·  Processing of (non-) trade related transactions and corporate actions;
·  Portfolio reconciliation to positions as per broker/custody statement;
·  Cash reconciliation of bank and broker accounts;
·  Accruing for dividend/interest where possible reconciled to the broker/custody statement;
·  Calculating other income and expense accruals,such as management and performance    fees;
·  Equity reconciliation – summary of changes in net assets and reconciliation of the investor’s    value to the    total NAV; and
·  Provision of accounting or accounting related reports and/or support schedules to the    investment manager and the auditor;

All fund assets, liabilities, revenues and expenses are scrutinized in detail. This attention to detail underscores the responsibilities towards investors, which is inherent to our relationship with the fund.

Amicorp Fund Services currently uses PFS Paxus, a real time multi-currency portfolio accounting system with an integrated general ledger, in the preparation of accounting ledgers and NAV’s. PFS Paxus supports multiple electronic links for pricing, corporate actions, and trade downloads.

Fully integrated with the accounting system is PFS Paxus’ registry module which offers full registrar and transfer agency capability as well as management and performance fee calculation functionality for both corporations and partnerships.

The use of this thoroughly tested and widely used system ensures state of the art capabilities for fund processing.