Asset Management

Providing Fund Administration means providing one or more of the following services in relation to a Fund:

a) processing dealing instructions including subscriptions, redemptions, stock transfers and arranging settlements;
b) valuing of assets and performing net asset value calculations;
c) maintaining the share register and Unitholder registration details;
d) performing anti money laundering requirements;
e) undertaking transaction monitoring and reconciliation functions;
f) performing administrative activities in relation to banking, cash management, treasury and foreign exchange;
g) producing financial statements, other than as the Fund’s registered auditor; or
h) communicating with participants, the Fund, the Fund Manager, and investment managers, the prime brokers, the Regulators and any other parties in relation to the administration of the Fund.

AIFC General Rules, Schedule 1

Authorisation Fee (paid once):

5000 USD

More information and templates are available on AFSA’s website