1.3.1 Identify Applicability of Loads

This topic provides the instructions to identify the criteria of applicability of Loads.

Criteria-based loads

In the Fund Load Setup for any fund, any loads that are deemed to be applicable for a transaction are associated with the fund.

Some of the associated loads may be criteria-based loads, which would be applicable only if the criteria are satisfied.

Any such associated loads, for which the criteria of applicability is satisfied, and that are defined as to be processed at the time of allocation are identified by the allocation process at this stage, for the fund the transaction type and the transaction reference type as of the transaction date.

Overridden loads

If any of the applicable loads has been overridden after the transaction was authorized, (through the Transaction Load Override facility) the overridden values are picked up.