Asset Increase

The Asset Increase e-doc allows you to add to the holdings of a KEMID, either through the cash purchase of an asset or by depositing it directly into the KEMID holding record. You may record multiple asset increase transactions for a given asset on each e-doc by entering multiple transaction lines. Only one asset may be entered on each e-doc.

Asset increase transactions are internal to the KEM system and do not result in the exchange of actual cash to a third party outside of your institution. For example, the purchase of shares of pooled funds by the KEMID through the automated cash investment process reduces the KEMID cash balance, increases the holding of pooled funds, and does not change the overall value of the KEMID.

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Document Layout

Process Overview

Example