2.14 Process Unit Holder Currency of Expression

This topic provides the systematic instructions to specify the currency of expression for the unit holder fund combination by selecting the fund price currency/fund base currency as Unit Holder Currency of Expression (UHCOE).

Unit Holder Currency of Expression (UHCOE) will default on authorization of Transactions of COE funds.

This maintenance is a multi-grid and you can maintain multiple funds and the corresponding fund price currency as currency of expression for a unit holder.

1. On Home screen, type UTDUHCOE in the text box, and click Next.
   The Unit Holder Currency of Expression screen is displayed.

   Figure 2-37 Unit Holder Currency of Expression

   
   

   
   Description of "Figure 2-37 Unit Holder Currency of Expression"

   
   
2. On Unit Holder Currency of Expression screen, specify the fields.
   For more information on fields, refer to the field description table.

   Table 2-40 Unit Holder Currency of Expression - Field Description

   Field	Description
   Unit Holder ID	Alphanumeric; 12 Characters; Mandatory Specify the unit holder ID. Alternatively, you can select unit holder ID by clicking Find UH button.
   Unit Holder Name	Display The system displays the unit holder name.
   Fund ID	Alphanumeric; 6 Characters; Mandatory Specify the Fund ID. Alternatively, you can select fund ID from the option list. The list displays all valid Currency of Expression(COE) enabled fund ID maintained in the system. Based on the fund ID selected corresponding list of currencies will be displayed in the option list. (Fund Base Currency and Fund Price Currency for the fund selected).
   Fund Name	Display The system displays the fund name for the selected fund ID.
   Currency of Expression	Alphanumeric; 3 Characters; Mandatory Specify the currency of expression. Alternatively, you can select currency of expression from the option list. The list displays all valid currency of expression maintained in the system. You can maintain only one currency, i.e., either Fund Base currency or any of the fund price currencies for that fund as currency of expression for a UH-Fund combination. The record can be modified or deleted post maintenance. The system will validate this while saving and displays an error message as Only Fund Base Currency or Fund Price Currency can be selected.
   Currency Name	Display The system displays the currency name for the selected currency of expression ID. After maintaining the Unit Holder Currency of Expression (UHCOE), if one of the FPC is removed and that currency is UHCOE for a UH, then defaulting at Transaction capture will happen but the price currency/COE logic will not happen for the fund, it will be a case where TBC≠FBC or FPC. At the UHCOE maintenance this can be operationally controlled. Note: If there is no Unit Holder Currency of Expression (UHCOE) maintained, then the system will default a currency for the UH and Fund combination.