Periodic distributions allow the fund to make distributions to shareholders on a periodic, or ad hoc, basis. The system stores the periodic capital gain distribution rates by fund, class, and effective date in the Periodic Distribution tables. You can base the capital gain distributions on settled or outstanding shares. You can initiate the postings using the system's data entry panels or using Automation Center's Schedules. The system does not calculate capital gain rates, but stores them and uses them in capital gain distribution calculations.
General
Content
Integrations
Add Comment