Alan Solarsh walks through how AGAM calculates weekly growth and applies deductions. In the week of June 5-9, gross growth was 4.7940% but dropped to 4.3146% after commission and insurance. On a €270 package, 36% commission and 10% insurance reduce the payout, with a 12-month average net return of 18.2%.
Questions this video answers
Week starting 5 June and ending 9 June.
4.7940% (gross).
4.3146% (net on dashboard).
€270 package.
36% commission.
Chapters
Hello everybody. Alan Solosh here, the passive income guru. And this video tutorial explains to you how the growth is calculated and what percentage of growth you were paid from Atlantic.
So on a Friday we get an email stating our growth. So, so in the email it states here the week that was traded on your package. So the week starts on the 5th of June and ends on the 9th of June. I earned a percentage of 4.7940%. That is the gross amount that I received without.
The deductions being taken into account. When I log into my dashboard on Atlantic, I see on the graph the right hand side of my package that there is a growth of 4.3146%. That's lower than the 4.7940%. This is the percentage that I actually received.
On my package. This is the net amount less all deductions. So let me show you how the deductions break down. So as you can see in the top right hand corner, I've put there the net amount. This is the amount that I actually received, which was 4, 4.3146%. Okay? And I put here the package type, which is a 270 Euro package. The gross deduction is 4.7940%. That's the gross amount of money that that package made before deductions, which was €12 9438. Okay? 12.€9438 without deductions. Then we start taking off the deductions. So the commission owing on this package, as you can see over here, is 36%. So I put you at 36%. So I'm going to double click there and I'm going to show you the calculation. So I take the total growth less than 36%, gives me an answer of 4.659768 Euros. That's the growth that was made after the commission. Then I have insurance on my package. So the insurance is 10% of the week's growth. So the gross growth is €12 9438. 10% of that is equals to 1.29438. So the total deductions is the commission of the 36% commission owing to Atlantic, okay? Plus the insurance is equals to 5.948%. Okay? So if I take the total gross amount that I earned from Atlantic, which was €12 9438, okay. Minus the deductions of 5.95 4148, I get total of 6.989, which is equaling to what they are saying in my email, the growth is 6.99. So if we actually had to round it off, you'll see there it becomes 6.99, which is exactly 100% what Atlantic is saying. There's no hidden costs here, there's no hidden charges, okay? Everything works out exactly the way they say it. You just need to understand the math. Now, when we go back to the dashboard on Atlantic, it shows you exactly what the positions are with your commissions. On my package, the 270 Euro package, I pay a commission of 36%. Now the bigger the packages that you take, the lower the commissions owing to Atlantic. So if you look at a €2,430 package, the Commission owing is 24 and the higher you go, it goes down to as low as 3%. So if you look at the my 270 Euro package, you can see here that I'm getting a percentage of 18.2%. So when I go to my package, this is the month. This is the month's growth over period of time starting from February to June. Okay? So in February I earned a net amount of 17%. On March I earned 29%, April 22%, May 20is 18% and June 9%. We're in the second week of June. So I'm on track to making my net of 18%, which is, which is exactly what they say that this is an average over the past year, okay, of the past 12 months of what's been earned, okay. Which is 18.2% on a 2 point, sorry, 270 Euro package. So everything looks a hundred percent amazing that in the, in one of the months I made 29.54, 29.4534%. And you know, so, you know, some months I make more, some months I make less. But on average you should make exactly what it says on your dashboard. What I'm going to do is I'll save this document and, and I'll leave a link under the video and you can open the Excel spreadsheet, put your packages in, and then you can work out exactly.
How much you're supposed to get paid on a weekly basis and make sure that everything balances. So I hope that you found this video educational. If you like this video, please like the video. Please subscribe to my channel so that you don't miss any further videos because I've got lots of tutorials that I make on a weekly and monthly basis to help you understand Atlantic better and for you to be comfortable with the investment and yeah, thanks for joining me. Today and have a great day and have a fantastic passive income day.
