We provide fund administration services to all type of funds in a timely and cost efficient manner.
The administrative duties include:
- Calculation of the Net Asset Value (NAV) including the calculation of the funds income and expense accruals;
- Subscription & Redemption requests;
- Corporate action support;
- Regulatory, Fund Manager and Investor reporting
- FATCA/CRS Compliance support
- Custodian / Depositary support and communication
- Maintenance of the fund’s financial books and records;
- Preparation of semi-annual and annual accounts (via our associates);
- Payment of the funds expenses;
- Reconciliation of daily and monthly Broker Statement;
- Follow up settlement of daily trades, assuring that the proper dividend and interest are received, updating price of securities of client;