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FA Fund Management 1.13 - Release notes

Released: September 2023

FA Fund Management 1.13 helps you prevent errors caused by ongoing report calculation and open FX hedge fund structures in FA Fund Management.

FX hedge fund settings

Why?

We introduced this feature to make it easier to set up the FX hedge fund structure in FA Fund Management.

Who is this for?

This feature is for fund companies that manage FX-hedged funds. 

Details

A hedge fund in FA platform consists of at least three portfolios instead of one. You can now easily create them with Fund wizard and Share class wizard in FA Fund Management app. The two-level structure has two hedged share classes as follows:

  • Parent portfolio (groups fund portfolio and hedge portfolios)

    • Fund portfolio (with fund portfolio holdings)

    • Hedge portfolio A (contains the FX contracts for a share class)

    • Hedge portfolio B (contains the FX contracts for a share class)

When the structure is created, you can add FX contracts in FA Back.

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Learn more: Hedge currency exposure in FA User guide.

Other improvements

  • We improved the usability of adding a settlement cycle in the Fund wizard with clearer helper text and guidance in the empty fields. 

  • We made the dividend transactions table scalable so it works with different screen sizes.

Fixes

Fund wizard

  • We aligned the transaction types for the bookkeeping fields. 

NAV report (PDF)

  • The report now shows share class warnings.

Income distribution

  • For postings from the rule set defined in the Accounting tab, only ready postings are included in the accrued income calculation.

Technical fixes

  • We made technical fixes to the identification of fields.

  • Updating the allocations to securities that inherit their price from share classes now works.

Updates to FA Fund Management 1.13

FA Fund management 1.13.1 - Release notes

FA Fund Management 1.13.1 is an update to FA Fund Management 1.13. This update includes the following fixes:

  • We improved the loading time of the NAV status view - now it takes less time to fetch the data.

FA Fund management 1.13.2 - Release notes

FA Fund Management 1.13.2 is an update to FA Fund Management 1.13. This update includes the following fixes:

  • We fixed an issue with saving NAV. When a trade order had a cost and a settlement cycle that didn't follow the default settlement cycle schedule, NAV data couldn’t be saved.

FA Fund management 1.13.3 - Release notes

FA Fund Management 1.13.3 is an update to FA Fund Management 1.13. This update includes the capability to use the limit fixes that were implemented in FA Back 3.20.3. Read more about the limit fixes in FA Back 3.20.3 - Release notes.

FA Fund management 1.13.4 - Release notes

FA Fund Management 1.13.4 is an update to FA Fund Management 1.13. This update includes the following fixes:

  • The capability to use the limit fix that was implemented in FA Back 3.20.5 (see FA Back 3.20.5 - Release notes). Now the limit run takes the position from same day when the NAV is calculated.

  • We extended the timeout in JSreports from 60 seconds to 180 seconds. This is useful when a user wants to run multiple NAV reports at the same time.

FA Fund management 1.13.5 - Release notes

FA Fund Management 1.13.5 is an update to FA Fund Management 1.13. This update includes the following fixes:

  • Fixed an issue that sometimes caused a deadlock situation where two or more processes are unable to proceed, causing the application not to start up.

In this section: