3.4.14 Project Allocation Details Button

This topic provides information about project allocation details button in FCIS IPO subscription detail screen.

At this stage, the transaction is ready to be saved. If you wish to see a projected picture of how the transaction would most possibly be allocated, then click the Project Allocation Details button.

You can view Dividend amount for each of the redemption transactions. This amount is the net payment amount payable along with the redemption post WHT and IDS being considered.

You can view the projected allocation details only for funds in which the ageing policy is FIFO (first-in, first-out) or Transaction Receipts. If the prices are not available for subscription transactions on the transaction date, the latest available price is picked up for allocation.

For validating dilution levy breach amount, the system does a project allocation for the transaction and then calculates the net amount of the transaction.

When you request the allocation process, the system temporarily saves the transaction into temporary stores in the database and gives it a unique key string. The system then performs a mock temporary allocation, and displays the details of the same in the Allocation Projection screen.

The following project allocation details are displayed:

• The Fund ID
• The Product ID
• The Unit Price for the transaction, as on the date of the temporary allocation.
• The Allocation Price
• The Gross amount in fund base currency
• The Settlement Amount in transaction currency
• The Linked Product ID
• The Load amount in fee currency
• The number of units allocated
• The Base Price
• The total load amount
• The Net amount in fund base currency
• The Settlement Amount in Price Currency
• The Linked units
• The Unit Balance

The following Load Details are displayed during the allocation:

• Fund ID
• Load ID
• Load Description
• Load Amount
• Load amount in fee currency
• VAT Amount in Fee Currency

The following Performance Fee Details are displayed during the allocation:

• Link Transaction Number
• InOutFlag
• Element Identification
• Element Description

Click the Close button after you have viewed the projected allocation details to close the screen.