Formulas for accrued fund fees and receivables
Note
For asset management fee formulas, see Fee Management - Standard formulas and linked transaction types
Account interest formulas
Formula | Description | Transaction type |
|---|---|---|
Accrued account interest (ACT/365) | Calculates account interest on the portfolio's total account balance. | Interest,INT |
Accrued account interest (ACT/ACT) | Calculates account interest on the portfolio's total account balance. | Interest,INT |
Management fee formulas
Formula | Description | Transaction type |
|---|---|---|
Accrued management fee (ACT/ACT) | Calculates accrued management fee with fixed annual percentage. Add the formula to the NAV calculation under "Fund info" of the fund securities. | Management fee,MFEE |
Accrued management fee on end of period GAV (ACT/365) | Calculates account management fee with fixed annual percentage. The calculation is based on the end of period GAV. GAV includes:
| Management fee,MFEE |
Accrued management fee on end of period GAV (ACT/ACT) | Calculates account management fee with fixed annual percentage. The calculation is based on the end of period GAV. GAV includes:
| Management fee,MFEE |
Accrued management fee with daily transactions (ACT/ACT) | Calculates accrued management fee with fixed annual percentage. This fee formula is a variant of "Accrued management fee (ACT/ACT)" which creates a separate fee transaction for each date during the calculation period. | Management fee,MFEE |
Performance fee formulas
Formula | Description | Transaction type |
|---|---|---|
Accrued performance fee based on NAV and hurdle rate (ACT/365) | Calculates account performance fee with benchmark/hurdle rate and HWM. | Performance fee,PFEE |
Accrued performance fee based on NAV and hurdle rate (ACT/ACT) | Calculates account performance fee with benchmark/hurdle rate and HWM. | Performance fee,PFEE |
Performance fee with crystallization (FUND-PFEE-CR) | Calculates performance fee with hurdle rate and high-water mark since the previous crystallization. | Performance fee,PFEE |
Kickback formulas
Formula | Description | Transaction type |
|---|---|---|
Accrued kickbacks (ATC / 365) | Calculates accrued kickback for securities that have a defined kickback percentage under "Cost info". | Rebate,REB |
Accrued kickbacks (ATC / ATC) | Calculates accrued kickback for securities that have a defined kickback percentage under "Cost info". | Rebate,REB |
Accrued kickback daily (ACT / 365) | Doses the same calculation as 'Accrued kickback (ACT/365)' but generates one transaction per day in triggered interval. | Rebate,REB |
Income distribution formulas
Formula | Description | Transaction type |
|---|---|---|
Fee formula for income distributions | Income distribution, ID |
Tax formulas
Formula | Description | Transaction type |
|---|---|---|
Tax formula for income distribution (FUND-INCOME-TAX) | Calculates tax on income distributions for the funds that do not pay out dividends for the shareholders. | Accrued tax debt for income, ITX |