A PAMM Master normally earns fees based on the management and performance of the investor funds. These typically include:

• Performance Fees: A percentage of the profits generated by the managed strategy. This fee is usually calculated at the end of the month, based on the profits in the PAMM account.
• Management Fees: A fixed percentage based on the total funds under management. This fee is typically charged regardless of performance.

The exact fee structure can vary depending on the strategy and agreement set by the PAMM Master.

For more details about the specific fees for your chosen PAMM strategy or to clarify any questions, please contact your Account Manager. They can provide you with detailed information on how fees are structured for the particular PAMM Master you’re following.