Fund Accounting and Portfolio Services

Apex Fund Services aims to provide timely, accurate and independent portfolio accounting through the usage of the most advanced technology available.

Ensuring independence as a third party provider is paramount to what we provide. Trades and pricing data are obtained from third parties, and can be imported directly into our system. Fund accounting services includes:

• Daily reconciliation of cash balances and positions with prime broker(s)
• Automated upload of daily trading activity from the investment managers trading system or prime broker
• Independent pricing and fund valuation
• Processing of corporate actions and dividends
• Expense accrual management
• NAV production and distribution - monthly or estimated daily and/or estimated weekly basis
• Series accounting and equalization support.
• Cash management and reconciliation
• Calculation and timely payment of all management and performance fees in accordance with the key agreements.
• Preparation of interim and annual financial statements, including co-ordination of the annual audit.
• Web access for investment managers to obtain daily return information and other performance indicators