What is PAMM Portfolio equity for?

PAMM Portfolio equity is the funds in the portfolio which are not invested in any of the PAMM Accounts which make up the PAMM Portfolio. These funds may be used to invest in a PAMM Account or withdrawn to a transitory account.

Equity appears as a result of deposits made to the PAMM Portfolio from a transitory account. Funds withdrawn from PAMM Accounts which are included in the PAMM Portfolio also form part of equity.

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