FundNav® Platform for Transactions and Reportings
FundNav® Platform for Transactions and Reportings
With FundNav®, keep your investors informed on the NAV of the fund, pricing of nodes, share key information, reporting and online subscription process.
Your issuer – compartment – class – ISIN
Your Logo
Last Nav (action funds)/ Last Pricing (obligation funds)
History of NAV/Pricing Calculation
Your performance in a graphical view
Onboard new investor
Online, paperless, wet signature
Subform can be completed by manager or the subscriber.
RBA and KYC review by Creatrust
Clear view on all of your onboardings progression
Contract note with your logo and signature
Share hold + their valuation for each investor
Risk Base Assessment for each investor
Extract of shareholder register
ISIN code
Bloomberg ticker
Telekurs ticker
Details about the funds
The investors may see here the conditions of subscriptions and redemption of the Shares or Notes
Details of the fees schedule that is applied by the Fund Manager for this share class
The directory or ‘football’ pages is mentioned here with the name of each counterparty, Fund Manager, Issuer, Management Company, Banker, Broker, Investment Adviser and other information
This part is fully flexible, the Manager can upload any file or add any field required.
This includes the Fund issuance documentation, the audit report, financial statement, description of the underlying assets or any other files that the Manager wishes to share with its investors.
This can also work as a data room for club deals or venture capital projects/funds.
FundNav® Has A 9 Steps Subscription Process
Step 1 : Subscriber details
The subscriber must provide the main details about him or its company doing the subscription.
This section includes the first name, name, address, email, phone number, country, date of birth etc…
Step 2 : Know your customer
In this section the subscriber must provide information regarding its occupation (job), the origin of funds, for instance if it is from an inheritance, from a donation or other means. For entities, they must provide their annual income, if they are regulated or listed on a specific exchange, etc.
These details will be used to identify the customer and assess their eligibility to subscribe to the fund.
Step 3 : Bank accounts details
A specific bank, generally where the funds are located, will have to be identify in order to perform future transfer to subscribe into the fund. It should include the country, currency, account holder, name of the bank, etc…
Step 4: Reporting to the subscriber
The subscriber needs to specify if the information (contract note & portfolio statements) should be provided to him or a third entity which he represents.
Step 5: Power of Attorney
The subscriber needs to specify if he want to give a power of attorney to a third party in order to accept or execute any future instructions.
Step 6 : Subscriber Payment
The subscriber has to mention if he would like to subscribe in amount or in number of units.
Step 7 : Tax information
The country of tax residence(s) as well as the Tax Identification Number (TIN) must be provided by the subscriber. And he must mention if he is subject to US taxation rules.
Step 8 : FATCA & CRS for ATAD 2
The subscriber needs to inform which Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) he is subject to. For instance, which type of institution (reporting versus non reporting) , if they are rules limitation in his jurisdiction , etc…
Step 9 : KYC Documents
The final step before the subscription validation consists in providing all the relevant KYC documents, this mainly consists in a copy of a passport, utility bills for the residence address (< 3 months), etc…
Manage Your
Capital Calls Online
With FundNav®, you are able to manage capital calls for Private Equity, Real Estate or Venture Capital Close-ended Fund Structure.
Within the Subscription Tab of your Fund, select the “+” button at the bottom of your screen.
This will extend an action window where you can press on the “Send Capital Calls” button to access the capital call menu.
Compliance / AML / RBA
FundNav® provides automated process of anti money laundering and help manager to produce a Risk Base Assessment for each investor that will set the AML Risk (ML/TF).
This questionnaire will be review by the administrator and the risk level will be assigned from Low to High risk.
FundNav® can then check the investor’s details, create workflow for the compliance officer, update the documentation to fulfill the requirement of the legislation.
