Fundrise Ereit Performance – Best Investment Platforms

Readily available to all financiers. Fundrise Ereit Performance…The platform is not limited to certified financiers, and you can start for simply $10. Other realty platforms, like CrowdStreet, will just let you sign up with if you’re a recognized financier who earned more than $200,000 a year for the last two years ($ 300,000 a year collectively with your partner) or have a net worth of more than $1 million, omitting the value of your main home.

supplies a practical method to invest in property without investing a fortune. This focused platform lets you purchase shares of private property investment trusts (REITs) customized to numerous investing strategies and financial goals. There are some additional threats with investing in property on– especially if there’s a market recession– considering that they just offer access to non-publicly traded fund possessions. But if you comprehend the prospective drawbacks and have a long-lasting investing horizon, supplies an efficient way to add realty to your investment portfolio.

makes sense for individuals who want to invest in real estate without requiring to purchase property or end up being a landlord. Open an account for as little as $10 and get quick access to real estate funds tailored to various investment goals.

alerts that buying realty is a long-lasting proposition, implying you ought to have at least a five-year time horizon. We concur. However you select to purchase, real estate is a long-lasting investment that provides returns in a timespan measured in years or years.

While some of the platform’s funds offer you penalty-free early redemptions if you select to get money within 5 years, a lot of do not. In addition, keeps in mind that it schedules the right to freeze redemptions during a financial downturn.

is created to fulfill the needs of smaller sized, nonaccredited financiers. While they also use options for recognized investors who are prepared to contribute six-figure amounts or more, they are not the main focus of the platform.

Keep in mind that other property crowdfunding platforms like CrowdStreet focus on the higher-end market and could be better choices for larger real estate financial investments.

charges two annual charges on your portfolio. Initially, they charge a 0.15% yearly advisory fee. Their website notes they might waive this fee in specific circumstances. Charges up to 0.85% as a possession under management cost. They charge the exact same yearly charges for all account tiers.

might charge additional costs for deal with a particular real estate project like advancement or liquidation costs. They would deduct these expenses from the fund prior to dispersing any staying income to the financiers as dividends. Does not charge commissions or transaction charges.

You can squander with zero charges on the primary Flagship Real Estate Fund and the Earnings Realty Fund. The personal eREITs and eFund need to be held for at least five years, and charges a 1% charge on the shares you squander if you withdraw early.

Advantages Fundrise Ereit Performance

User friendly platform. It just takes a couple of minutes to open an account and begin investing with. You enter your contact info, fund the account, and pick an investment method. From there, the platform will select the suitable funds and run them for you. If you select financial investment goals, their platform will track your progress and recommend actions to assist you reach them, like if you need to conserve more to strike your retirement target.

Solid investment range. deals investment strategies ranging from safe income funds to higher-risk growth realty funds. As your account balance grows, you can likewise expand into nonregistered funds with more strategies.

High potential return and earnings. Realty can assist include diversification to your portfolio, possibly creating more income, higher returns, and reduced threat than simply buying stocks and bonds.

Info on real estate financial investments. Through the website, you can arrange through their ongoing realty investments, see pictures, and track project milestones. It lets you imagine precisely where your cash is going and what jobs you’re supporting.

Drawbacks
Moderate fees. In between the annual advisory and management costs, you are paying a flat 1% annual to use the funds. They charge the exact same cost for all account sizes too. In comparison, one of the very best Vanguard ETFs genuine estate expenses 0.12% yearly.

While you are supposed to invest for at least 5 years with, you can request to cash out at any time. They book the right to limit redemptions throughout real estate market downturns.

Redemption charge for some funds. If you try cashing out within 5 years of your preliminary investment, the efunds and ereits charge a 1% redemption penalty.

Complete cost info is tough to find. The website keeps in mind that you might owe other costs for jobs, like advancement or liquidation costs, but they are not plainly labeled on the site. You need to search through each project’s offering circular to see precisely what you’re paying.

Limited customer care. You can search or email through their help center database of posts if you have concerns. They do not supply a consumer service line for phone support.

About
Fundrise was founded by the brothers Ben and Dan Miller in 2012 as one of the very first crowdfunding realty investment platforms in the U.S. The business started by enabling investors to straight invest in private residential or commercial properties, although by 2015, the platform had begun to pivot toward REITs and far from crowdfunding specific homes.

