4.28.1 Readjust Unit Holder Portfolio

This topic provides detailed instructions to readjust unit hholder portfolio details.

You can define percentage of the readjusted portfolio fund wise for a given Unit Holder using the Readjustment of UH Portfolio screen. Based on this percentage defined, the system will readjust portfolio by means of switch/pseudo switch on the given funds of the unit holder. All the switch and pseudo switch transactions are unit based transactions

1. On Home screen, type UTDUHPR in the text box, and click Next.
   The UH Portfolio Readjustment Detail screen is displayed.

   Figure 4-19 UH Portfolio Readjustment Detail - Main

   
   

   
   Description of "Figure 4-19 UH Portfolio Readjustment Detail - Main"

   
   
2. On UH Portfolio Readjustment Detail screen, specify the fields.

   Table 4-27 UH Portfolio Readjustment Detail - Main Tab

   Fields	Description
   Unit Holder ID	Alphanumeric; 12 Characters; Mandatory Specify the unit holder ID. You can also click Find UH button to find the authorized unit holders. The system displays a list of authorized unit holders maintained in the system.
   Aggregate Currency	Alphanumeric; 3 Characters; Optional In case the readjustments are between the funds of different fund base currency (FBC), then you have to specify the aggregate currency. Specify the aggregate currency. You can also select the aggregate currency from the adjacent option list. The option list consists of all the valid and authorized currency codes maintained in the system. While processing the transaction, the system will convert the currencies of the current holdings of the selected funds into aggregate currency for the purpose of comparing and achieving the required portfolio. The system triggers an error message if there are funds involving more than one FBC and if the aggregate currency is not specified. However, if all the funds defined in the screen are having same fund base currency, then the system defaults the aggregate currency with the same fund base currency. For instance, if all the funds defined are having FBC as USD, then on saving the details, the system will default aggregate currency as USD. Note: The aggregate currency chosen should be the FBC of at least one of the funds selected.
   Readjustment Status	Display Based on the status of the readjustment, the status is displayed here. The following status are available: Not Processed Transaction Generated Failure during transaction Generation You can modify the details only if the readjustment status is Not Processed. Note: For a given unit holder, there can be only one Not Processed readjustment.
   Readjustment ID	Display On saving the details, the readjustment ID is generated. Later, you can use this number to query the details.
   Cancelled	Optional The system will not generate the transactions that are authorized but are yet to be processed. This option is enabled only during amending operation.

   Table 4-28 UH Portfolio Readjustment Detail - Main Tab - Details

   Fields	Description
   Fund ID	Alphanumeric; 6 Characters; Mandatory Specify the fund ID. You can also select the fund ID from the option list provided. The option list displays the valid fund IDs maintained in the system. You should at least specify two funds for readjustments and for the given unit holder, at least one of the funds defined should have the settled unit balance.
   Fund Name	Display Based on the fund ID selected, the fund name is displayed.
   Fund Base Currency	Display Based on the fund ID selected, the fund base currency is displayed.
   % Holding after Readjustment	Alphanumeric; 5 Characters; Mandatory Define the percentage of the readjusted portfolio for the unit holder. After readjustment, this is the percentage of the total holdings of the settled units for the selected funds. The total percentage should added up to hundred percent.

3. Click on Transaction Details tab.
   The transation details are displayed.

   Figure 4-20 UH Portfolio Readjustment Detail - Transaction Details

   
   

   
   Description of "Figure 4-20 UH Portfolio Readjustment Detail - Transaction Details"

   
   

   • Transaction Number
   • Fund ID
   • To Fund ID
   • Transaction Type
   • Ref Type
   • Transaction Amount
   • Units
4. Click on Errors tab.
   The errors details are displayed.

   Figure 4-21 UH Portfolio Readjustment Detail - Errors

   
   

   
   Description of "Figure 4-21 UH Portfolio Readjustment Detail - Errors"

   
   

   During transaction generation, if one of the transactions fails, then the system will log an error as Transaction Processing Failed. It will not generate the partial successful transactions. The failed reasons can be viewed under Errors tab.

   The system displays the following values:

   • Error Code
   • Description

   Note:

   In case of pseudo switch, the transaction currency for the subscription transaction will be the fund base currency of the redemption transaction fund.