The fund of funds cash allocation process was created for use with You can use the Fund of Funds Cash Allocator in Eagle’s mutual fund accounting solution to calculate and allocate cash flows for each underlying security held in a fund of funds (FOF) workflows in Eagle’s mutual fund accounting solutionstructure. You can use a fund of funds structure when a fund buys into a mutual fund, for example. You set up the underlying fund as a security in Eagle Accounting, and the system considers the mutual fund's NAV as the market price of the security.
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