The billing period is a calendar month when an investment’s performance is measured. At the end of the billing period, a performance fee is calculated and paid based on the investment’s performance over that billing period.
A billing period's calendar month ends on the last Friday of the month (23:50 UTC +0 to 23:59:59 UTC+0), and a new billing period begins immediately after.
What happens after the billing period:
- Orders are not closed.
- If an investment(s) experiences an overall profit, and the profit exceeds the profit threshold, then a performance fee is deducted from the Investor’s investment.
Learn more about performance fees and performance fee calculation.