Document Layout

The Pooled Fund Control Maintenance document includes the Edit Pooled Fund Control tab. The system automatically enters data into both the Old and New sections in this tab. Selected data fields are available for editing.

Edit Pooled Fund Control tab definitions:

Title

Description

Pooled Security ID

Required when initiating a document; otherwise, display only. The identification code for this investment pool.††††

Pooled Fund Description

Required. The name associated with the ID code.

Increment Valuation Days

Required. The number of days from the date of the pool valuation (see Pooled Fund Value) that the new value is to take effect.

Pooled Fund Registration Code

Required. The registration code for the pooled fund. Enter the appropriate code or use the lookup Description: _searchicon.gif†to find it.

Pooled Fund Registration Code Description

Display only. Your institutionís description of the registration code.

Allow Fractional Shares

Check the box to allow fractional shares. If the box is unchecked, fractional shares are not permitted.

KEMID

Required. The KEMID that holds control totals of pooled fund activity (buys, sells, and distributions) and through which information can be passed to the General Ledger, typically to a control account that is not included in the balance sheet (to avoid double accounting).

KEMID Short Title

Display only. The descriptive name of the KEMID.

Asset Purchase Offset Transaction Code

Required. The Etran code to be used to record entries to the control KEMID for shares purchased by the endowments as a result of automated or manual pooled investment activity.

Asset Sale Offset Transaction Code

Required. The Etran code to be used to record entries to the control KEMID for the carry value of shares sold by endowments as a result of automated or manual pooled investment activity.

Asset Sale Offset Transaction Description

Display only. The description stored in the system for the asset sale offset transaction code entered.

Sale Gain Loss Offset Transaction Code

Required. The Etran code to be used to record entries to the control KEMID for realized gains or losses resulting from shares sold by endowments as a result of automated or manual pooled investment activity.

Sale Gain Loss Offset Transaction Description

Display only. The description stored in the system for the sale gain loss offset transaction code entered.

Cash Deposit Offset Transaction Code

Required. The Etran code to be used to record entries to the control KEMID for shares purchased by endowments as a result of automated or manual pooled investment activity.

Cash Deposit Offset Transaction Description

Display only. The description stored in the system for the cash deposit offset transaction code entered.

Distribute Gains And Losses

Display only. Indicates whether unrealized gains and/or losses are to be distributed through the automated process to the holders of this pooled security.

Active Indicator

Indicates whether this pooled fund is active or inactive. Remove the check mark to deactivate the fund.

More:

Creating a Pooled Fund