Hi Raymond,
We recommend to each clamping diameter in an ER collet a certain tightening torque. It depends on nut type and also on diameter, you like to clamp.
The tightening torque is higher than the transferable torque.
**LINK**
You see that the recommend tightening torque for Ø 11.50 mm is the same as for Ø 12.00 mm. Finally the transferable torque is the same.
I hope that the answer helped.
As Promised here is the info regarding the grip through the range of each collet. Although I have only posted 1 reply here, ALL manufacturers contacted agreed the the torque is reduced at the lower end of each collets capacity. By how much is governed by many things. ie Ø, tightening torque, quality of holder and collets.
High quality holders, collets, and closers suffer much less than low quality ones.
Finally, all makers I have contacted [Kennametal, Sandvik Coromant, Rohm, Regofix, Royal, Fahrion and Big Kaiser [I think thats them all ] have all taken the trouble to reply and explain things in detail often attaching some pdf's and that, from big high class firms, to a "hobby user " is great service . I was originally thinking nah,, none of these firm will reply welll how wrong I was. High class products and high class service.