1.12 Process Share Class Conversion Screen

This topic provides the instructions to invoke share class conversion screen details.

You can specify the unit holder ID and enter one or more funds details in the details sections for the units to be converted. On selecting the fund, the system will default the current confirmed holdings of the customer in the fund. You can change this value, if required.

During allocation of the conversion transactions, the system will use the Switch-In price for allocation and conversion factor for converting units into To fund. There will be no settlement for conversion transactions.

During the allocation of conversion transaction, the system will calculate the linked transactions G1/G2 split, and convert it to new G1/G2 split using the conversion factor.

You can maintain Share Class Ad-hoc Conversion details using Share Class Conversion Ad-hoc Detail screen.

1. On Home screen, type UTDSCADH in the text box and click Next.
   The Share Class Conversion Ad-hoc Detail screen is displayed.

   Figure 1-12 Share Class Conversion Ad-hoc Detail

   
   

   
   Description of "Figure 1-12 Share Class Conversion Ad-hoc Detail"

   
   
2. Select New from the Actions menu in the Application tool bar or click New icon to enter the details of the Mapping.
3. On Share Class Conversion Ad-hoc- Detail screen, specify the fields
   For information on fields in the Share Class Conversion Ad-hoc- Detail screen, refer the below table.

   Table 1-7 Share Class Conversion Ad-hoc Detail

   Field	Description
   CIF Number	Display The system displays the CIF number in this field.
   Reference Number	Display The system displays the reference number
   Unit Holder ID	Alphanumeric; 12 Characters; Mandatory Specify the Unit Holder ID. You can also select the valid UH ID by clicking Find UH button.
   Unit Holder Name	Display The system displays the unit holder name.
   Conversion Date	Date Format; Mandatory Specify the Conversion Date.
   Order Received Date	Date Format; Optional Specify the Order Received Date.
   Order Received Time	Time Format; Optional Specify the Order Received Time. You can click the GetG1G2 button to view the G1 and G2 details of the unit holder.
   Order Received Time Zone	Display The system displays the order received time zone.

   Table 1-8 Share Class Conversion Ad-hoc Detail - Share Class Conversion

   Field	Description
   Fund ID	Alphanumeric; 6 Characters; Mandatory Specify the From Fund ID details. Note: In GTA setup and in Normal switch with reftype SA Case: In AGY without cross branching, fields fund ID and To fund ID can have funds selected within same segment. In AGY with cross branching, fields fund ID and To fund ID can have funds selected across segments.
   From Fund Name	Display The system displays the From Fund Name for the selected Fund ID.
   To Fund ID	Alphanumeric; 6 Characters; Mandatory Specify the To Fund ID details. During transaction, if any To fund is not maintained at the fund level of From Fund then the system will display the following error saying To Fund is not specified for conversion.
   To Fund Name	Display The system displays the To Fund Name for the selected To Fund ID.
   Balance Units	Display The system displays the total unit balance.
   Provisional Unit Balance	Display The system displays the total provisional unit balance details.
   Blocked Unit Balance	Display The system displays the total blocked unit balance.
   Conversion Units	Numeric; 27 Characters; Mandatory Specify the conversion units.
   G1 Unit	Display The system displays the G1 Unit balance
   G2 Unit	Display The system displays the G2 Unit balance. G1/G2 balance of From Fund will be moved proportionately based on the conversion factor and To fund.
   Converted G1 Units	Display The system displays the Converted G1 Units.
   Converted G2 Units	Display The system displays the Converted G2 Units.
   Conversion Factor (1:2)	Display The system displays the valid conversion factor.
   Transaction Category	Optional Select the appropriate transaction category from the following values of the drop-down list: Advised Business Legacy Execution Only Upon authorization of the entry, the system will internally create one conversion transaction for each unit holder and fund combination and generate authorized unit based conversion switch transactions. If any SI/IDS are maintained in the system against unit holder accounts, then you need to manually update or disable the SI as well as IDS details. The system will not carry forward the SI, Deal or IDS details of From Fund to To Fund. On authorization of the transaction, the system will generate conversion transactions. For Ad-hoc conversion, the system will perform different modes of operation such as Add, Edit, Delete, and Reverse. All Ad-hoc conversion transaction will be captured and authorized without the conversion factor but only will be unitized once conversion factor is available. Upon authorization of share class conversion transaction, underlying Conversion switch transactions will be generated. The system will generate authorized unit based conversion switch transactions. If any SI/ IDS are maintained in the system against unit holder accounts, you need to manually update or disable the SI as well as IDS details. The system will not carry forward the SI, Deal or IDS details of From Fund to To Fund. If for a UH, both Ad-hoc and Bulk conversion is entered then only transaction will be considered for conversion, whichever is authorized first (Ad-hoc/Bulk). The system will do a duplicate transaction check for a combination of transaction date, unitholder ID, from fund and to fund combination and if a similar transaction exists then the system will display a message as Similar transaction exists for the Unit holder. Do you wish to continue?