Excess Return definition

Excess Return or "()" means, in relation to a Fund ("i"):

Excess Return or "()" means:

Excess Return or "𝑟𝐸𝘙(𝑘)" means:

Examples of Excess Return in a sentence

• The objective of the Sub-Fund is to provide investors with a return linked to the performance of the S&P Europe 350 Daily Risk Control 10% Excess Return (EUR)® (the “Index”) weighted by a participation factor (the “Participation Factor”) as defined below.

• The objective of the Sub-Fund is to provide investors with a return linked to the performance of the S&P Europe 350 Daily Risk Control 10% Excess Return (EUR)® (the “Index”), weighted by a participation factor (the “Participation Factor”) as defined below.

• Please refer to the section below headed Excess Return and Tracking Error.

• When the constituents of an index change, a Fund being managed against that index will typically, to the extent that it is possible and practicable and to do so, seek to realign its exposure to more closely reflect that of the index and thereby reduce Excess Return and Tracking Error.

• Excess Return can also occur where a Fund samples an index rather than fully replicates it.

More Definitions of Excess Return

Excess Return means the difference between:

Excess Return means the product obtained by multiplying any positive difference between the Index Return and the specified Fixed Return on the corresponding Valuation Date by the Participation Rate.

Excess Return means the return of the Money Manager that exceeds the return of the benchmark.

Excess Return means the amount (measured as a percentage), if any, by which (i) the AIMCO Total Return exceeds (ii) the Hurdle Rate of Return.

Excess Return means, in relation to any index, that such index reflects (i) the performance differential (whether positive or negative) of its underlying portfolio relative to the money market rate, which namely means that in case of a portfolio performance in line with the money market rate, the index performance will be zero; or (ii) the performance of its underlying portfolio, being a net cash neutral portfolio of purchasing and/or selling positions, which namely means that in case of the absence of performance from these aggregated positions, the index performance will be zero and the index will not deliver the money market rate.

Excess Return. Excess Return is the arithmetic difference between the annualized performance of the Managed Assets during the applicable period, calculated geometrically, and the annualized performance of the Hurdle during the same period, calculated geometrically.

Excess Return means the amount, in respect of any year for the duration of the agreement, by which the total return exceeds the total expected return;