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PAY FOR PERFORMANCE FUNDS AGREEMENT This Pay for Performance Funds Agreement (this Agreement) is made effective as of March 1, 2018 (the Effective Date) by and between Adirondack Health Institute,
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Pay for performance funds are investment funds where the manager's compensation is tied to the fund's performance.
Investment managers who run these funds are required to file pay for performance funds.
To fill out pay for performance funds, investment managers need to report compensation details and performance metrics.
The purpose of pay for performance funds is to align the interests of the fund manager with the investors by incentivizing good performance.
Information such as compensation structure, performance benchmarks, and fees must be reported on pay for performance funds.
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