PAMM and Managed Accounts Calculations Sample Clauses

PAMM and Managed Accounts Calculations. 13.1. The Company calculates the Investor’s balance according to the following formula: Balance = Deposit - Withdrawals + Profit/Loss – Fees 13.2. The Performance Fee payable is calculated according to the formula: (Allocated Profits – Allocated Losses) * Performance Fee %
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PAMM and Managed Accounts Calculations. 14.1. The Company calculates the Investor’s balance according to the following formula: Balance = Deposit − Withdrawals + Profit/Loss – Fees Balance = Investors Balance Deposit = Amount deposited Withdrawals = Amount withdrawn Profit/Loss = the value of the Profit/Loss achieved with the PAMM account during the trading session preceding the current rollover. Fees = Includes Penalty Fees and Success Fees 14.2. The Success Fee payable is calculated according to the below formula: (Allocated Profits – Allocated Losses) * Success Fee % *Allocated Profits include profits from closed and open trades. Similarly, Allocated Losses include losses from closed and open trades. The formula is based on the investment duration and therefore covers the period starting from the last Success Fee pay−out to the current date. Indicative Success Fees to pay may change as the value of open positions rises or falls (High Watermark principle). Success Fees are processed during the first weekend of each month and/or at the time of withdrawal. If, as a result of technical issues, a Success Fee payout does not occur, thepay−out will take place during the next suitable schedule.
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PAMM and Managed Accounts Calculations. 16 15. Manager's Obligations 16. Investor Obligations 18
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PAMM and Managed Accounts Calculations. 13.1 The Company calculates the Investors balance using the following formula: WD - The amount withdrawn Profit/Loss - The value of the Profit/Loss created within the PAMM Account during the trading session preceding the current rollover. Fees – Includes Penalty Fees and Success Fees 13.2 The Success Fee payable to the PAMM Master (from the achieved Profit) is calculated using the following formula: This formula is calculated on a monthly basis. Success fees are generated during the first weekend of each month. If the performance for the month is negative, this amount is carried over the next month (High Watermark principle).
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