Calculating fees

xample:

The user created a private vault with these allocations:

The private fund has a fee of:

Strategy Fee: 0%

Platform Fee: 0.5%

Performance Fee (Book Cost): 2.5%

Fees	Strategy A	Strategy B	Strategy C
Allocation of Fund	55%	30%	15%
Strategy Fee:	0.5%	0.2%	1%
Performance Fee	None	None	None
HWM:	2.5%	0%	10%

The effective fee for this fund is as follows:

Strategy Fee: 0.5 x 55% + 0.2 x 30% + 1 x 15% = 0.485%

Each year: 0.485% of the fund will be taken regardless of profits or loss.

HWM Fee: 2.5 x 55% + 0 x 30% + 10 x 15% = 2.875%

Each year: 2.875% of the fund can be taken with the assumption that all 3 funds make a profit. This profit would need to be made every HWM period. To learn more about how HWM works, please view here. This 2.875% of the fund will be taken throughout the year if the conditions are met.

When the user withdraws from the private fund, 2.5% of the profit is subject to fees.