Since the fund was started in 1980 it has returned 27 percent, annualized, after fees.

That gain would represent an annual increase of 6.3 percent, after fees.

Over the last five years, the firm's primary hedge fund is up an average of 13.2 percent a year after fees.

It is unclear how much members of the class will receive after legal fees.

So the plan gained $53.2 million, after fees, because of our active management.

Say an investor puts $10,000 in each of two funds that gain 8 percent a year after fees.

The value of the draft would be $6.76 after fees, not including any fee charged by the foreign bank.

The firm already reported a return of 9.07 percent after fees in this year's first quarter, he added.

Over the last four years, they have turned in average annual returns of 30 percent, after fees.

At the time, his fund had gained more than 40 percent after fees.