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MAM / PAMM
Whether you’re a fund manager or an investor, Juno Market’s Managed
Account Module (MAM), gives you complete control and
flexibility to manage your accounts.
MAM / PAMM
Whether you’re a fund manager or an investor, Juno Market’s Managed Account Module (MAM), gives you complete control and flexibility to manage your accounts.
Fund Managers – Easily manage several accounts through one platform and place block orders for all their clients.
Investors – Maintain 24/7 access to your own individual account allowing full transparency on the fund manager’s performance.
Key Features
Easily add, remove, or pause trading on any investor.
View historical performances for each investor
Set performance fees and automatically get paid each month
Multiple allocation types for all fund managers
Juno Markets offers the following allocation methods on our MAM
Equity Lot Share
The most common allocation type. Also known to some as a PAMM (Percentage Allocation Management Module), ELS combines all clients’ equity into one fund and allows money managers to distribute trades depending on the percentage of total pool contribution by each investor account by placing a single trade.
Each investor will have full access to view the performance of their own individual accounts including current open and closed positions.
Example: Investor A has equity of $10,000 and Investor B has equity of $15,000. When the Money Manager opens a trade of 5 lots, Investor A will be allotted 2 lots (10,000 / (10,000 + 15,000)] x 5) while Investor B will be allotted 3 lots (15,000 / (10,000 + 15,000) x 5). Please note that floating trades will affect the equity of each account.
Balance Lot Share
Similar to ELS except trades are distributed based on the clients’ balance instead of equity. Therefore profit and loss of current open positions are not taken into account when distributing trades.
Example: Investor A has a balance of $10,000 and Investor B has a balance of $15,000. When the Money Manager opens a trade of 5 lots, Investor A will be allotted [10,000 / (10,000 + 15,000)] x 5 =2 lots while Investor B will be allotted [15,000 / (10,000 + 15,000)] x 5 = 3 lots. Please note that floating trades will not affect the equity of each account.
Equity Cash Share
This allocation method does not distribute trades directly to each investor’s account. Trades are placed directly from the Manager’s account and the realized Profit/Loss is distributed based on the percentage of total pool contribution by each investor account. ECS offers Money Managers more flexibility to accept Investors of different account sizes.
However, open positions of the manager will not be visible to each investor. Investors balances will changed only after trades are closed.
Example: Investor A has a balance of $500, Investor B has a balance of $1,000, and Investor C has a balance of $5,000. Therefore the total pool is $6,500.
Investor A share of the total pool is 500/6500 = 8%
Investor B share of the total pool is 1000/6500 = 15%
Investor C share of the total pool is 5000/6500 = 77%
The Money Manager places a trade and earns $100. Therefore Investor A would receive $8 (100*0.08), Investor B would receive $15 (100*0.15), and Investor C would receive $77 (100*0.77).
