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Title:Incentive Fees: erfolgsabhängige Vergütungsmodelle deutscher Publikumsfonds PDF Logo
Authors:Kluß, Norbert
König, Markus
Cremers, Heinz
Issue Date:2003
Series/Report no.:Arbeitsberichte der Hochschule für Bankwirtschaft 45
Abstract:This paper analyzes the current use of incentive-fee-concepts for mutual funds in Germany. Following an empirical analysis about the relevance of these methods, the different methods of calculation and the influence of different parameters are described. Further on it explains the impacts of possible basis of assessment, the clearing period and the opportunities of carrying back the obtained performance from the investor’s point of view.
Subjects:Incentive Fee
Performance Fee
JEL:G11
G19
G21
G29
Persistent Identifier of the first edition:urn:nbn:de:101:1-2008072110
Document Type:Working Paper
Appears in Collections:Frankfurt School - Working Paper Series, Frankfurt School of Finance and Management

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