The fund of funds targets are the allocation percentages used to calculate each fund of funds allocation method. You can specify the fund of funds targets for each underlying security held by a top-level fund. You can select which underlying securities to include in the fund of funds cash allocation process. You also enter a target percentage for each security as well as identify the underlying securities to include in the fund of fund cash allocation process for a master fund and define the allocation percentages that the system uses to calculate each fund of fund allocation method. You must enter a target percentage and an asset class type for each underlying security in a top-level fund of funds. The total of the target percentages for the selected underlying securities, each entered as a decimal, must be equal to 1.0. If If you create fund of funds targets for an entity that uses use the User Defined fund of funds allocation method, you can define a target percentage two target percentages for each underlying fund/security, defining one for a positive cash flow and another for a negative cash flow.
You can create, edit, and delete fund of funds targets. You can also view the current fund of funds targets and their associated history. If you change or delete fund of funds targets, you must select all the current active fund of funds targets for the top-level fund at the same time to ensure that the target percentages are always equal to 100%.
| Child pages (Children Display) |
|---|
...