According to its most recent filing with the Securities and Exchange Commission (SEC), since June 2021, has overall assets under management of $1.7 billion, roughly 171,000 active financier accounts and 948,000 active users on the Platform.

Featured Partner Offers

Pros
Finds, purchases and manages real estate properties for investors
Low minimum investment requirement
Instantly invests your balance based upon your objectives
Offers better liquidity than owning your own property property
High prospective returns and earnings
Easy-to-use platform
Cons
Yearly costs of 1% a year
No affordable charges readily available for bigger balances
Private REITs use much less liquidity than publicly-traded REITs
The platform might restrict withdrawals during market slumps
Some funds charge a charge if you withdraw within five years of investing
Minimal consumer support

It’s Seth Williams here from retipster.com. In this video I’m going to do my yearly evaluation on my investment. is a property crowdfunding platform that permits financiers like you and me to invest reasonably small amounts of money into not just one piece of real estate, however a pool of real estate. And we can do this through what they call eREITs. And is able to make a return on this money by taking it, and either lending it out to designers who would develop properties. And then they gather loan payments with interest from them, or can head out and buy up residential or commercial properties and improve them. And after that they earn a return by renting out the property and earning lease income, and likewise when they eventually resell that property. So something unique about that is a bit different from other property crowdfunding platforms is that with you don’t need to be a recognized financier in order to get included. And the reason it’s type of troublesome for a lot of individuals to be

accredited financiers is that a recognized financier needs to have a million-dollar net worth not including their individual homeowners, or they require to have a yearly earnings of a minimum of $200,000 individually for the past 2 years or over $300,000 annually for the past 2 years with their partner. You can also become a credited investor if you satisfy certain professional qualifications. Even that for the many part is going to keep most typical individuals out of the recognized financier category. It’s practical to have something like that makes it open and available to more regular people. Why do I make these yearly review videos every year? Well, back when I initially did this in 2017, I didn’t really anticipate much feedback or remarks or views or likes or anything on that video, but it kind of exploded. Since real estate crowdfunding is not my primary thing by any stretch, and I was actually amazed by it. I simply thought it was sort of an interesting thing to get involved with simply to test out among these sites and see what occurred. Therefore I did another evaluation video the list below year, and then the year after that, and every single year, people enjoy it and want to hear more and post all kinds of fantastic concerns and remarks. Therefore I simply thought, hey, let’s keep this thing going. And every year, I’ll attempt to respond to and attend to as many of those questions and comments as I can. And really, more notably, this is a quite big year due to the fact that back when I initially put my money in the understanding was that I wouldn’t be able to get my principle and financial investment back for about five years. And think what? We are now at that five-year turning point. Yeah. So I haven’t gotten into my account yet, however I will, and I’m going to go in there and see if I can get that refund and what that process looks like and how tough it is. And if I can’t yet, how much longer do I have to wait? So I know that’s a huge objection or perhaps not objection, but simply a.

downside that a lot of people have with this sort of investment is simply binding your principle for five years. That’s a very long time to not have the ability to get it back or to not have the ability to get it back without some sort of charge. in fact does enable you to request it back early if you want, but depending on your account level, there could be a 1% penalty if you attempt to get this refund early. Which’s in fact a one new thing I’ve seen with this previous year is that they developed this new starter strategy that permits you to invest as low as $10. And one of the benefits of this starter plan is that the money enters into what they call an interval fund. And if your money is in this interval fund, then you can in fact get it back prior to the 5 years without a charge. When I initially began doing this was I informed Fundrise to instantly reinvest my dividends, and one interesting thing back. And one thing I didn’t recognize I was saying back when I told them to do that, is that every single time it reinvests one of those dividends, I can’t get that dividend back for five years. So say if I reinvest them at the very first quarter or the fifth quarter or the 20th quarter, that 5 year timeline for that single dividend payment begins then, not back when I initially put the original thousand dollars in. So although I can get my preliminary thousand dollars back, all those dividends are going to be timed out for five years into the future which in hindsight, I kind of dream I had not done that, but you learn and live. So, like I said, every time I publish one of these videos, there’s a great deal of actually great concerns and comments that can be found in on those videos throughout the year.

