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Performance fees allow you to calculate incentive-based fees based on a fund's performance in relation to a benchmark. You can set up
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a performance fee for
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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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.
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It does not accrue performance fees for other types of entities.
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