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Feature Description and Business Benefit

Calculates the projected current NAV, prior to official capital account statements to provide investors a up-to-date valuation of the portfolio.

The up-to-date reporting ensures the most accurate valuation of the portfolio with the data currently available. To bridge the information gap between the last fully reported Quarter and the current valuation of the portfolio.

How to use the capability

  1. Maintain cash flows in the Daily Input entry mask (Fund Management, Fund Data Input)

    1. Choose Fund in filter bar

    2. Choose date selection in filter bar

    3. Enter cash flows

  2. Fund Data Input Screens (Infidem/Direct/SMA)

    1. Choose “Fund” in filter bar

    2. Maintain NAV Uplift in the input table (last value in the input section)

    3. Validate the projected NAV

  3. See the changes in the Projected NAV and the NAV variance in the Aggregate Portfolio View - Capital Account Columns to check the

Calculation logic Projected NAV

The NAV valuation for funds in quarters is calculated with the logic:

Quarter

NAVCase

projected NAV

Calculation Logic

past fully reported quarters

Reported NAV in Capital Account Statements

not available

Ending NAV of Quarter (input)

Current Quarter

Reported NAV in last Capital Account Statements

if cash flows and/or NAV uplift % available

Projected NAV = (Ending Projected NAV of last reported quarter + contributions since last reported - distributions since last quarter) * (1+NAV Uplift %)

if no data is entered

last quarter Projected NAV,

Future Quarters

if cash flows and/or NAV uplift % available

Projected NAV = (Ending Projected NAV of last reported quarter + contributions since last reported - distributions since last quarter) * (1+NAV Uplift %)

no data is entered

Projected ending NAV comes from Portfolio Analysisbased on from Value Projections of the LP PM Model