MHH magellan high conviction trust

can someone explain to me how they received a performance fee of...

  1. 143 Posts.
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    can someone explain to me how they received a performance fee of 0.6 when the funds has only made a total return of 3.5%..

    can only assume it's for the oct to dec 19 period that could have been up more than 10% but it also says they need to return above the absolute return performance hurdle (10% per annum)..
 
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