1.4 Process Share Classes

This topic provides the instructions to call the share classes screen details.

The share classes are the last or lowest level in the umbrella fund hierarchy. Each share class is uniquely identified in this screen with a unique ID. You can maintain any number of share class types as are necessary.

To maintain share classes, use the Share Class Definition Detail screen.

1. On Home screen, type UTDSCDEF in the text box and click Next.
2. Select New from the Actions menu in the Application tool bar or click New icon to enter the details of the share class.
   The Share Class Definition Detail screen is displayed.

   Figure 1-3 Share Class Definition Detail

   
   

   
   Description of "Figure 1-3 Share Class Definition Detail"

   
   
3. On Share Class Definition Detail screen, specify the fields.
   For more information on fields in the screen, refer the below table.

   Table 1-3 Share Class Definition Detail

   Field	Description
   Share Class ID	Alphanumeric; 2 Characters; Mandatory Specify a unique ID that will identify the share class in the system.
   Share Class Description	Alphanumeric; 20 Characters; Mandatory Specify a unique description for the share class.
   Reinvestment Mandatory	Mandatory Select Yes from the drop-down list if reinvestment is to be mandatory for this share class. If you select Yes, and reinvestment is mandatory for this share class, reinvestment is the only option that will be available when a Corporate Actions profile is set up for this share class fund.