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APY calculation & Fee

​Net APY

Net APY is the actual vault performance since inception annualised and net of any fees.
NetAPYt=Pt/P0βˆ’1Ο„NetAPY_t=\frac{P_t / P_0 - 1}{\tau}
where
P0P_0
is the vault share price at inception,
PtP_t
is the current vault share price and
Ο„\tau
is the years since the vault inception.
Net APY is the actual annualised return a user would receive if they had invested in the vault on day1.
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