Up-to-date Reporting
- Martin Zahner
Feature Description and Business Benefit
Calculates the projected NAV in the current version, 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
Maintain cash flows in the Daily Input entry mask (Fund Management, Fund Data Input)
Choose Fund in filter bar
Choose date selection in filter bar
Enter cash flows
Fund Data Input Screens (Infidem/Direct/SMA)
Choose “Fund” in filter bar
Maintain NAV Uplift in the input table (last value in the input section)
Validate the projected NAV
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
As reportings from the fund managers require a lenghty valuation and review process, the release to capital account statement takes time. The Projected NAV provides the investment teams a projected value at the reporting date.
The NAV valuation for funds in quarters is calculated with the logic:
Quarter | NAV | 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 based on from Value Projections of the LP PM Model |