a Series of Participating Shares within a performance fee paying Class
| 15:49 Aug 26, 2016 |
| English to French translations [PRO] Bus/Financial - Management / Assets Management | |||||||
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| 4 -1 | traduction ci-dessous |
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Answers
10 hrs confidence: 
peer agreement (net): -1
peer agreement (net): -1| a series of participating shares within a performance fee paying class traduction ci-dessous Explanation: 'Une série de titres participatifs parmi la classe d'actions surperformantes émises dans le cadre de l'offre initiale d'une telle classe de titres participatifs' performance fee paying class = class of shares with a return so high that it can include the performance fee for their manager = class of superperforming shares -------------------------------------------------- Note added at 2 days7 hrs (2016-08-28 23:45:44 GMT) -------------------------------------------------- As said in the attachment, performance fees are tied to the NAV (net asset value) https://en.wikipedia.org/wiki/Performance_fee |
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