drivers will be eligible to receive an additional five hundred dollar ($500) differential payment if they meet the requirements for the Performance Differential for all months throughout the entirety of the school year, which will be paid on the last payroll of the school year.