Fund Administration encompasses the following non-exhaustive tasks

• Establishing of budgets of the funds

• Valuation of portfolios based on external pricing providers compared to internal estimates

• Book- and recordkeeping of any action affecting the assets/liabilities of the fund

• Controls and Funds Compliance – investment restrictions monitoring

• Reconciliations with the custody books and records

• Calculation of relevant tax figures

• Corporate actions and Tax reclaim

• Filing of breaches to the regulator and external auditors with appropriate wording

• Storage and management of any relevant correspondence

• Publication of NAV-prices Legal and Client reporting

• Calculation and payment of all relevant fees/taxes

• Financial report