Fund Services

NWT provides a full array of fund administration services for both open-ended and close-ended collective investment schemes. Such services include but are not limited to:

Fund Formation

  • Preparation/Review of fund offering documents
  • Arranging and forwarding of applications to relevant regulatory authorities
  • Coordinating the preparation and execution of agreements with advisers, investment managers or other service providers
  • Support in the setting up of fund accounting policies and fund operational procedures
  • Establishment of bank & custodial accounts

 

Shareholder Care

  • Maintaining the shareholders’ register
  • Processing  subscriptions, redemptions, exchanges and share transfers
  • Conducting due diligence procedures on shareholders
  • Coordinating the communication with shareholders
  • Processing dividend payments

 

Accounting and Administration

  • Maintaining books & records  
  • Preparation of annual/monthly financial statements
  • Calculation of Net Asset Values on any frequency
  • Managing the implementation of fund accounting policies and fund operational procedures
  • Calculation and payment of service providers’ fees (e.g. investment management & performance fees)
  • Liaising with the custodian to process settlement of sales & purchases of securities
  • Preparation of portfolio valuation reports (& other reports)
  • Coordinating year-end audits

 

Compliance

  • Monitoring the fund’s compliance with relevant legislation & regulations
  • Communicating with regulators
  • Communicating with auditors (& any other stakeholders)