So I’m going to try to require time to respond to every one of those questions, to the level that I can and the extent that I in fact understand the response. And also, I just wish to be abundantly clear. I state this each and every single year when I do this, do not take this video as my recommendation or suggestion or recommendation. Fundrise Ereit Performance

Fundrise Ereit Performance – Best Investment Platforms

Offered to all investors. Fundrise Ereit Performance…The platform is not restricted to certified investors, and you can get started for just $10. Other realty platforms, like CrowdStreet, will just let you sign up with if you’re a certified investor who made more than $200,000 a year for the last two years ($ 300,000 a year collectively with your partner) or have a net worth of more than $1 million, leaving out the worth of your primary residence.

offers a practical way to purchase realty without investing a fortune. This focused platform lets you buy shares of private real estate investment trusts (REITs) customized to different investing methods and financial goals. If there’s a market decline– because they only use access to non-publicly traded fund properties, there are some extra dangers with investing in real estate on– particularly. If you understand the prospective disadvantages and have a long-term investing horizon, offers a reliable way to add genuine estate to your financial investment portfolio.

makes sense for individuals who wish to invest in property without requiring to acquire property or become a property owner. Open an account for as little as $10 and get quick access to realty funds customized to various investment goals.

alerts that investing in real estate is a long-term proposal, implying you ought to have at least a five-year time horizon. We agree. Nevertheless you pick to buy, real estate is a long-lasting investment that delivers returns in a timespan measured in years or years.

While a few of the platform’s funds provide you penalty-free early redemptions if you pick to secure cash within five years, most do not. In addition, notes that it schedules the right to freeze redemptions throughout a financial slump.

is designed to fulfill the requirements of smaller sized, nonaccredited investors. While they also use alternatives for accredited financiers who are prepared to contribute six-figure sums or more, they are not the main focus of the platform.

Note that other realty crowdfunding platforms like CrowdStreet concentrate on the higher-end market and could be better choices for larger property financial investments.

charges two annual costs on your portfolio. They charge a 0.15% annual advisory cost. Their website notes they might waive this charge in particular scenarios. Charges up to 0.85% as an asset under management fee. They charge the exact same yearly costs for all account tiers.

could charge additional costs for work on a particular realty project like development or liquidation charges. They would deduct these costs from the fund prior to dispersing any remaining earnings to the financiers as dividends. Does not charge commissions or transaction charges.

You can squander with absolutely no penalties on the primary Flagship Real Estate Fund and the Earnings Realty Fund. The private eREITs and eFund need to be held for a minimum of 5 years, and charges a 1% charge on the shares you squander if you withdraw early.

Advantages Fundrise Ereit Performance

You enter your contact information, fund the account, and select a financial investment strategy. If you choose financial investment objectives, their platform will track your progress and recommend actions to help you reach them, like if you require to save more to hit your retirement target.

Strong investment variety. deals investment strategies varying from safe income funds to higher-risk development property funds. As your account balance grows, you can likewise broaden into nonregistered funds with more methods.

High possible return and income. Property can help include diversity to your portfolio, potentially generating more income, higher returns, and minimized threat than simply buying bonds and stocks.

Details on property financial investments. Through the website, you can sort through their ongoing realty financial investments, see images, and track task turning points. It lets you picture precisely where your cash is going and what jobs you’re supporting.

Drawbacks
Moderate costs. In between the annual advisory and management costs, you are paying a flat 1% annual to use the funds. They charge the same fee for all account sizes too. In comparison, among the very best Vanguard ETFs for real estate expenses 0.12% yearly.

Potentially minimal liquidity. While you are expected to invest for at least five years with, you can request to cash out at any time. Nevertheless, they book the right to restrict redemptions throughout property market downturns. They did so in 2020, at the start of the Covid-19 pandemic.

Redemption charge for some funds. The efunds and ereits charge a 1% redemption charge if you try squandering within five years of your initial investment.

Total fee info is hard to discover. The site keeps in mind that you might owe other costs for jobs, like advancement or liquidation costs, however they are not clearly labeled on the site. You require to search through each project’s offering circular to see precisely what you’re paying.

Restricted customer service. If you have questions, you can browse or email through their assistance center database of short articles. However, they do not supply a customer service line for phone assistance.

About
Fundrise was founded by the brothers Ben and Dan Miller in 2012 as one of the very first crowdfunding real estate financial investment platforms in the U.S. The company started by permitting investors to straight invest in private homes, although by 2015, the platform had actually started to pivot towards REITs and away from crowdfunding specific homes.

