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Are current incentive fee structures relevant to current and future market conditions?
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Incentive fee rate% Type A Type B
0% GOP ＜ 20%
4% GOP ≤ 20% 20% ≤ GOP ＜ 30%
5% 20% ≤ GOP ＜ 30% 30% ≤ GOP ＜ 40%
6% 30% ≤ GOP ＜ 40% 40% ≤ GOP ＜ 50%
7% 40% ≤ GOP ＜ 50% 50% ≤ GOP ＜ 55%
8% GOP ≥ 50% GOP ≥ 55%