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Success Fee deduction at closing period

whoknows19500 6 years ago updated by Genesis Vision Support 5 years ago 2

The white paper doesn't make it clear on how the success fee is paid to the manager. 


In most trust management platforms, the success fee is deducted at the ending of the cycle, normally every 30 days for most PAMM/MAM software. Since the manager has the ability to select the closing period on their own, this would indicate that the success fee is paid out at the closing of the investment period. 


However, in the alpha stage I have closed out several investment periods and I have not received any success fee. The manager should be rewarded the success fee at the end of the investment period regardless if the investor has withdrawn their funds or rolled the investment over to the next investment period. cycle.