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high watermark

The highest value that has been earned by an investment fund. This value is often used when determining the bonus earned by the fund manager; a fund manager's bonus will be based on the amount of money he or she earned above the high watermark level. If the amount of money earned is below the high watermark level, he or she will not receive a bonus.

Related information about high watermark:
  1. High-Water Mark Definition | Investopedia
    The highest peak in value that an investment fund/account has reached. This term is often used in the context of fund manager compensation, which is ...
     
  2. What is high watermark? definition and meaning
    Definition of high watermark: The highest value that has been earned by an investment fund. This value is often used when determining the bonus earned by the ...
     
  3. SunAmerica 2020 High Watermark Fund (HWKAX) | US News Best ...
    See SunAmerica 2020 High Watermark Fund (HWKAX) mutual fund ratings from all the top fund analysts in one place. See SunAmerica 2020 High Watermark ...
     
  4. High Water Mark Definition
    High Water Mark Definition. If you look at many hedge fund memorandums or marketing materials you have probably seen that many hedge funds offer high ...
     
  5. High Watermark - Financial Dictionary - The Free Dictionary
    The highest value of a benchmark over a certain period of time. High watermarks are mainly used to calculate bonuses for fund managers. That is, a manager ...
     
  6. Fund Overview for 2015 High Watermark Fund (HWFAX)
    1 Shares of each High Watermark Fund held until each Fund's respective protected maturity date (e.g., August 31, 2015 and 2020) may be redeemed at the ...
     
  7. High Watermark
    High Watermark - Definition for High Watermark from Morningstar - This is the highest net asset value (NAV) that a fund has reached and for which a ...
     
  8. HWKAX SunAmerica 2020 High Watermark A Fund HWKAX Quote ...
    Today's real-time HWKAX fund quote SunAmerica 2020 High Watermark A ticker symbol HWKAX price, snapshot, NAV, ratings, historical returns, news, risk ...