Fund administration

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940: DEX

Retrieved on: 
Friday, August 30, 2019

While the NAV performance may be indicative of the Funds investment performance, it does not measure the value of a shareholders investment in the Fund.

Key Points: 
  • While the NAV performance may be indicative of the Funds investment performance, it does not measure the value of a shareholders investment in the Fund.
  • The Fund's primary investment objective is to seek current income, with a secondary objective of capital appreciation.
  • Advisory services are provided by Macquarie Investment Management Business Trust, a registered investment advisor.
  • MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.

NAV Experiences Growth in Number of Cryptocurrency Clients

Retrieved on: 
Tuesday, August 20, 2019

OAKBROOK TERRACE, Ill., Aug. 20, 2019 /PRNewswire-PRWeb/ -- NAV Fund Administration Group (NAV) continues to see growth in its number of crypto clients.

Key Points: 
  • OAKBROOK TERRACE, Ill., Aug. 20, 2019 /PRNewswire-PRWeb/ -- NAV Fund Administration Group (NAV) continues to see growth in its number of crypto clients.
  • As interest in cryptocurrency steadily rises, clients have found expert crypto service at NAV, which has become one of the biggest fund administrators in the crypto space.
  • NAV understands cryptocurrency both as a tradable asset and as a technology, with its technical knowledge encompassing the treatment of forks and airdrops, valuation, AML, and more.
  • "NAV's dedicated staff and technical proficiency allow us to comfortably administer a variety of cryptocurrency solutions," says Nav Gupta, CEO and Founder of NAV.

Liberty All-Star® Equity Fund July 2019 Monthly Update

Retrieved on: 
Wednesday, August 14, 2019

If the market price is above the NAV, the Fund is trading at a premium.

Key Points: 
  • If the market price is above the NAV, the Fund is trading at a premium.
  • If the market price is below the NAV, the Fund is trading at a discount.
  • Performance returns for the Fund are total returns, which includes dividends, and are net of management fees and other Fund expenses.
  • Performance information shown does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares.

Liberty All-Star® Growth Fund, Inc. July 2019 Monthly Update

Retrieved on: 
Wednesday, August 14, 2019

If the market price is above the NAV the Fund is trading at a premium.

Key Points: 
  • If the market price is above the NAV the Fund is trading at a premium.
  • If the market price is below the NAV the Fund is trading at a discount.
  • Performance returns for the Fund are total returns, which includes dividends, and are net of management fees and other Fund expenses.
  • The final determination of the source of all distributions in 2019 for tax reporting purposes will be made after year end.

Abacus Financial Services Limited Selects PFS-PAXUS

Retrieved on: 
Tuesday, August 13, 2019

LONDON, Aug. 13, 2019 /PRNewswire/ -- Pacific Fund Systems (PFS), the leading provider of global fund administration software, is pleased to announce that Abacus Financial Services Limited (Abacus) an international professional services firm based in Gibraltarand full-service fund administration provider, has selected the PFS-PAXUS fund administration system for its third-party fund administration business operations.

Key Points: 
  • LONDON, Aug. 13, 2019 /PRNewswire/ -- Pacific Fund Systems (PFS), the leading provider of global fund administration software, is pleased to announce that Abacus Financial Services Limited (Abacus) an international professional services firm based in Gibraltarand full-service fund administration provider, has selected the PFS-PAXUS fund administration system for its third-party fund administration business operations.
  • In addition to fund administration services, Abacus offer wealth management, corporate structuring, pensions, tax, accounting and the procurement of legal services.PFS-PAXUS will provide Abacus with a complete back-office fund accounting, multi-currency, portfolio valuation, fund pricing and transfer agency solution in a single, automated and fully integrated system for the administration of its investment funds.
  • Following an extensive and detailed procurement project seeking a fund administration system to assist the growth of its rapidly expanding third-party fund services business, Abacus selected PFS-PAXUS, opting for the full SaaS cloud deployment model which allows PFS' clients to benefit from a fully vendor hosted solution.
  • Pacific Fund Systems services a continually expanding international client base with more than US$600bn of assets managed globally on PFS-PAXUS.

Abacus Financial Services Limited Selects PFS-PAXUS

Retrieved on: 
Tuesday, August 13, 2019

LONDON, Aug. 13, 2019 /PRNewswire/ -- Pacific Fund Systems (PFS), the leading provider of global fund administration software, is pleased to announce that Abacus Financial Services Limited (Abacus) an international professional services firm based in Gibraltarand full-service fund administration provider, has selected the PFS-PAXUS fund administration system for its third-party fund administration business operations.

