FUND SETUP

Dedication of resources in the product development, structuring, launch phase or transfer of the administration operations of the Fund by liaising and coordinating with legal counsel, brokers, custodians, auditors, regulatory bodies and directors
Initial and ongoing consultation and review of requirements of funds
Review of offering documents, custody agreements, administration agreements and any other required documentation
Setting up bank and broker accounts
Establishment of procedures to ensure smooth running of the fund

ACCOUNTING & VALUATION

Maintenance of accounting records and responsibility for record keeping of all transactions/ trades in a multi-currency environment in accordance with regulatory requirements
Reconciliations of all cash/broker accounts and transmission of information to client
Calculation of Management/Performance Fees, other fees and accruals
Preparation of daily, weekly and monthly net asset value calculations as required
Timely preparation of quarterly/annual financial statements including detailed supporting schedules in accordance with International Accounting Standards
Coordination of the funds audit process and liaison with auditors
Preparation of regulatory reports/filings and liaison with regulator

Maintenance of share register and shareholder details
Process subscriptions, redemptions and transfers and distribute onfirmations of all to shareholders
Distribution of shareholder valuation statements and communicate with shareholders as needed
Verification of shareholder details and ensure compliance with Cayman Islands Anti-Money Laundering Regulations and perform adequate due diligence procedures

Under Cayman Islands Company Law, a Cayman corporation must maintain its registered office in Cayman, a service offered by FOCUS.

Maintenance of Minute Books and Statutory Records
Statutory filings with the Cayman Islands Registrar of Companies & CIMA
Arranging and conducting shareholders and directors meetings, providing company secretaries and preparing all necessary filings