It's a bit complicated! See ann. of 17Apr19.
Fund 1 relatively straight forward (capital back to investors, then IMF get 2%pa of capital, then IMF get 85% of profits). Fund 4 very complicated - best to read the ann.
Hence my 'rough' calculator. Maybe 'very rough' is a better description!
Cheers
It's a bit complicated! See ann. of 17Apr19.Fund 1 relatively...
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