Total return - one-year - gross of fees
Definition:
Represents the amount an investor earns over the stated period after all vehicle level fees and expenses (including taxes and interests) are deducted. Calculated as the change in NAV less any contributions plus management fees accrued during the period any redemptions and distributions over the calculated period, as a percentage of the time-weighted average NAV over the same period. See calculation details in the INREV Performance Measurement module. The use of the INREV NAV is encouraged. When the INREV NAV is not used and adjustments are made to the vehicle NAV, these should be properly disclosed.
| Data Type | Double |
|---|---|
| Values | ≥ 0 |
| Example | 85,930.00 |
| Reference Field | - |
| INREV Guideline ID | PM04 |
| INREV Index reference | - |
| External reference | - |
| GDD reference | - |