Periodic statements

For securities which are unit trusts (retail funds), authorised representatives of issuers can generate and distribute a periodic statement for investors holding a security/unit as at the end of a financial year.  The statements contain the transaction history and performance of the investment over the financial year selected.

Once generated, the representative can view a PDF document containing all the statements to be issued.  Upon review, if there is missing or incorrect data, the data can be updated and the reports regenerated as often as required. Once satisfied, the system allows the representative to email the reports to all security/unit holders whose email is recorded.  For security/unit holders whose email is not recorded, the system generates an additional PDF document containing the statements for these holders for posting or other action by the issuer.

Before generating the reports, please ensure the exit price of the security/unit as at the end of the financial year prior to and as at the end of the financial year selected have been uploaded into the system.  Failure to have the correct prices uploaded will result in erroneous information in the statements.  To learn how to upload prices click here Upload security price data.

To generate periodic statements:

1. From the menu, go to Fund admin and click Periodic Statements. Note that this menu item is only available if for issuers who have unit trust securities. This will take you to the Periodic statements list, a list of statements that have previously been generated.
2. To create new periodic statements, click Create new periodic statements.
3. Under What time period is this report for? select the financial quarter.
4. Select the security from Select one or multiple securities, or tick the Include all securities checkbox.
5. Under Include any additional terms to be added on the statement you can enter any additional text that you would like to appear on the statements.
6. Click Generate report. The system will then generate the statements for review.  At this stage the statements will not be emailed to investors. You will return to the Periodic statements list while the statements are generated in the background. Once they have generated, click on the View statement link to go to the Periodic statement detail.

To review and email periodic statements:

1. From the Periodic statement list, go to the Periodic statement detail by clicking on View statement or the link in the Description column.
2. Review the statements by clicking Download next to the PDF icon.
3. If any information is incorrect or missing, update the information on the system and re-generate the statements.
4. Once satisfied the reports are complete and accurate, email the reports to relevant investors by clicking on Email statements to investors.
5. If there are any relevant investors whose email address is not recorded, a sentence saying "For holdings that do not have an email address on record, you can download this PDF for you to print and send out" will be visible. Click on download this PDF to download this document.