3.4.17.3 Process Fund Price Maintenance

This topic provides information about processing fund price maintenance details.

The system will validate at the time of fund price capture whether price is being maintained for the Fund in fund price currencies. If it is not maintained. then the system will display warning message as Prices for all currencies are not maintained do you wish to continue?

The Pre EOD checks Number of Non Pre-Settled Funds for which Fund Price has not been entered will be changed to check whether price in FPC have been maintained for the day in the system. For the Pre-Settled trade funds, the Pre-EOD check Number of Pre-Settled Trade Funds for which Fund Price has not been entered is maintained to list funds along with details such as fund Id, currency and effective date. This will be mandatory check. If the system does not find the price in currency of expression, then the transaction entered in currency of expression will not be allotted.

The Units will be allocated using respective currency of expression/ fund price if the transaction is done in currency of expression. If the transaction is done in fund base currency then the allocation will take place by taking the fund price captured in fund base currency. If the transaction is done in a currency which is other than FBC or currency of expression then the allocation of units will be done using prices captured in FBC.

Fluctuation percentage will be applicable for FPC’s as well. For project allocation, the system will take the latest available price and show the project allocation.

In case of menu allocation if the price is not available then the system will not allocate the transactions.