The Fund Cycle

Course Overview

The success of the Funds Industry brings with it some challenges when hiring new staff who have little or no experience in the industry.

This training programme has been developed to give delegates an overview of the Funds industry and how the various parties interact with each other. It looks at how funds are set up. This Funds industry overview provides delegates with a comprehensive understanding of the investment cycle - how investor monies passes through the Transfer Agent and the Custodian, how securities are traded, how they are priced, how the fund portfolio is valued and how investor units are created.

It also emphasises to delegates the impact their role has on other areas within the funds industry workplace.

Course Objectives
At the end of this funds industry training, delegates will be able to:
Outline the various parties involved in a fund;
From an operational perspective, outline the fund cycle from the initial subscription to the Transfer Agent, investment decisions by the fund manager, safe-keeping of assets with the Custodian through to the valuation of the fund;
Explain the inter-dependencies one party has on the other in areas such as timely inter-departmental communication, reconciliation of holdings & cash, income and error reporting;
State why it is important to adhere to controls & procedures.

Target Audience

New or recent hires to the Funds industry, including Fund Administration, Transfer Agency, Shareholder Services, Global Custody, Trustee, Compliance.

Those working in the funds industry but not directly involved in day-to-day operations.

Duration

Half Day

Methodology

A combination of theory, group discussion, case studies and practical exercises

* This programme can be customised to incorporate relevant fund information and client procedures and controls.