According to its newest filing with the Securities and Exchange Commission (SEC), as of June 2021, has overall properties under management of $1.7 billion, roughly 171,000 active investor accounts and 948,000 active users on the Platform.

Featured Partner Offers

Pros
Finds, purchases and manages realty properties for investors
Low minimum investment requirement
Instantly invests your balance based upon your goals
Provides better liquidity than owning your own property home
High prospective returns and income
Easy-to-use platform
Cons
Yearly costs of 1% a year
No discounted costs available for bigger balances
Private REITs offer much less liquidity than publicly-traded REITs
The platform may limit withdrawals throughout market slumps
Some funds charge a charge if you withdraw within 5 years of investing
Very little customer support

It’s Seth Williams here from retipster.com. In this video I’m going to do my yearly evaluation on my financial investment. is a realty crowdfunding platform that enables financiers like you and me to invest relatively small amounts of money into not simply one piece of realty, but a pool of real estate. And we can do this through what they call eREITs. And is able to make a return on this cash by taking it, and either providing it out to designers who would develop properties. And then they collect loan payments with interest from them, or can head out and buy up residential or commercial properties and enhance them. And after that they earn a return by renting out the residential or commercial property and earning lease earnings, and likewise when they eventually resell that home. Something distinct about that is a little bit different from other real estate crowdfunding platforms is that with you do not have to be an accredited investor in order to get included. And the factor it’s type of problematic for a great deal of people to be

recognized financiers is that an accredited financier requires to have a million-dollar net worth not including their individual homeowners, or they need to have a yearly earnings of at least $200,000 individually for the past two years or over $300,000 per year for the past 2 years with their partner. If you fulfill certain professional certifications, you can also become a credited investor. However even that for the most part is going to keep most average people out of the certified investor category. It’s valuable to have something like that makes it readily available and open to more typical individuals. So why do I make these yearly review videos every year? Well, back when I first did this in 2017, I didn’t truly anticipate much feedback or comments or likes or views or anything on that video, however it sort of blew up. And I was actually amazed by it due to the fact that real estate crowdfunding is not my main thing by any stretch. I just thought it was sort of an interesting thing to get included with simply to test out one of these websites and see what took place. And so I did another evaluation video the following year, and then the year after that, and every single year, people enjoy it and wish to hear more and post all sort of terrific questions and comments. Therefore I simply thought, hello, let’s keep this thing going. And each and every single year, I’ll try to address and address as a number of those questions and comments as I can. And really, more notably, this is a quite big year due to the fact that back when I initially put my money in the understanding was that I would not be able to get my concept and financial investment back for about 5 years. And guess what? We are now at that five-year turning point. Yeah. So I haven’t entered into my account yet, however I will, and I’m going to enter there and see if I can get that refund and what that procedure appears like and how challenging it is. And if I can’t yet, how much longer do I have to wait? I understand that’s a huge objection or maybe not objection, but just a.

drawback that downside lot of people have with this kind of investment is just tying simply your principle for concept years5 That’s a long time to not have the ability to get it back or to not have the ability to get it back without some kind of charge. in fact does permit you to request it back early if you want, however depending on your account level, there could be a 1% penalty if you attempt to get this cash back early. Which’s actually a one new thing I have actually noticed with this past year is that they created this brand-new starter strategy that enables you to invest as low as $10. And among the advantages of this starter strategy is that the cash enters into what they call an interval fund. And if your cash is in this interval fund, then you can actually get it back prior to the five years without a penalty. When I initially started doing this was I told Fundrise to instantly reinvest my dividends, and one intriguing thing back. And one thing I didn’t realize I was stating back when I told them to do that, is that every time it reinvests one of those dividends, I can’t get that dividend back for 5 years. So say if I reinvest them at the first quarter or the fifth quarter or the 20th quarter, that 5 year timeline for that single dividend payment begins then, not back when I first put the initial thousand dollars in. So even though I can get my initial thousand dollars back, all those dividends are going to be timed out for five years into the future which in hindsight, I kind of desire I hadn’t done that, however you learn and live. So, like I stated, every time I publish among these videos, there’s a great deal of truly great concerns and remarks that can be found in on those videos throughout the year.

