Management terms
Review the manager’s authority, valuation dates and withdrawals.
PAMM
PAMM accounts
A PAMM arrangement allocates an account’s result among participants according to their shares and the management agreement. The allocation applies to losses as well as gains.
Participant share
Your allocation determines your share of the account.
Period result
Gains, losses and agreed fees affect the value of your allocation.
Worked example
Calculate your allocation.
Allocate the period’s result by ownership share, before fees.