HCM provides an array of fund administration services:
- Fund Accounting
Maintenance of the general ledger in accordance with IFRS, calculation of income and expenses, recording of receipts, payment confirmations and other supporting documents.
- Net Asset Value (NAV) Calculation
Calculations of the NAV in accordance with internal rules of the Fund, reconciliation of asset and cash positions, calculation of management and performance fees, and reporting to the Investment Manager and Board of Directors.
- Middle & Back Office Services
Interaction with the Prime Broker, Depository and the Regulator if necessary.
- Transfer Agency Services
Execution of KYC/AML procedures on investors, maintenance of the share register and processing of any requests for transfers, subscriptions and redemptions of units.
- Regulatory Reporting and Compliance
Assistance in the preparation of regulatory reports and ongoing monitoring, ensuring the fund is administered within the terms of the Prospectus and the Regulatory Requirements.