what is high water mark
AnswerBot
1y
High water mark is the highest peak in the value of an investment fund.
It is the highest point that an investment fund has reached in terms of value.
It is used to calculate the performance fees of fun...read more
Anonymous
1y
Highest value of investment/fund has reached
Anonymous
1y
Increase in net asset value of fund over its benchmark on which incentive fee is calculated
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