Fund Administration and Accounting
Fund administration and accounting, though, at the backend is becoming increasingly crucial for the fund operations. If done rightly, this process could elevate the positioning of the fund as a transparent and fair manager for their investors. Magistral has funds’ investors’ concerns in mind predetermines the questions that will be asked and addresses them proactively in the documentation. Here is what we offer.
Updating Financial Records
Maintaining and filing financial records of the fund
Distributions Management
Calculating and paying dividends and distributions. Preparing periodic reports for the same
Portfolio Valuation
Calculating and updating NAVs, and pricing the funds’ portfolio of investments like companies, stocks, assets, funds, and liquidity
Admin Processes
Daily processing of corporate action, trades and related transactions, withdrawals, transfers, and switches
Fund Setup
Research, legal, and corporate matters handled towards establishing a fund in the Cayman Islands, Luxemburg, and Delaware
Preparing Reports
Preparing and filing reports for investors and local regulatory bodies