2.1 Set up Reference Information

This topic provides the systematic instructions to set up reference information.

Information that is static and will need to be set up only the first time, and subsequently altered very little or not at all, constitutes reference information. This includes:

• Entities that the AMC would transact with, such as agents, agency branches, banks, bank branches, registrars, trustees, bulk clients, check vendors, underwriters and custodians. You can also maintain different AMC’s as entities.
• The different values for static system parameters, such as countries, identification, corporation and occupation types, account types, investor categories, fee categories, and so on.
• Currency information, such as the different currencies, exchange rate sources and pair currencies. On a daily basis, you can also capture the prevalent exchange rates.
• Tax processing information that would be applicable to investor categories, country tax laws, cash dividends, brokers and funds floated by the AMC.
• The different fees, incentives or loads that would apply to transactions of investors in the funds of the AMC. This includes fees such as contingent deferred sales charge (CDSC), trailing commissions and ongoing management fees.
• The holiday calendar for the AMC, and the holiday calendar for the fund, if required.

This topic deals with setting up the following reference information:

• Fund Types
• Entities
• Withholding Tax
• Modes of Payment
• Holidays
• Static maintenance for switch transactions
• Indexation values for capital gains tax