Need to know
- Setting an Offer is important for Money Managers as a source of their incomes in a form of fees.
- A newly created offer has a default setting with no values.
- To apply their own charges/fees Money Managers will need to create an offer with their own settings.
You will need to:
- Access the Money Manager section on your PAMM portal.
- Access your Fund.
- Access the Offers section.
- Click on the Create button.
- Add the Name of your Offer.
- Decide whether you would like your offer to be Public or Private.
- Configure how often your offer should be charged in the Trading Interval section.
- Configure a minimum deposit, minimum withdrawal, and minimum investment.
- Configure a minimum deposit, minimum withdrawal, and minimum investment.
- Configure how often your offer should be charged in the Trading Interval section.
- Decide whether you would like your offer to be Public or Private.
- Adjust the Performance fee to your desired amount. With this fee set in place, the manager is able to gain a percentage of the profit from the trade.
This fee is able to have different layers of fees depending on the percentages set.
For example, in the example below, a 0-30% profit return will cost the investor 20%. If the profit return is 30% or greater, the investor will need to pay 35%.
- Adjust the Management fee to your desired amount. The management fee allows the Money Manager to set a fee for overseeing the Investor's assets and dealing with them.
- A cut from the profit can be assigned to the Money Manager in relation to the number of funds given by the Investor or if it is a set amount. This fee usually decreases as the rate of investment increases. This fee can be charged either in percentage or in currency. This fee is charged on the configuration set.
- In the example below, when the investor would deposit $0-500, a 30% fee is required. When the investor would deposit $500 or more, a 15% fee is required.
- Adjust the Deposit fee to your desired amount. The Deposit fee is a fee that is applied whenever an Investor would like to deposit funds into the pool of funds. This fee is charged on initial and/or recurring deposits. This fee is charged immediately.
- In the example below, $0-1000 would require a 5% fee, whereas deposits from $1000 would require a 3% fee.