Gross performance definition

Gross performance means the performance results of a portfolio (or portions of a portfolio that are included in extracted performance, if applicable) before the deduction of all fees and expenses that a client or investor has paid or would have paid in connection with the investment adviser's investment advisory services to the relevant portfolio.
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Examples of Gross performance in a sentence

  • Gross performance does not reflect the deduction of fees or operating costs.

  • Gross performance results do not reflect the deduction of investment advisory fees.

  • Gross performance results for Siemens SGT-A65 option are based on Siemens Performance Estimating Program (SiPEP).

  • Gross performance information may also be provided to consultants if they are instructed that it may only be used subject to the same conditions as the adviser's use.

  • Gross performance ratings for GE 7F.05 and GE 7HA.02 options are based on data requested from GE at performance points across a range of ambient conditions and adjusted for differences between these conditions.All performance ratings shown are based on natural gas operation.

  • On asset level only a Gross performance since launch in current fund: • IRRs and MoCs are gross of management fees Carried interest is not calculated/measured to individual asset level the exception being joint ventures, but carried interest has so far not been assigned to assets/portfolios, only fund level.

  • Gross performance figures do not reflect the deduction of investment advisory fees and any other expenses incurred in the management of the investment advisory account.

  • Gross performance does not account for the effect of commissions, fees and other charges associated with investment in the Fund, which would reduce the values depicted.

  • Gross performance, which excludes the effect of Advisory Fees paid by investors, may be included in Marketing Materials only if it is presented: (i) together with, and with equal prominence as, net-of-fees performance data; or (ii) to sophisticated investors in one-on-one presentations which include certain disclosures.

  • Gross performance returns presented above are net of transaction costs and include the reinvestment of dividends and other earnings but do not reflect the deduction of investment management fees which would reduce returns.

Related to Gross performance

  • Basket Performance means a decimal number calculated by applying the following formula: BP = ∑ W ×iX ⎛⎜⎜i=1 ⎝ Underlyingi,FINAL ⎞⎟⎠Underlyingi,INITIAL ⎟ where: BP = Basket Performance X = 4 Wi = Weighting of the relevant Underlying Underlying i,FINAL Underlying i,INITIAL= Reference Price of the relevant Underlying with respect to the Valuation Date = Initial Price of the relevant Underlying

  • Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula: Index Performance =Final Index Level × 100% Initial Index Level

  • Total Performance means that the entire Work, except those items arising from the provisions of any warranty, have been performed in accordance with the Contract;

  • Unsatisfactory Performance means any of the following:

  • Energy Performance Score means the numeric rating generated by Portfolio Manager that compares the Energy usage of the building to that of similar buildings.

  • Sexually explicit performance means a live or public act or show intended to arouse or satisfy the sexual desires or appeal to the prurient interest of patrons.

  • human performance means human capabilities and limitations which have an impact on the safety and efficiency of aeronautical operations;

  • Extreme performance coating means coatings designed for harsh exposure or extreme environmental conditions.

  • Financial Performance Covenants means the covenants of the Borrower set forth in Section 10.11.

  • energy performance contracting means a contractual arrangement between the beneficiary and the provider of an energy efficiency improvement measure, verified and monitored during the whole term of the contract, where investments (work, supply or service) in that measure are paid for in relation to a contractually agreed level of energy efficiency improvement or other agreed energy performance criterion, such as financial savings;

  • Energy savings performance contract means a contract under which the rate of payments is based upon energy and operational cost savings and a stipulated maximum energy consumption level over the life of the contract.

  • Gross Profits means the gross profits calculated under section 4;

  • Worst Performance (final means the Performance of the Basket Componentj (final) specified as follows:Performance of the Basket Componentj (final) = mini= 1, ..., N [Ki (final) / Ki (initial)]

  • Key Performance Indicators or “KPIs” means the performance measurements and targets set out in Part 3 of Schedule 1 (Services) of this Framework Agreement;

  • Certificate of Total Performance means a certificate issued indicating that the Work has been achieved;

  • Substantial Performance means the stage of completion when:(a) all Work, as certified by the Contract Administrator, is capable of completion or correction at a cost of not more than:

  • Gross weight means the aggregate weight of a vehicle or combination of vehicles and the load

  • Key Performance Indicator means a measure that captures the performance of a critical variable to expand and improve community-based corrections programs to promote offender success, ensure accountability, enhance public safety, and reduce recidivism.

  • Financial Performance Covenant means the covenant set forth in Section 6.11.

  • Eligible Costs means the actual costs reasonably incurred by the Recipient:

  • Capacity Performance Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(a).

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Revenue Growth means the percentage change in revenue (as defined in Statement of Financial Accounting Concepts No. 6, published by the Financial Accounting Standards Board) from one period to another.

  • Performance has the meaning ascribed to it in the Copyright Act 98 of 1978, as amended from time to time, and the words “Perform” and “Performed” and

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • LTM Fee Revenue has the meaning set forth in Section 7.2.2(c).