What is an incentive fund in horse ads?
Ok. So in a lot of horse sales ads online a lot of them have incentive fund as a listed attribute. What is an incentive fund, and what exactly does it do?
Incentive funds vary a bit from association, to association, but here is how they work in general.
As the mare owner, you can pay a fee to have a foal put into an incentive fund. In APHA, where I show, the trust is called the "Breeder’s Trust". The fee is fairly reasonable if you appy when the foal is young, and quickly increases as the horse matures.
The fee works like this. For every point your horse earns in APHA classes the owner and the origional breeder make a certain amount of money back. In APHA’s case I’d earn about $17 per point, which can really help pay off show expenses. On the downside, not all classes qualify for breeder’s trust funds. Open classes and amateur classes count, but novice amateur classes and youth classes don’t earn you money.
The incentive fund can be helpful if you have to sell a horse – people like the possibility to earn some money back so it can help. But if you don’t show at the breed association level then it won’t pay off.
http://www.aqha.com/showing/aw.....index.html this link tells you exactly what it is in full detail…it was too long to copy and paste
hope this helps!!!!
References :
google search
http://www.aqha.com/showing/aw.....index.html
Incentive funds vary a bit from association, to association, but here is how they work in general.
As the mare owner, you can pay a fee to have a foal put into an incentive fund. In APHA, where I show, the trust is called the "Breeder’s Trust". The fee is fairly reasonable if you appy when the foal is young, and quickly increases as the horse matures.
The fee works like this. For every point your horse earns in APHA classes the owner and the origional breeder make a certain amount of money back. In APHA’s case I’d earn about $17 per point, which can really help pay off show expenses. On the downside, not all classes qualify for breeder’s trust funds. Open classes and amateur classes count, but novice amateur classes and youth classes don’t earn you money.
The incentive fund can be helpful if you have to sell a horse – people like the possibility to earn some money back so it can help. But if you don’t show at the breed association level then it won’t pay off.
References :