What is an Investor and what is their role?
When referring to PAMM accounts, an Investor is a person who would add money to a pool of funds. Generally, however, not necessarily, the Investor would not have sufficient trading knowledge, leading them to reach out to a Money Manager to trade for them.
Investors receive the profit made by the Money Manager and must pay the losses if trades go negative. In return for the Manager's trading services, the Investors are subject to an Offer, which is a collective term for fees set by the Manager.