2A - 7 Pricing Report

Owned by Tom Fahey (Unlicensed)
Last updated: Sept 29, 2016 by Former user (Deleted)
3 min read

The Rule 2A – 7 pricing report compares market values to amortized costs for the monthly risk assessment of money market funds, which are highly liquid short term investment vehicles with stable net asset values (NAV) of $1.00. Prior to submitting the 2A – 7 Pricing report, you must load prices to the work tables used for the report. Advanced report views available for this report include:

  • 2A – 7 pricing summary with security level data
  • 2A – 7 pricing ledger with summary ledger data
  • Details of holdings by tier, investment type, and issuer
  • Details of security ratings

Content on this page:

2A – 7 Preprocess

Prior to submitting the 2A-7 Pricing report, you must store prices to the work tables used to create the report.

To store prices to the work tables used by the 2A – 7 Pricing report:

  1. From the Accounting Center window, click Reporting in the left navigation.
  2. Double click Investment Accounting, Compliance Reports, and 2A – 7 Preprocess.
    You see the 2A – 7 Preprocess panel.
  3. Enter the entity ID or Entity Name for the portfolio, sector portfolio, composite portfolio, or Master Fund you want to process.
  4. Enter the effective date for the prices to store. The default is today's date.
  5. Click Submit.
    You see the Executing Submit dialog box. When the event completes, you see the Event Close Activity result and the prices are stored to the 2A-7 report work tables for the entity and effective date selected.

2A – 7 Pricing Report

After the prices have been stored to the work tables, you can create the 2A – 7 Pricing report.

To create the 2A – 7 Pricing report:

  1. From the Accounting Center window, click Reporting in the left navigation.
  2. Double click Investment Accounting, Compliance Reports, and 2A – 7 Pricing Report.
    You see the 2A – 7 Pricing report panel.
  3. Complete the fields on the 2A – 7 Pricing report panel.
  4. Click Submit.
  5. Click Advanced Report or Classic Grid Report for the report view you want.
    The report results appear on your desktop for the view selected.

2A – 7 Pricing Report Panel

A definition of the options on the 2A – 7 Pricing report panel follows.

Search Criteria

  • Entity ID. Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by the entity ID of the entity.
  • Entity Name. Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by name of the entity.
  • Accounting Basis. Specifies the entity accounting basis. For example, USTAX, GAAP, or IFRS.
  • Select View. Allows you to select the entity view for your report results.
    Options include:
    –  Total Fund (Default)
    –  Sector
  • Select Sector. Allows you to filter by sector. Options include All (default) and Individual. To use this option, you must select Sector as your selected view.
  • Sector ID. Allows you to filter by sector identifier. To use this option you must select Individual as your sector selection filter.
  • Report Date. Specifies the effective date for your report results. The default is today's date.
  • 2A – 7 Pricing Source. Allows you to filter by 2A – 7 pricing source.

Selection Criteria

  • Report Filters. Allows you to show/hide additional report and security filters. The default is No.
  • Advanced Report Options. Allows you to show/hide advanced report options. The default is No.
  • Filter Security By. Allows you to show/hide the additional report filters.
    Options include:
    –  Security Cross Reference (Default). If you select this option the panel unhides the Xref Type and Xref Security ID fields for data entry.
    –  Issue Name. If you select this option, the panel unhides the Issue Name field for data entry.
    –  Primary Asset ID. If you select this option, the panel unhides the Primary Asset ID field for data entry.
  • Advanced Report Options. Allows you to select the 2A – 7 Pricing views for your report results.
    Options include:
    –  Summary Main (Default is Yes)
    –  Details of Holdings by Tier Level (Default is Yes)
    –  Details of Holdings by Investment Type (Default is Yes)
    –  Details of Holdings by Issuer (Default is Yes)
    –  Details of Security Ratings (Default is Yes)