I want to pay 33% on my mutual funds...

It is very often said that mutual funds managers have little incentive to work hard for returns.  After all the customer will pay.  He has no choice.  The mutual fund just skims it off the capital.  The customers capital.  My capital.

The mutual fund managers will be paid and the mutual fund provider will make money.  

Here's a better idea.  I want mutual funds ("you") to operate this way:

1. If you lose money on my funds you get 0.

2. If you make money on my funds, but you don't beat the market, you get 10% of the gains.

3. If you beat the market, you get 10% of the gains, plus 33% of the gains that are above the market.

Let lose the Alpha-Bulls.