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High Watermark |
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High Watermark 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 may receive a bonus only if his investment decisions earn more than a certain percentage over the high watermark for a previous period. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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