Fund Completion

When your fund reaches its trading end time, it automatically enters the completion phase. This guide explains what happens during this critical period.

The Completion Process

Step 1: Trading End

When the trading end time is reached:

• No new trades can be executed
• All open positions await resolution on their respective platforms
• The fund's final performance begins to be calculated as positions resolve

Step 2: Performance Calculation

Once all positions are resolved:

• The system calculates the fund's total performance:

  Performance = (Final Balance - Initial AUM) / Initial AUM
• If performance is positive, your performance fee is calculated
• If performance is negative or zero, no performance fee is applied

Step 3: Fee Distribution

If the fund was profitable:

• Your performance fee is automatically calculated when the fund concludes
• The fee is processed and sent to your account abstraction wallet the first time any investor attempts to redeem their shares
• No manual claim process is required - the fee distribution happens automatically through the smart contract
• The remaining balance stays in the fund for investor withdrawals

Important: Performance fees are triggered by the first redemption action after fund conclusion. This means your fee is prioritized before investor withdrawals can be fully processed.

Performance Fee Example

Initial AUM	Final Balance	Profit	Performance Fee	Your Earnings
10,000 USDC	12,000 USDC	2,000 USDC	20%	400 USDC
50,000 USDC	45,000 USDC	-5,000 USDC	20%	0 USDC
25,000 USDC	32,500 USDC	7,500 USDC	25%	1,875 USDC

Step 4: Investor Withdrawals

• All investors can now withdraw their share of the remaining funds
• Their final amount depends on:
  • Their initial deposit
  • The fund's overall performance
  • The fees they've paid

Post-Completion Analytics

After your fund completes, you'll have access to:

• Detailed performance metrics
• Trading history and analysis
• Comparison to other funds
• Investor statistics

Creating a New Fund

If your fund performed well, consider:

1. Creating a new fund with a similar or refined strategy
2. Showcasing your track record to attract investors
3. Building on your reputation as a skilled predictor

Best Practices for Fund Completion

• Prepare in Advance: Know which markets might still be unresolved at your trading end time
• Communication: Keep investors informed about the completion process
• Documentation: Record your strategy results for future reference
• Reflection: Analyze what worked and what didn't for future improvement

Next Steps

• Create a new fund