When a Money Manager creates a PAMM Fund for Investors to start joining, they will need to set up an offer with the rates that they feel are suitable for their services.
The following fee types can be applied by a Money Manager to their offer:
- Performance Fee
- Management Fee
- Deposit Fee
A Money Manager can apply all three fees to their offer or a mix of them if they desire.
Investors would need to check the offer set for the fund before deciding to join to check if they agree with the Money Manager's proposed rates. No refunds in offer fees can be made once a fund is invested in.
For further information on what each of these fee types mean, click here.
If you need any assistance regarding your account or any other questions, our support team is available 24/7 and you can also send us an email.
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