Services

Administration & Preparation


FUND ADMINISTRATION

Calculation of NAV including the calculation of the fund's income and expense accruals and the pricing of securities at current market value

Preparation of semi-annual and annual reports to shareholders

Maintenance and filing of the fund's financial books and records as the fund accountant, including reconcilement of holdings with custody and broker records

Payment of fund expenses

Settlement of daily purchases and sales of securities, ensuring collection of dividends and interests

Calculation and payment to the transfer agent of dividends and distributions (if required)

Preparation and filing of the fund's prospectus

Preparation and filing of other SEC filings/reports

Calculation of the total returns and other performance measures of the fund

Monitoring investment compliance with SEC, prospectus or U.S. Internal Revenue Code restrictions

Supervision of the orderly liquidation and dissolution of the fund (if required)


Financial Statement Preparation

Preparing general-purpose financial statements: Balance sheet, income statement, statement of retained earnings, and statement of cash flows