9 Cash Management Account

This topic provides information on Cash Management Account.

Cash Management Account is a money-market fund (in a portfolio of funds) that is used for recovering ongoing fees and annuity payments related to the funds in the portfolio. When the CMA is used for ongoing fee payments, it is called as an Expense Management Account (EPA) and for Annuity as an Income Management Account (IMA). The system calculates the ongoing fees as well as the annuity payments for a period of one year.

This topic contains the following sub-topics:

• Cash Management Account Description
  This topic provides information on Cash Management Account Description.
• CMA Operations
  This topic provides information on CMA Operations.