I’m going to attempt to take time to respond to each one of those questions, to the degree that I can and the level that I in fact know the response. And also, I simply wish to be generously clear. I state this every single year when I do this, don’t take this video as my endorsement or recommendation or recommendation. Fundrise Ereit Performance

Fundrise Ereit Performance – Best Investment Platforms

Available to all investors. Fundrise Ereit Performance…The platform is not restricted to certified investors, and you can get going for just $10. Other realty platforms, like CrowdStreet, will only let you sign up with if you’re a recognized investor who made more than $200,000 a year for the last 2 years ($ 300,000 a year collectively with your spouse) or have a net worth of more than $1 million, omitting the value of your primary home.

provides a convenient way to invest in property without investing a fortune. This focused platform lets you purchase shares of private real estate investment trusts (REITs) customized to various investing methods and financial goals. If there’s a market recession– given that they only provide access to non-publicly traded fund properties, there are some extra risks with investing in real estate on– especially. If you understand the possible drawbacks and have a long-lasting investing horizon, provides an effective way to add genuine estate to your investment portfolio.

makes good sense for individuals who want to purchase property without needing to buy home or become a proprietor. Open an account for as little as $10 and get fast access to property funds tailored to different financial investment objectives.

warns that investing in realty is a long-term proposal, suggesting you need to have at least a five-year time horizon. We agree. However you pick to purchase, realty is a long-lasting investment that delivers returns in a timespan measured in years or years.

While some of the platform’s funds offer you penalty-free early redemptions if you select to secure cash within five years, a lot of do not. In addition, notes that it books the right to freeze redemptions throughout a financial slump.

is designed to meet the needs of smaller, nonaccredited financiers. While they likewise use alternatives for accredited financiers who are prepared to contribute six-figure sums or more, they are not the main focus of the platform.

Keep in mind that other real estate crowdfunding platforms like CrowdStreet focus on the higher-end market and could be better choices for larger property financial investments.

charges two yearly charges on your portfolio. Initially, they charge a 0.15% yearly advisory fee. Their website notes they could waive this cost in certain circumstances. Charges up to 0.85% as an asset under management cost. They charge the exact same annual costs for all account tiers.

might charge extra charges for work on a specific realty project like development or liquidation charges. They would deduct these costs from the fund prior to dispersing any remaining earnings to the investors as dividends. does not charge commissions or deal charges, however.

You can cash out with zero penalties on the primary Flagship Real Estate Fund and the Income Real Estate Fund. The personal eREITs and eFund need to be held for a minimum of five years, and charges a 1% penalty on the shares you cash out if you withdraw early.

Advantages Fundrise Ereit Performance

User friendly platform. It only takes a couple of minutes to open an account and start investing with. You enter your contact details, fund the account, and select an investment strategy. From there, the platform will choose the proper funds and run them for you. If you select financial investment objectives, their platform will track your development and recommend actions to help you reach them, like if you need to conserve more to hit your retirement target.

Solid financial investment range. deals financial investment methods varying from safe income funds to higher-risk growth realty funds. As your account balance grows, you can likewise expand into nonregistered funds with more strategies.

High prospective return and earnings. Property can assist add diversity to your portfolio, possibly creating more income, higher returns, and lowered risk than just investing in bonds and stocks.

Information on real estate financial investments. Through the website, you can arrange through their continuous real estate investments, see pictures, and track job milestones. It lets you visualize precisely where your cash is going and what jobs you’re supporting.

Downsides
Moderate fees. In between the annual advisory and management costs, you are paying a flat 1% yearly to utilize the funds. They charge the same charge for all account sizes too. In comparison, one of the very best Lead ETFs for real estate costs 0.12% annual.

While you are supposed to invest for at least 5 years with, you can ask for to cash out at any time. They book the right to restrict redemptions throughout real estate market slumps.

Redemption penalty for some funds. If you attempt cashing out within 5 years of your preliminary financial investment, the efunds and ereits charge a 1% redemption penalty.

Total cost info is tough to discover. The site keeps in mind that you might owe other costs for tasks, like development or liquidation fees, but they are not plainly labeled on the site. You require to search through each task’s offering circular to see exactly what you’re paying.

Minimal customer care. If you have questions, you can browse or email through their help center database of posts. They do not supply a consumer service line for phone assistance.

