Our highly experienced investment accounting and unit pricing team have been providing services to the managed fund industry for over 25 years.
We can provide the following core services for a variety of managed fund products including unit trusts, PIEs and superannuation funds:
Our specialist unit pricing team provide unit pricing services for several fund manager clients and for approximately 100 funds. All unit prices are subject to rigorous checks and controls including measurement to market benchmarks.
Statutory Financial Statements.
We can provide fully IFRS compliant audited financial statements. This service includes the management of the accounts preparation and audit timetable and liaison with entities auditors, tax advisers, custodians, trustees and other interested parties.
Periodic Investment Portfolio Reporting.
Our core periodic investment reporting service includes reporting through to management financial statements, trial balances, portfolio valuation reports, transaction and cash reporting. This reporting is typically provided monthly, quarterly or six monthly. We can also provide access to a reporting tool which allows the running and tailoring of reporting to meet client specific requirements.
Portfolio Valuation Reporting.
Our portfolio valuations can be provided daily and includes full revaluations and accruals of income for all securities. Investment valuations can be provided using either a close price basis, a bid price basis or a close price unless outside the bid/offer spread, then bid price basis (required for IFRS compliant accounts). We can also provide amortised yield to maturity valuations.
Our performance reporting functionality allows us to deliver performance reporting both on a time weighted and money weighted return basis. Performance can be reported at an individual security level, sector level, portfolio level and a consolidated portfolio level. We can also provide net fund return reporting based on unit price returns and FMCA compliant fund return reporting (i.e. fund returns using highest PIR and 0% PIR).
We are experts at providing services that meet the unique Investment Accounting requirements of the New Zealand PIE tax regime.