SABI · Mutual Funds
Mutual Funds
Trade entry with or without a request as the prospectus requires, per-fund parameters, contingency traffic lights and pro-rata income tax by holding.
Every fund comes with a prospectus and the prospectus rules: trading hours, settlement term, administration fees and the ability to open or close trading in a contingency. SABI carries all of it as per-fund parameters, not as an exception in the code.
01
Front office
- Trade entry
- With or without a request, as the prospectus requires
- Automatic operator for bulk investment and divestment
- Reprocessing of recorded trades on a price change
- Query of prospectuses, request calendars, orders and trades
- Query of relocations
02
Back office
- Trade settlement
- Fund parameterisation
- Maintenance of administration fees per fund
- Trading hours per fund, as the prospectus requires
- Opening or closing trading per fund in a contingency (traffic lights)
- Recording of trade prices from the information reported by the fund managers
- Income tax factor entry
- Pro-rata income tax by fund holding
- Gain calculation on disposal of equity funds, for the annual tax process on interest payments
- Generation of closing control figures
- Movement report per fund
- Generation of accounting entries
- Online cash balance query for treasury, covering trading across every market
03
Compliance
- Regulatory report on fund distribution (VAAC)
- Layouts for audits
- Determination of gains and losses for the tax process
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