1.12.1 Amendment of Dividend Payments for Specific Unit Holders

This topic provides the systematic instructions to amend Dividend Payments for Specific Unit Holders.

In the Selected UH Dividend Reversal/Amendment screen, you can amend a dividend payment for specific unit holders as follows:

1. Select Amend in the Operation field.
2. Select the ID or ISIN code of the fund for which you are amending the last processed dividend.
3. Select the corporate action that resulted in the processed dividend that is being amended.
   When you select the fund and the corporate action, the payment number of the last processed dividend for the selected combination is displayed. The dividend reference number as well as the serial number is also displayed.
4. Indicate whether the freeze holdings information in respect of the dividend being amended must be recomputed, so that the amendment would come into effect, for the selected unit holders.
5. Indicate whether reinvestments in respect of the amended dividend need to be generated, for the selected unit holders.
6. To select the specific unit holders for whom the amendment of the processed dividend must apply, click on the list box in the Unit Holder Details field.
   The Unit Holder Selection screen is opened, where you can select the specific unit holders.
7. Save your changes after you have made the specifications listed above and selected the specific unit holders.
8. You can make the necessary amendments in the Fund Dividend Summary screen. The dividend amendments would apply only to those specific unit holders selected in the Selected UH Dividend Reversal / Amendment maintenance.
   After an amendment of a processed dividend has been entered as described above, it must be authorized in order to come into effect.