Transfer Average Net Assets with Automated Event Wrapper
- Nancy Cohn (Deactivated)
The GEN_INSERT_ANA event, associated with the Transfer Average Net Assets Data - Batch panel, is currently included in the default Trigger Audit Close Events event group within Automated Event Wrapper.
If you use performance fees based on average net assets, the performance fee accruals need an underlying NAV component of average net assets up to a five year period. You can use this global process to calculate the average net asset amount at the end of the day in order to have the underlying NAV component available to calculate performance fees at the beginning of the next accounting date.
Eagle recommends including this event in any custom audit close events event group in order to ensure up to date average net assets are available for the calculation of performance fees.