About
Fundrise was founded by the bros Ben and Dan Miller in 2012 as one of the very first crowdfunding real estate financial investment platforms in the U.S. The business started by permitting investors to straight invest in individual properties, although by 2015, the platform had actually begun to pivot towards REITs and away from crowdfunding private properties.

According to its newest filing with the Securities and Exchange Commission (SEC), as of June 2021, has total assets under management of $1.7 billion, roughly 171,000 active investor accounts and 948,000 active users on the Platform.

Featured Partner Offers

Pros
Discovers, buys and manages property homes for investors
Low minimum investment requirement
Immediately invests your balance based upon your goals
Offers better liquidity than owning your own realty residential or commercial property
High possible returns and income
Easy-to-use platform
Cons
Annual fees of 1% a year
No reduced costs offered for larger balances
Personal REITs provide much less liquidity than publicly-traded REITs
The platform might limit withdrawals during market declines
Some funds charge a charge if you withdraw within 5 years of investing
Very little customer assistance

In this video I’m going to do my yearly evaluation on my investment. And then they collect loan payments with interest from them, or can go out and purchase up residential or commercial properties and enhance them. Something distinct about that is a little bit various from other genuine estate crowdfunding platforms is that with you don’t have to be a certified financier in order to get included.

accredited investors is that an accredited financier needs to have a million-dollar net worth not including their personal residents, or they need to have an annual earnings of a minimum of $200,000 individually for the past two years or over $300,000 per year for the past 2 years with their partner. If you meet particular expert qualifications, you can also end up being a credited investor. However even that for the most part is going to keep most typical people out of the accredited investor category. It’s practical to have something like that makes it open and offered to more normal individuals. Why do I make these yearly evaluation videos every year? Well, back when I initially did this in 2017, I didn’t truly anticipate much feedback or comments or sees or likes or anything on that video, but it sort of exploded. And I was actually amazed by it due to the fact that realty crowdfunding is not my main thing by any stretch. I simply believed it was sort of an intriguing thing to get included with just to evaluate out among these websites and see what happened. And so I did another review video the list below year, and after that the year after that, and each and every single year, individuals love it and wish to hear more and post all kinds of terrific questions and remarks. And so I just thought, hi, let’s keep this thing going. And each and every single year, I’ll attempt to attend to and respond to as many of those questions and remarks as I can. And actually, more significantly, this is a pretty huge year due to the fact that back when I initially put my cash in the understanding was that I wouldn’t be able to get my concept and financial investment back for about five years. And guess what? We are now at that five-year turning point. Yeah. I have not gotten into my account yet, but I’m about to, and I’m going to go in there and see if I can get that money back and what that process looks like and how difficult it is. And if I can’t yet, how much longer do I have to wait? I understand that’s a big objection or maybe not objection, however just a.

drawback that disadvantage lot of people have with this kind of investment is financial investment tying simply connecting principle for concept years5 That’s a very long time to not be able to get it back or to not have the ability to get it back without some type of penalty. really does permit you to request it back early if you want, but depending on your account level, there could be a 1% penalty if you try to get this refund early. And that’s actually a one new thing I have actually observed with this previous year is that they created this brand-new starter strategy that enables you to invest as little as $10. And one of the benefits of this starter strategy is that the money goes into what they call an interval fund. And if your cash is in this interval fund, then you can in fact get it back prior to the five years without a charge. When I first started doing this was I told Fundrise to automatically reinvest my dividends, and one fascinating thing back. And something I didn’t recognize I was saying back when I told them to do that, is that every time it reinvests one of those dividends, I can’t get that dividend back for 5 years. So state if I reinvest them at the very first quarter or the fifth quarter or the 20th quarter, that five year timeline for that single dividend payment starts then, not back when I first put the original thousand dollars in. Even though I can get my initial thousand dollars back, all those dividends are going to be timed out for five years into the future which in hindsight, I kind of desire I hadn’t done that, but you find out and live. So, like I said, every time I post one of these videos, there’s a great deal of truly excellent questions and remarks that can be found in on those videos throughout the year.

So I’m going to attempt to require time to respond to every one of those questions, to the degree that I can and the degree that I actually understand the answer. And also, I simply want to be generously clear. I state this every single year when I do this, don’t take this video as my endorsement or suggestion or idea. Fundrise Ereit Performance