What is the 1 or 30 fee?

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He created a 1 or 30 fee structure, where managers would receive the great of a 1% management fee or 30% of gross excess returns, offered it to 23 of the fund's managers (17 accepted), and then publicized the innovation for others to copy.

anonymous · Answer 1

He created a 1 or 30 fee structure, where managers would receive the great of a 1% management fee or 30% of gross excess returns, offered it to 23 of the fund's managers (17 accepted), and then publicized the innovation for others to copy.

What is the 1 or 30 fee?

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What is the 1 or 30 fee?

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1 Answer

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