Versions Compared

Old Version 15

changes.mady.by.user Nancy Cohn (Deactivated)

Saved on

compared with

New Version 16

changes.mady.by.user Nancy Cohn (Deactivated)

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.
Comment: Version published after converting to the new editor

In the Create Entity Share Class Information panel, when you add a share class to a master fund entity, you can select various options based on the requirements of your business.

...

OptionTagDescription
Add Entity Share Class Information

Entity ID1163Specifies the unique identifier of the master fund entity associated with the share class.
Entity Name1164Specifies the abbreviated name of the master fund entity associated with the share class.
Effective Date1109Specifies the effective date of the share class associated with the master fund entity.
Share Class Code34Specifies the share class code. You can set up additional values for the Share Class Code field using the Codes workspace.
Share Class Name3626Specifies the share class name associated with the Share Class code.
Share Class CUSIP10748Specifies the CUSIP of the share class.
Share Class Ticker10479Specifies the ticker of the share class.
Share Class Exchange10480Specifies the exchange of the share class.
Share Class ISIN10481Specifies the ISIN of the share class.
NASDAQ Symbol13Specifies the NASDAQ symbol.
NASDAQ Listing Start Date5163Specifies the begin date of the time period when a NAV for this share class can be marked for transmission to NASDAQ.
NASDAQ Listing End Date5164Specifies the end date of the time period when a NAV for this share class can be marked for transmission to NASDAQ.
Transfer Agent Name3627Specifies the name of the transfer agent.
Transfer Agent Account Number3628Specifies the transfer agent account number.
Load Charge 5165Specifies the load charge for the share class.
Load Effective Date 5166Specifies the effective date of the load charge for the share class. This date is required if you specify a load charge.
Share Class Status3630Describes the status of the share class. Options include Active (Default) and Inactive. The system excludes share classes with an Inactive status from SEC yield calculation.
Share Class Termination Date3631Specifies the termination date of the share class. It is used in SEC yield processing.
Class Inception Date3629Specifies the share class inception date.
Inception NAV3634Specifies the value of the share class at inception.
Base Class12013Indicates whether the share class NAV is used as the basis when determining NAV divergence. When you set up a fund that use set rate distributions, you must identify a specific share class as the base class for that master fund. Options include Yes and No.
Class Expense Ratio12014Stores the class level expense ratio value used to set up NAV divergence and class expense ratio tolerance checks for the Control Center's Class Expense Ratio Test (ECERT).
Minimum Yield4992Indicates the minimum yield that a daily distributing master fund entity must obtain. If the net investment income (NII) process calculates a yield below this threshold, it recalculates the distribution amount to equal this threshold. The system automatically posts the difference to a dividend expense reimbursement account. The system reports the minimum yield as a percentage; however, you must enter it as a numerical value. You can also enter a value for this field using the multi-row pane on the Create Master Fund panel.
NII Distribution Method11475Determines if the share class accumulates or distributes net investment income (NII). Options include:
  • Accumulate. Allows the share class to accumulate net investment income. When you calculate net investment income, the system calculates the mil rate and yield for the share class, but does not post the distribution to the ledger and subledger. You can use the Calculate Accumulated NII panel to post accumulated distributions to the ledger and subledger.
  • Distribute. Allows the share class to distribute net investment income. When you calculate net investment income, the system calculates the mil rate and yield for the share class, and posts the distribution to the ledger and subledger.
PACE Performance Entity ID5630Identifies the entity identification number used for the share class in Eagle's Performance solution.
User Defined Share Class ID5631Specifies a user defined identification number for the share class.
Share Class Hedging18045

Determines if the share class elects share class hedging. Share class hedging allows a share class to have exposure to assets/securities denominated in a foreign currency without the associated currency risk of the base currency of the fund. A share class can elect to use share class hedging in order to allow Eagle Accounting to allocate the currency gain/loss directly to the hedge class. Options include:

  • Yes. The share class is eligible to process share class hedging. Realized gain-loss on capital stock settlements is fully allocated to the hedge share class.
  • No. Default. The share class is not eligible to process share class hedging. The system posts any calculated gains or losses associated with hedge share classes to the total fund to be allocated to all share classes within the entity.
Fund to Fund - Underlying Fund Identification

Held As Security10847Identifies the fund as a multi class fund. Options include Yes and No (Default). If you select Yes, the NAV Price Precision field and the Primary Asset ID field appear.
Tax Equalization Fields

European Equalization Method11541Specifies the method to use for the selected share class. This option is required if you set the European Equalization Flag field to Yes at the fund level. Individual classes can use different methods. Options include Settled Shares and Outstanding Shares.
Retail Performance

Generate Dummy Share Class ID7006Determines whether to generate a dummy share class identifier. Options include Yes and No.
Share Class ID2421Specifies a unique share class identifier.
Check to Validate Share Class ID is Unique7010Indicates whether the share class ID is unique. Options include Yes and No.
Retail Performance Fields

Performance Fund7009Indicates if the fund will utilize Eagle Performance. Options include Yes and No.

...