Fund Accounting & Administration
Our fund accounting and administrative services include:
Fund Accounting
- Calculation of the Net Asset Value (NAV) including the calculation of the funds income and expense accruals
- Preparation of semi-annual and annual accounts
- Maintenance of the funds financial books and records
- Payment of the funds expenses
- Calculation and payment of dividends and distributions (if required)
- All back up documents underlying the books and records and the staff that maintain them.
- Supervision of the orderly liquidation and dissolution of the fund (if required)
- Provision of client customised P&L and portfolio reports including trader sector and strategy bifurcation.
- Tax accounting services including income characterization, wash sale reporting and utilisation of aggregate and layering allocation methodologies.
- Co-ordination with external auditors for annual audit and regulatory reporting.
Fund Administration
| Process investor subscriptions | |
| and redemptions | |
| Review investor eligibility | |
| (ie Qualified Purchaser and hot issues status ) | |
| Review compliance with EU | |
| and Patriot Act anti-money laundering provisions | |
| Maintain investor register | |
| and files | |
| Communicate with investors | |
| Publish and/or furnish NAV as | |
| required | |
| Distribute financial, tax and | |
| other pertinent reports to investors | |
| fund formation and organization |
For further information regarding fund accounting and administration services, please contact us.