Key Points: 
  • LONDON, Aug. 13, 2019 /PRNewswire/ -- Pacific Fund Systems (PFS), the leading provider of global fund administration software, is pleased to announce that Abacus Financial Services Limited (Abacus) an international professional services firm based in Gibraltarand full-service fund administration provider, has selected the PFS-PAXUS fund administration system for its third-party fund administration business operations.
  • In addition to fund administration services, Abacus offer wealth management, corporate structuring, pensions, tax, accounting and the procurement of legal services.PFS-PAXUS will provide Abacus with a complete back-office fund accounting, multi-currency, portfolio valuation, fund pricing and transfer agency solution in a single, automated and fully integrated system for the administration of its investment funds.
  • Following an extensive and detailed procurement project seeking a fund administration system to assist the growth of its rapidly expanding third-party fund services business, Abacus selected PFS-PAXUS, opting for the full SaaS cloud deployment model which allows PFS' clients to benefit from a fully vendor hosted solution.
  • Pacific Fund Systems services a continually expanding international client base with more than US$600bn of assets managed globally on PFS-PAXUS.

Ultimus Receives Highest Scores in Global Custodian's Mutual Fund Administration Survey

Retrieved on: 
Tuesday, August 6, 2019

CINCINNATI, Aug. 6, 2019 /PRNewswire/ -- Ultimus Fund Solutions (Ultimus), one of the largest independent providers of mutual fund servicing, is delighted to announce that it received the highest overall score in Global Custodian's Mutual Fund Administration Survey for the fifth year in a row.

Key Points: 
  • CINCINNATI, Aug. 6, 2019 /PRNewswire/ -- Ultimus Fund Solutions (Ultimus), one of the largest independent providers of mutual fund servicing, is delighted to announce that it received the highest overall score in Global Custodian's Mutual Fund Administration Survey for the fifth year in a row.
  • The annual Mutual Fund Administration Survey, produced by Global Custodian and administered by AON McLagan, recognizes mutual fund service providers which provide an exceptional level of service to fund manager clients.
  • "We are humbled to learn that we received remarkable scores from our clients in this year's Global Custodian survey," said Bill Tomko, EVP and Director of Fund Servicing at Ultimus.
  • Ultimus Fund Solutions provides a highly customized and comprehensive suite of fund administration services for investment advisers.

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940: DEX

Retrieved on: 
Friday, July 26, 2019

While the NAV performance may be indicative of the Funds investment performance, it does not measure the value of a shareholders investment in the Fund.

Key Points: 
  • While the NAV performance may be indicative of the Funds investment performance, it does not measure the value of a shareholders investment in the Fund.
  • The Fund's primary investment objective is to seek current income, with a secondary objective of capital appreciation.
  • Advisory services are provided by Macquarie Investment Management Business Trust, a registered investment advisor.
  • MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.

NAV Fund Administration Expands Services for Private REITs

Retrieved on: 
Thursday, July 11, 2019

OAKBROOK TERRACE, Ill., July 11, 2019 /PRNewswire-PRWeb/ --In response to the recent increased interest in REITs (Real Estate Investment Trusts) due to the Tax Cuts and Jobs Act, NAV Fund Administration Group (NAV) now offers several services to support private REIT managers.

Key Points: 
  • OAKBROOK TERRACE, Ill., July 11, 2019 /PRNewswire-PRWeb/ --In response to the recent increased interest in REITs (Real Estate Investment Trusts) due to the Tax Cuts and Jobs Act, NAV Fund Administration Group (NAV) now offers several services to support private REIT managers.
  • Using the NAV technology platform, NAV is able to provide support for private asset and income REIT testing, audits, and tax preparation.
  • "Our dedicated REIT team combines the expertise of our network of service providers with our specialized technology platform to meet the increased demand for private REIT services," said Nav Gupta, founder and CEO of NAV.
  • For over 28 years, NAV Fund Administration Group has served as a globally-recognized hedge fund administrator.

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940: DEX

Retrieved on: 
Friday, June 28, 2019

While the NAV performance may be indicative of the Funds investment performance, it does not measure the value of a shareholders investment in the Fund.

Key Points: 
  • While the NAV performance may be indicative of the Funds investment performance, it does not measure the value of a shareholders investment in the Fund.
  • The Fund's primary investment objective is to seek current income, with a secondary objective of capital appreciation.
  • Advisory services are provided by Macquarie Investment Management Business Trust, a registered investment advisor.
  • MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.