FA Fund Management 1.7 - Release notes
FA Fund Management 1.7 [latest updated version 1.7.0] has been released.
FA Fund Management 1.7
Contains: New features for managing share classes and analyzing funds for reporting purposes.
Released: April 20, 2022
Improvements - see attached FA Fund Management 1.7 Release notes for more details.
FA Fund Management Release notes.pdf
Wizard to create and manage fund share classes
Mechanism to pre-calculate data for fund reporting
Automatic refresh of NAV status screen to show progress
Automatically fill in missing FX rates on client subscriptions and redemptions during NAV acceptance
Run “Deferral of account balances” as part of your NAV calculation flow
In addition to the improvements highlighted in the release notes, FA Fund Management 1.7.0 includes the following fixes:
Rolling back NAV now correctly recalculates report data for affected fund portfolio and shareholder portfolios, ensuring positions and account balances are correct after the client subscriptions / redemptions have been rolled back and the created fee and unit holder cash transactions have been removed from the fund portfolio.
NAV acceptance now aggregates all client orders with standard settlement date correctly, regardless of whether you have added the settlement date manually on the order or whether you let NAV acceptance set the settlement date for your transactions.
New accruals are now correctly included in “accrued receivables” in the NAV data.
NAV is now calculated correctly for FX hedged share classes also on the days when FX forwards settle.
Shareholder registry is now formatting numeric values consistently with other screens, using the same, localized decimal separator throughout the application.
You can now re-open the fund details through the NAV Status screen without having to re-select a fund from the table.
Updates to FA Fund Management 1.7
FA Fund Management 1.7.1 Release notes
Version 1.7.1 is an update to FA Fund Management 1.7. This update includes the following fixes:
Fund reporting view now lists all funds even if some of them have an invalid reporting schedule, allowing you to proceed with funds with a valid schedule.
You can now use the Reporting data window on the Fund reporting view without errors even when some of the data can't be calculated, for example due to invalid history. Missing data is now shown as empty, and other data is shown correctly without errors.
Fixed an issue in formatting the reference of an executed client transaction, when the client transaction is linked one-to-one to a unit holder cash transaction through its reference number. The reference is now formatted correctly even when the linked unit holder cash transaction’s ID had more than 7 digits, without unnecessarily converting that to a scientific number format.