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Performance fees allow you to calculate incentive-based fees based on a fund's performance in relation to a benchmark.

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 You can set up a performance fee for a fund where you adjust a base fee up if the fund outperforms its benchmark by a stated margin or where you adjust a base fee down if the fund underperforms its benchmark by a stated margin. You can use Eagle's accounting solution to calculate three types of performance fees:  Current Period Variable Expense, Prior Period Budgeted Expense, and Prior Period Estimated Budgeted Expense. 

The system can process performance fee expenses only for

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mutual fund entities

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It does not accrue performance fees for other types of entities.

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