Chat with us, powered by LiveChat

What is a highwater mark and how do you apply it to Arbidyne Managed Account Service?

A high-water mark is the highest peak in value that your Managed Account has reached. With a high-water mark in place, you pay a fee that only covers the amount the fund earned between the point of entry and its highest level.

Please refer to the following table for a highwater mark calculation:

ItemMonth 1Month 2Month 3Month 4
Cumulative Return$15,000$25,000-$5,000$10,000
High Water Mark$0$15,000$25,000$25,000
Performance fee payable?YesYesNoNo
Performance fee amount (33% for Australian clients inclusive of GST)$4,950$3,300NANA
Performance fee amount (30% for international clients)$4,500$3,000NANA