1.5.2 EPU/Lot Component Values

This topic explains the EPU/Lot Component Values tab in the Fund Dividend Detail screen.

1. Click EPU/Lot Component Values tab in the Fund Dividend Detail screen.
   The EPU/Lot Component Values are displayed.

   Figure 1-3 Fund Dividend Detail_EPU/Lot Component Values

   
   

   
   Description of "Figure 1-3 Fund Dividend Detail_EPU/Lot Component Values "

   
   
2. Specify the values for each component in the Earnings per Unit/ Lot, which are to be applicable for the cash dividend declaration.
   This link is only available if the EPU is designated as defined in terms of components, in the Corporate Actions profile defined for the fund and the corporate action type.

   You can view the following EPU/Lot Component details:

   • Component ID
   • Component Value
   • FDAP Income
   • Component Description
3. The system performs a sum of all the EPU component values that have been entered. If the sum is a negative value, an error message is displayed, and you must alter the values till a positive sum is obtained.

   Note:

   The system will perform EPU upload only if there is no unprocessed dividend data or if there is only one unprocessed dividend.
   Once this is done, the Fund Dividend Component screen is closed, and the sum so obtained is populated in the Earnings Per Unit/LOT field.
4. If the EPU for the dividend is captured as negative value, then the system will calculate the dividend amount as negative. While processing the dividend payment, if system finds out the negative payment amount, then system will generate a redemption transaction with the transaction amount same as the negative dividend amount.
   For instance, if the dividend amount is 1000 in USD then the transaction amount 1000 in USD.

   Note:

   The Earnings Per Unit should always be greater than zero. Negative EPU components can be specified only if your installation has specifically requested for this feature. An exhaustive note on negative EPU components is found in the Annexure.