What is PAMM rollover?

In the context of a PAMM (Percent Allocation Management Module) account, a rollover refers to the process of calculating and redistributing profits, losses, and fees among the investors' accounts based on their share in the managed portfolio. 

During a rollover, the following steps usually occur:

• Profit and Loss Calculation: The overall performance of the managed account is assessed, determining the total profits or losses.
• Fee Deduction: Any applicable management or performance fees are deducted from the total profit or loss.
• Allocation to Investors: The remaining profit or loss is allocated to each investor's account proportionally, based on their share in the total investment.
• Assignment and revocation requests are processed: the list of investors is updated on the rollover.

The PAMM rollover occurs at predefined intervals, such as daily or weekly, depending on the terms set by the PAMM manager.

Rollover ensures that all investors' accounts are accurately updated with the latest financial results of the PAMM manager's trading activities.