At the moment this applies only to the Columbus Capital Pinta DAA (CCP).
The performance fee comes from realized profit.
From realized profit, 20% goes to ICN holders (via repayment program - buybacks), and 80% is reinvested back into CCP.
Payouts are 20% of realized profits from invested assets (when Columbus Capital exits an investment). Profits for each digital asset are measured in the currency that was used during the initial investment (usually the initial investment is made with ETH or BTC, not with USD or EUR). Realized profits represent only the part of the profits that were redeemed.
For example, if CCP invested 1,000 ETH into a project and today that investment is worth 10,000 ETH, selling 50% of the investment for 5,000 ETH would mean a 4,500 ETH profit, and 20% of that profit (900 ETH) would be reserved for buybacks.
Please note that CCP is a closed DAA and new investors cannot buy into it.