Month | Start balance (watermark) | Monthly PnL | Final balance | Cumulative PnL | PnL above watermark | Fund reward |
|---|---|---|---|---|---|---|
Jan | $10,000 | +2% (+$200) | $10,200 | +2% (+$200) | +2% (+$200) | 0.27 ($54) |
Feb | $10,146 | -2% (-$203) | $9,943 | -0.6% (-$57) | 0% | 0% |
Mar | $9,943 | +1% (+$100) | $10,043 | +0.4% (+$42) | 0% | 0% |
Apr | $10,043 | +2% (+$201) | $10,244 | +2.4% (+$244) | +0.4% (+$98) | 0.31 ($30) |