Manage Performance Fee Expenses

You can use the Performance Fee Expense panels to create and maintain performance fees. A performance fee expense identifies the fund associated with the expense and identifies a performance fee rule, which includes the benchmark to use for the fund. It specifies the type of performance fee to calculate (Current Period Variable Expense, Prior Period Budgeted Expense, or Prior Period Estimated Budgeted Expense), the expense account for the fee, and other criteria used to calculate the fee. You set up a performance fee expense at the Total Fund level.