Use our Extended Fees section to include more complex transaction charges in our Hedge Fund Portfolio Management System. This is the area where you can manage your standard fees – including SEC fees, Taxes, PTM Levies and Commissions. However, it also allows you to incorporate more account-specific fees, such as: Month End ticket fees, Done Away charges, and fees that occur in different currencies to their trades.
You can choose 3 separate ways to include each fee, varying on whether to include or exclude it from the trade, and whether to process it simultaneously or separately. Our 3 types of Occurrence are:
- ‘Included in Net’ – additional fees included in the net
- ‘Separate Deferred’ – fees excluded from the net amount, and deferred to occur at a later date than the trade
- e.g. Month End ticket fees
- ‘Separate Trade’ – fees excluded from the net amount, but scheduled to occur at the same time as the trade
- e.g. additional fees in a different currency
To enter an Extended Fee:
- Go to the Administration tab
- Select Extended Fees
- Enter the properties of the extended fee you would like to include
To learn more about our Hedge Fund Portfolio Management System, click here.
